Expat banking abroad
With both traditional banking facilities and specialised international services, we can help simplify your financial life abroad.
Services for expats
Along with all the traditional banking facilities, we offer a range of benefits designed to help expats living overseas. You can:
- open an offshore bank account
- hold accounts in euros, US dollars and sterling
- set up direct debits and standing orders from abroad
- withdraw cash and make purchases in the UK from your sterling account
- manage your finances when and where you want using our international telephone and online banking service
- pay bills and make payments of up to £50,000 (or currency equivalent for online transactions)
International bank accounts
Our International Bank Account offers competitive tiered interest rates and multi-currency options including euros, US dollars and sterling.
Account holders can also choose the service option that suits their financial needs:
- Our iBank service offers an easy, low-cost way to control your finances when living abroad.
- Our Relationship Service is designed to help affluent clients better manage their wealth. Your Relationship Manager understands your expat status and can create financial packages tailored for your unique situation and goals.
Offshore banking benefits
Offshore banking simply means banking in a jurisdiction other than the country you live in. In certain cases, the interest earned on your account will be paid gross of tax. This helps your savings accumulate more quickly, though you may incur a tax liability elsewhere**.
We give you a choice of offshore locations for your account.The Isle of Man and Jersey offer the benefit of both local and offshore banking facilities, due to their special status as British Crown dependencies.
No matter which account location you choose, you’ll benefit from:
- an economically stable location for your money
- the security of banking in a highly regulated financial market
- an excellent reputation for providing financial services
- potential financial planning opportunities
Convenient money management for expats
For anyone working or living abroad, our international telephone and online banking service gives you an easy and convenient way to manage your finances. Our international telephone option provides you with more personal service from our UK-based call centre*, while online banking lets you manage your money wherever it suits you.
You can use the internet† to:
- Check account balances
- enquire about transactions
- transfer money between your Barclays accounts, in any currency
- make payments up to a maximum of £50,000 (or currency equivalent) per payment
- pay bills to most companies with UK banking facilities
- set up and amend both UK and international standing orders
- order cheque books, paying-in books and replacement credit or debit cards
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Call us on
+44 (0)207 574 3217*