Gain potential tax planning opportunities and greater financial flexibility with our range of offshore savings accounts. Choose from options that offer easy access to your money or accounts that could provide more competitive returns.

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OFFSHORE SAVING ACCOUNTS

Whatever your reasons for saving overseas, our range of accounts are simple to open and offer a secure home for your wealth. 

Each account offers a different balance of return and access to your cash, making it easy for you to find an option that meets your needs. 

Structured Deposits

Our Structured Deposits are medium-term savings (usually three to six years) and offer the potential to earn a higher return than you might get from a traditional, cash-based offshore savings account.

Your return is linked to the performance of an index or commodity, so you could risk getting less interest or none. But no matter how the index performs, the amount of your original deposit will be repaid to you at the end of the deposit’s fixed term.

Please note, structured deposits are subject to the risk of the bank or issuer that provides them being unable to meet their obligations when they fall due e.g. through insolvency. If this were to occur, you might get back less than due to you or nothing at all.

However, if you withdraw your money before the end of the term, you may get back less than you invested. Also, if the deposit taker fails to meet their financial obligations when they fall due, for instance through insolvency, then you would get back less than is due to you, or nothing at all.

Treasury Deposits

If you want a fixed rate of interest on your savings and don't mind your money being tied up for a fixed period of at least a month, a Treasury Deposit may be a good option. 

What’s more, our Treasury Deposits are available in any freely traded currency. 

Once the deposit is opened, your interest rate remains fixed for the term of the deposit. This means you’ll know your exact rate of return in advance.

Liquidity Management Service

Our Liquidity Management Service is an accessible, low-risk and tax-efficient way to grow your wealth. It gives you access to competitive yields on cash-based deposits from a range of carefully selected financial institutions. 

This service is available for those with a minimum of £1,000,000 to invest in sterling, euros or US dollars.

Offshore banking

An offshore bank account with Barclays could be a good option if you live, work or conduct business away from your home country. It allows you to:

  • easily make transactions in different currencies
  • access your money wherever you are in the world
  • access our financial planning services
  • protect and grow your wealth through offshore savings and investments

International bank accounts

Our International Bank Account offers easy access to your funds for all your day-to-day banking needs. It is available in sterling, US dollars or euros. 

Sterling accounts include a Barclays Connect debit card while euro and US dollar accounts include a Barclays Wealth Card. These cards offer easy access to your money from over 600,000 cash machines around the world and can be used to make purchases at more than 18 million outlets.

The International Bank Account also offers the usual features you would expect from a current account, such as an overdraft (subject to status), standing orders and direct debits. A cheque book is also available on request.

Sterling Savings

With a Sterling Savings account, you can save in sterling while having all the benefits of an offshore account:

  • Easy access to savings
  • Structured Deposits
  • Treasury Deposits
  • Liquidity Management Service