ALIL launches offshore online account

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Alliance & Leicester International is attempting to cash in on the growing number of silver surfers, with the launch of an online only savings account.

It says until recently the offshore sector seems to have been lagging behind the onshore in term of online flexibility, as while some companies (including ALIL) offer internet banking, it still involves paper applications and confirmed signatures. As a result, ALIL says it has decided to launch the ‘e-saver offshore account’ which it says will offer ex-patriates and offshore savers the ability to both apply for and manage their savings online without the need for a ‘wet’ signature. Instead, new and existing savers will be able to open an account by accepting the terms and conditions, a...

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