Alliance & Leicester International has launched its eSaver Offshore account, the first offshore savings account to offer an online application process without the need for a ‘wet' signature.
The product has been designed to enable customers to both buy and manage their account online while eliminating the need for excessive paperwork.
The key features of the account include an interest rate of 6.15% gross AER, interest payable annually, minimum balance £1,000, maximum balance £1m, no paper statements provided (an up to date transaction history can be viewed online) and an online application process.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till