offshore deposit account

Lloyds TSB International has improved fixed term deposits for expats who are looking to lock into better rates.

Guernsey-based Skipton International has kicked off the new year by launching a 180 day sterling notice account. Advisers' clients will need to make a minimum deposit of £10,000 to open an account.

Guernsey-based Skipton International has added a 180 day notice account to its portfolio of business deposit products and lifted rates across the board on its other 120, 80 and 40 day notice and ‘easy access' sterling business products.

Jersey-baed Santander Private Bank has sharpened its deposit interest rate offering saying it's responding to the "abnormally low interest rate environment" that has seen UK base rate remain stuck on its record low of 0.5% for nearly three years.

Isle of Man-based offshore savings bank Britannia International has launched two fixed rate savings accounts.