Have you figured out your banking options while working abroad?
Living and working away from home can be exciting but your banking arrangements need to run smoothly so that you can make the most of the international opportunities available to you. But where do you start?
‘Offshore’ or ‘international’ bank accounts for expats are a great starting point, not only are they more accessible than you probably think they are, but look hard enough and there will be one designed to work specifically for you.
Offshore Bank accounts, such as those available from international banks based in theIsle of Man, provide a home for your salary and savings in a tax neutral, stable, well regulated and English speaking location. These accounts are designed to operate alongside your domestic banking arrangements putting you in control of your international finances wherever you are in the world.
Standard Bank’s multi-currency Optimum Current Account is available in four different currencies (Australian Dollars, US Dollars, Euros and Sterling), offers 24/7 secure internet banking, a Visa debit card, a low minimum balance (£3000 or currency equivalent), no minimum income requirement and no minimum wealth requirement. From its base in the Isle of Man, Standard Bank has been serving expatriates originating from the southern hemisphere, for over 20 years.