Lloyds TSB launches second British offshore banking office in US
Lloyds TSB Offshore has announced the opening of the first British offshore bank representative office on the North East coast. Located in Stamford, Connecticut, this office will provide international and offshore personal banking services to an increasing number of individuals who work, live or retire in the U.S.
With the rise of intercontinental living and working, and almost a fifth of the U.S. workforce legal foreign labour, an ever-increasing number of people are faced with the challenges of managing their finances on a global scale. The presence of the offshore bank representative office will provide a seamless resource for banking internationally offering customers access to a wide range of financial products and services including:
- International bank accounts
- Private banking services
- Personal loans and credit cards
- International mortgages
- Savings accounts
- Investments
International accounts are offered in sterling, U.S. dollars or euro, and are available with globally accepted debit cards and a sterling cheque book to manage day to day finances while abroad. Additionally, the Lloyds TSB Offshore banking support team can provide introductions to a tax expert who can advise on international tax issues tailored to individual needs.
"As global commuting becomes the norm, there is a significant need for financial institutions to meet the demands of individuals who require borderless banking and investment services," says Chris Gardiner, Associate Director of Lloyds TSB Offshore Limited. "We are excited to be able to meet this challenge head on with our presence in the New York metropolitan area."
The Stamford location will focus on serving the large ex-pat and international community residing in the tri-state area, enabling immediate financial access and readiness regardless of nationality.
Contact our Connecticut office to find out more.