International Bonus Saver Account

Have it all with attractive interest rates and instant access.


  • Instant access to your savings
  • No charges for withdrawals
  • A choice of currencies
  • A secure home for your money
  • 24/7 Internet Banking and Phonebank
Currency Access Introductory bonus Interest rate Minimum deposit
Sterling
Instant 0.50% AER* for the first 12 months Up to 1.00% Gross* and 1.00% AER** (this includes the bonus on the top tier rate. See interest rates)
£5,000
Apply for a Sterling InternationalBonus Saver
Euro
Instant 0.40% AER* for the first 12 months Up to 0.50% Gross* and 0.50% AER** (this includes the bonus on the top tier rate. See interest rates)
€5,000
Apply for a Euro International Bonus Saver
US Dollar
Instant 0.85%^ AER* for the first 12 months Up to 0.95% Gross* and 0.95% AER** (this includes the bonus on the top tier rate. See interest rates)
$5,000
Apply for a Dollar International Bonus Saver

^Bonus of 0.85% on balances over $5,000.

Important Information

  • Minimum deposit: £5,000/€5,000/US$5,000. Maximum deposit:
    £5,000,000/€5,000,000/US$5,000,000.
  • Make new deposits into your account at any time.
  • 24/7 instant access to your money with Internet Banking and PhoneBank.
  • Interest is paid monthly.
  • After 12 months the interest rate will automatically reduce

* GROSS RATE – The contractual rate of interest payable before deduction of income tax at the rate specified by law.

** AER RATE – AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.

Channel Island and Isle of Man residents please see our Islands IBSA page.

Telephone calls may be recorded and monitored

Messages sent by email may not be secure and may be intercepted by third parties. For these reasons, please do not use email to send us communications which contain confidential information as we require these communications to be in writing. Please also do not use email for correspondence that needs our immediate attention – please contact your relationship manager directly. If you disregard this warning and choose to send us confidential information, you agree that you do so at your own risk and that you will not hold the Bank responsible for any loss that you suffer as a result.

You're eligible if:

  • You are aged 18 or over.
  • You can deposit a minimum of £5,000/€5,000/$5,000 (as applicable) in each account you open

Please note that our International Bonus Saver Account is not available to Channel Island or Isle of Man residents. See savings accounts for Channel Islands and Isle of Man residents.

Apply for the International Bonus Saver

Sterling Bonus Saver Account

Current interest rates

Sterling 12 months bonus – accounts opened from 1st April 2013 ***

Account balance Gross interest rate *
(% monthly)
AER **
  With bonus Without bonus With bonus Without bonus
£1+ 0.60 0.10 0.60 0.10
£5,000+ 1.00 0.50 1.00 0.50
Apply for a Sterling International Bonus Saver

*** Accounts opened from 01/04/13 will receive an interest rate bonus of 0.50% for the first 12 months.

Euro Bonus Saver Account

Current interest rates

Euro 12 months bonus – accounts opened from 1st March 2013 #

Account balance Gross interest rate *
(% monthly)
AER **
  With bonus Without bonus With bonus Without bonus
€1+ 0.50 0.10 0.50 0.10
€5,000+ 0.50 0.10 0.50 0.10
Apply for a Sterling International Bonus Saver

# Accounts opened from 01/03/13 will receive an interest rate bonus of 0.40% for the first 12 months.

US Dollar Bonus Saver Account

Current interest rates

US Dollar 12 months bonus – accounts opened from 1st March 2013 ^

Account balance Gross interest rate *
(% monthly)
AER **
  With bonus Without bonus With bonus Without bonus
$1+ 0.50 0.10 0.50 0.10
$5,000+ 0.95 0.10 0.95 0.10
Apply for an International Bonus Saver

^ Accounts opened from 01/03/13 will receive an interest rate bonus of 0.85% for the first 12 months on balances over $5,000.

Find out more about previous interest rates.

* GROSS RATE – The contractual rate of interest payable before deduction of income tax at the rate specified by law.

** AER RATE – AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.

Sending funds*

International moneymover service* Through Currency Internet Banking Free
Through Offshore PhoneBank, in branch, or in writing Free
Through Standing Order Free
To your other accounts held with Lloyds Banking Group Free
* Recipient and Corresponding Banks abroad may charge a fee for receiving payments.
International drafts £15 (plus registration fee if posted)
Electronic Funds Transfer
(CHAPS payments within the British Isles)
£20 + £5 for confirmation to recipient
Minimum payment £1,000
Cash withdrawals and deposits into the US Dollar Account and/or Euro Account 2% on the Sterling equivalent of each currency, minimum £3 per currency and £10 administration fee
These accounts are not designed to be used for receipt of notes or coins. If you need this service, please contact your International Banking Team.
Recalling a payment £20 per payment
We cannot guarantee the cancellation as funds may already have been paid to the beneficiary
You could receive less than the original amount of the payment, due to adverse exchange rate movements

Receiving funds

Electronic bank transfer from another financial institution Any amount Free
Cheque Collections Cheques up to £100 £5
Cheques of £100 and above 25p per £100
(min £15, max £80 per cheque)
Cheque negotiation to Sterling account* Cheques up to £100 £5
Cheques of £100 and above 25p per £100
(min £8, max £80 per cheque)
Cheques in a foreign currency drawn in a different country (not UK)
e.g. US Dollars drawn in France
As above, but minimum £10 per cheque.
Cheque negotiation to currency account* Cheques in the same currency as the account £2 per cheque
Cheques requiring currency conversion £4 per cheque

* The correspondent bank may also levy a charge based on the value of the cheque.

Apply for an International Bonus Saver

Other standard services

Supplying copies of previous bank statements £5 per request
An administration charge may be made for excessive requests.

Why should I bank with Lloyds TSB International?

Lloyds TSB International gives you the security of a brand you can trust whilst offering products for customers with international needs.

We have offices and dedicated staff located around the world to serve you.

With our help, you can have peace of mind whilst you move or live abroad without your finances having to move with you.

Who can benefit from putting money offshore?

You can benefit from putting your money into an international account if:

  • you are a frequent international mover or traveller
  • you are moving or working abroad
  • you are living abroad
  • you want to invest abroad (property, etc.)
  • you want to retire abroad
  • you have family members needing financial support in different countries e.g. your children are studying in the UK but you are working abroad.

Why choose an international savings account?

You will benefit from an international savings account if:

  • you want to save in a currency other than sterling.
  • you have moved or are planning on moving abroad, and want an accessible savings account.*

I'm living abroad and would like to discuss some of the Lloyds TSB International products. Who should I contact?

  • If you are in the UK, call 0800 055 6358
  • If you are living elsewhere, call +44 (0) 1624 641 825

What currencies is the International Bonus Saver Account available in?

You can save in US Dollars, Sterling and/or Euros.

Is there a penalty notice period for withdrawing money?

No, you can withdraw your money from an International Bonus Saver Account at any time. without penalty from an International Bonus Saver Account.

What is the maximum deposit allowance?

You can deposit up to £/€/$ 5 million.

Can I open more than one International Bonus Saver Account?

You can open more than one single or joint International Bonus Saver Account for each currency. However, the maximum deposit per currency is £5,000,000/€5,000,000/US$5,000,000 across accounts.

Is the interest rate variable or fixed?

The interest rate is variable and depends on the balance you hold: it is tiered. For more information on interest rates, see International Bonus Saver Account interest rates.

What is a tiered interest rate?

When the interest rate is tiered, the more you deposit, the more interest you earn up to the maximum deposit allowance.

What interest rate do I get once the bonus runs out?

For detailed interest rates, see our International Bonus Saver Account Interest rates.

How long do I get the interest rate bonus for?

The interest rate bonus applies for the first 12 months from opening the account

How can I access my money with an International Bonus Saver Account?

You can request a transfer to another bank account by telephone or online.

How can I pay money in an International Bonus Saver Account?

We will provide you with a sort code and account number (IBAN and BIC for transfers from banks outside the UK) to enable you to deposit money.

You can also pay in cheques but our standard charges will apply.

How can I get help with my online application?

For instructions on applying for an international account, see How to apply.

You can call us for help at any point of the application process.

From the UK, call 0800 055 6358.
Outside the UK, call +44 (0) 1624 641 825.

Can I track the progress of my application?

Yes you can:

Call +44 (0) 1624 641 825
E-mail internationalacctopening@lloydstsb-offshore.com.

What supporting documents will I need for my application?

You will need:

  • a certified copy of your passport or ID card (for each account holder for a joint account).
  • an original or certified copy of proof of address documentation dated within the last 3 months (for each account holder for a joint account).
  • confirmation of source of funds and supporting documentation.

Find out more about how to certify documents and what documents are relevant, in the Appendix of the following PDF.

What happens after my online application?

Once you have submitted your application, we will e-mail you a confirmation.

We will review your application within 2 working days and e-mail you a list of supporting documents we need in order to open your account.

Once we've received your supporting documents, we will open your account, and send you a welcome letter within 5 working days.

If we need any more information before opening your account, we'll contact by phone or email.

* Please note that our International Bonus Saver Account is not available to Channel Island or Isle of Man residents.

Apply for an International Bonus Saver

Rocket Fuel

Need help?

From the UK, call
0800 055 6358

Outside the UK, call
+44 (0) 1624 641 825

Lines open Mon-Fri 8am-6pm and Saturday 9.30am-1.30pm UK time

Which product is right for me?

Awards

Best internet bank award 2011