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Halifax International Regular Saver Account

Halifax International Official Website: Halifax International

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Halifax International Regular Saver Account is an offshore account which may be useful to anyone living abroad, and who wants to Save between £100 and £2,000 every month for 12 months. Offering competitive interest rates against similar accounts, such as those from Abbey International, for example, one particular benefit of offshore accounts, such as this one, is that interest is paid without tax being deducted - although, of course, you will still need to declare this interest in whichever country you're resident in. Additionally, when you sign-up, the interest rate is fixed for the year. Online Application

While this particular account is only available in sterling (i.e. British pounds) Halifax International does also operate accounts in other currencies too, including the US Dollar Web Saver Account and Euro Variable Rate Web Saver Account; so, if you are looking for offshore accounts in alternative currencies, then those may be ideal, and also offer a number of other benefits, together with a reasonable interest rate.

Here are some of the benefits and features of the Halifax International Regular Saver Account:
  • Open the account, and make your first payment, to get a very competitive rate of interest, fixed for the first year.
  • Saving between £100 and £2,000 per month by standing order, you can watch your savings make some healthy growth.
  • Multiple accounts can be used to fund your account, so if you wish, you can have multiple standing orders each month, just so long as the total deposits don't exceed £2,000 per month.

Additionally, it also means:
  • Halifax International also give you confidence that your money will continue to earn a respectable rate. After twelve months, your Regular Saver Account - together with interest - are transferred into a Sterling Variable Rate Web Saver account (which is opened simultaneously with your Halifax International Regular Saver).
  • With secure online banking your bank account is available at all times, no matter where you happen to be. Customers also have the benefits of the Halifax International online fraud guarantee; and so, in the event of fraud, you don't stand to lose even a penny.
  • Halifax International also has a team of expat banking specialists in Jersey, available to provide assistance to you with your account.
  • No withdrawals allowed from your Regular Saver Account, but if you do happen to need emergency access to your money, you can always close your Regular Saver Account early.

People often have different reasons for wanting to utilise offshore banking or saving offshore, but the main benefits of offshore savings/banking are that in some circumstances customers will not be UK tax-payers, and so such an account provides better opportunity for their savings to grow. Another reason is the ability to save in different currencies, or to easily transfer funds in different currencies, which, especially for those living in other countries, can be extremely useful, and can often save on currency handling charges.

Interest rates for all of the Halifax International accounts is available on the Halifax International website, and so you should check this prior to completing your application; however, typically the actual rate you are offered is not final until Halifax are in receipt of your deposit.

The online application for the Halifax International Regular Saver Account is simple enough to navigate, and takes very little time to complete; alternatively you can also open the account by telephone if you wish to.

Information on all Halifax International Products at

Halifax International Fixed Rate Web Saver Account
Halifax International Regular Saver Account
Halifax International Sterling Variable Rate Web Saver Account

Halifax International

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