Channel Islands (Guernsey & Jersey)
The Channel Islands, with their centres of
Jersey and Guernsey,
have a special constitutional relationship with the United Kingdom,
which gives them a high degree of autonomy. This status enables the
Channel Islands to be almost entirely self-governing on the domestic
level, legislating on all internal affairs, including taxation. There
are no inheritance, capital gains, wealth or value-added taxes in the
Channel Islands. Interest on bank accounts is paid gross. The Channel
Islands have a stable political and social economic climate which,
coupled with their semi-autonomous legislative systems, make them one of
the most attractive finance centres for international clients.
Abbey National Offshore
Abbey
National Offshore is one of the largest and
most successful offshore banking groups - and customers enjoy the added
security of knowing that their deposits with us are fully and
unconditionally guaranteed by Abbey National PLC.
Allied Irish Offshore
Allied Irish Offshore competitive rates across a range of options
combine to help you see a better return on your money. Allied Irish Offshore is a registered
business name of AIB Bank (CI) Limited in Jersey and of AIB Bank (Isle
of Man) Limited in the Isle of Man.
Ansbacher Channel Islands Ltd
In the 1980s the Ansbacher Group's offshore banking and trust activities
were enhanced by the acquisition of interests in the Cayman Islands, the
Bahamas and the British Virgin Islands. In the 1990's Ansbacher's reach
was further expanded into the Channel Islands and Europe.
Bank Leumi (Jersey) Limited
Leumi's financial expertise, based on
nearly 100 years of solid experience, has established our bank as
Israel's leading financial group and one of the largest banks in the
world. That same financial expertise is made easily accessible, wherever
you are, via our international network of close to 300 branches,
subsidiaries and offices, 40 of which are located overseas.
Barclays International
Barclays Bank PLC offers a broad range of banking,
savings and investment services for personal and company clients.
Barclays serves both Island residents and non-residents through the
dedicated onshore and offshore banking units.
Coutts Offshore Private Bank
The Coutts Group is the international private banking arm of The
Royal Bank of Scotland Group, and manages assets of more than £34
billion for some 75,000 clients worldwide.
Deutsche Bank Offshore
Offers a full range of services from several centres worldwide, each
with their own specialities and strengths.
Dresdner Private Banking
Banking in the Channel Islands is represented by Kleinwort Benson, a 200
year old London Merchant Bank, which became a member of the Dresdner
Bank Group in 1995.
EFG Private Bank (Channel Islands) Limited
The Bank was established in 1992 to provide a full range of quality
Banking and trust services, including trust and company administration,
sterling and currency deposits, foreign exchange, client payments,
credit facilities, debit / credit cards, etc.
Gerrard Private Bank
Gerrard Private Bank operates a comprehensive offshore banking operation
on behalf of a wide range of clients. These include private individuals,
small and large companies, governments and institutional investors.
Hill Samuel & Co. Limited
Hill Samuel & Co. Limited was formed in 1965 through the merger
of M. Samuel & Co. and Philip Hill, Higginson, Erlangers Limited. In
1987, Hill Samuel merged with the TSB Group Plc., one of the United
Kingdom's largest retail banks. When TSB and Lloyds Bank Plc. merged in
1995 it brought together a wealth of varied financial services and
exceptionally experienced banking managers
HSBC
in the Channel Islands
HSBC is one of the worlds largest retail and institutional banking and
financial services companies. Has customers in over 200 countries
worldwide, (with online customers in over 170 countries).
Lloyds TSB offshore
We offer a wide range of accounts and
other banking services. We have tailored these to cater for your needs
according to where you live, as your financial requirements will vary
depending on your circumstances.
Personal, business and Private banking facilities with full on-line
services
Portman Channel Islands Limited
Portman Channel Islands is a wholly owned subsidiary of
Portman Building Society. A specialist provider of mortgages and
savings, Portman is the fourth largest building society in the UK with
group assets exceeding £10 billion and over 150 years of experience.
Royal
Bank of Canada (Channel Islands) Ltd.
Royal Bank of Canada was formed in 1869 by a group
of Halifax merchants who needed a bank to facilitate their growing
trade. From that humble origin, Royal Bank of Canada has grown to become
the premiere bank and largest financial institution in Canada, among the
top ten in North America and now ranks among the world’s leading banks.
Royal
Bank of Scotland
The Royal Bank of Scotland is part of the RBS
group, and one of the largest offshore banks.
Schroders (C.I.) Limited
Schroders is a registered bank, established in both Jersey and Guernsey.
Part of the Schroders asset management and private banking group, which
has headquarters in the UK, and has professionals operating in offices
worldwide. Schroders is
a global asset management company with $161.70 billion under management
as at 31st October 2003.
Standard Bank
Offshore
Standard Bank Offshore is a wholly owned subsidiary of the
Standard Bank Group. Established in 1862, the group has gone from
strength to strength in the global arena and has become a recognised and
respected player of increasing significance. A group presence in over 30
countries provides access to an exciting international network of
financial services.
Standard Bank Offshore comprises a number of companies located in the
offshore jurisdictions of Jersey, the Isle of Man and Mauritius
Jersey is a popular
tourist location for visitors from the United Kingdom and the continent
alike, and is the largest of the Channel Islands, only 14 miles from the
coast of France.
Jersey has enjoyed over 900 years of continuous independence and is
recognised as one of the most politically stable jurisdictions in the
world. As a Crown Dependency, Jersey enjoys a high degree of autonomy,
including the freedom to manage its domestic affairs, whilst the British
government is responsible for defence and foreign policy. It is not an
EU member, but is a member of the Organisation for Economic Co-operation
and Development.
For non-residents there is no liability for income tax on deposit
interest. Similarly there is no capital gains, inheritance or wealth tax
in Jersey.
Good communications, the highest standards of financial regulation and a
close proximity to the City of London have ensured that the Island has
become a thriving centre for finance and investment.
Guernsey
is the second largest Channel Island after Jersey. It also enjoys a high
degree of respectability in the world's financial circles, and its
financial system is governed by the
Guernsey Financial Services Commission.
There are no political parties and the constitution dates back to 1205.
It boasts one of the largest reinsurance markets in the world. The
commercial law is constantly reviewed and updated.
Guernsey has 72 licensed banks
with total deposits of ｣43 billion. More than 1/2 of this total is in
non-sterling currencies. Guernsey also celebrated the licensing of its
300th captive insurance company in 1994.
