UK non-resident bank account
International bank accounts for UK non-residents, with Barclays Wealth
As a UK non-resident, you may not be subject to UK taxes on overseas assets, so international bank accounts have an obvious attraction.
At Barclays Wealth International, we can provide a non-resident bank account that can serve your banking needs wherever you are in the world and that offers, subject to conditions, no deduction at source of tax on income.
If you open a bank account with us, we offer online services that mean you can move your money around from your computer, as well as by telephone and fax, face-to-face and by post.
Our International Bank Account provides that and more. It offers an array of services that can be used to implement your wealth plans. To enhance your planning opportunities, you can open an account with us in a range of offshore locations.
Backing this proposition is the fact that we are part of one of the world's largest banking organisations, with activities that span the globe.
Barclays Group has its origins in late 17th century London, but has grown to include major investment banking and fund management subsidiaries as well as the largest retail stockbroker and wealth management operations in the UK.
Apply now for a Barclays Wealth International bank account, and we’ll give you the option to open a 1 year fixed term deposit account, offering a competitive fixed rate of 3% AER/Gross* on GBP savings and a fixed 2.5% AER/Gross with EUR and USD deposits between £10,000 to £250,000 (or currency equivalent). Interest is paid upon maturity of the term deposit and no withdrawals are permitted. Apply for the New Client Term Deposit** today.
Or call us on +44 (0)141 352 3986†, or use our call back service.
International bank account
Available in sterling, euros or US dollars, our international bank account is ideal if you are on the move.
It provides instant access to your money and control over day-to-day spending wherever you are. You can set up and monitor your standing orders and direct debits online or by telephone.
Sterling accounts include a Barclays Connect debit card, while US dollar and euro accounts offer a Barclays Deferred debit card so you can use cash machines and buy from stores around the world. A cheque book is also available on request.
Money transfers can be sent and collected securely electronically, with a discount on the standard tariff for doing this online (for sums of up to £50,000 or local currency equivalent).
Banking services for non-residents
Our international bank account can be operated online, by phone or through a Relationship Manager.
As well as providing overdrafts, loans and mortgages, we have a range of short-, medium and long-term savings accounts as well as investment management services.
Relationship Managers can consult and advise on your wealth face-to-face, by email or telephone, taking all your personal circumstances into account and acting pro-actively according to your wishes.
This fee-free service is for those who have £50,000 (or currency equivalent) or more deposited with us or have an annual income of £100,000 or more to mandate in to a Barclays Wealth International account.
Non-resident tax planning
We also offer estate-planning services such as trust, wills and other instruments. The aim is to ensure that your assets are structured efficiently and securely both during and beyond your lifetime.
Although we do not provide individual tax advice, we can introduce you to our preferred tax-advice provider, leading international financial services firm, Ernst & Young, who can handle your tax concerns. They can help you determine your non-resident tax status and develop a strategy in relation to your bank accounts and investments.
Where to locate your international account
You can have your international account based in any of our banking locations.
Our UK branch is in Knightsbridge at the heart of London's West End. It offers a range of counter and personal services, and is within access reach of London's main airports such as Heathrow.
Accounts can be located in Gibraltar, the Isle of Man or Jersey. We are also present in Switzerland, Guernsey, Dubai, Malta, Cyprus, Kenya, Nigeria and South Africa.
To find out which account location is best for you, please call us now on +44 (0)141 352 3986†, or use our call back service.
You have sole responsibility for the management of your tax and legal affairs, including making any applicable filings and payments and complying with any applicable laws and regulations. We have not provided and will not provide you with tax or legal advice and recommend that you obtain your own independent tax and legal advice tailored to your individual circumstances.
† Lines are open 7am to 8pm weekdays and 8am to 5pm weekends and UK bank holidays, local time. Call charges may vary. Please check with your local telecoms provider. Calls may be recorded for training and security purposes.
The products and services described on this page are provided by the following companies, which are part of Barclays Wealth: Barclays Bank PLC in England and Wales, Barclays Private Clients International (Gibraltar) Limited in Gibraltar and Barclays Private Clients International Limited in the Isle of Man, Jersey and Guernsey. For further information on these companies and Barclays Wealth please read the Important Information.
Products and services on this site may not be available in certain jurisdictions. In particular, these products and services are not being offered in Japan or the United States or to US residents. For full details of exclusions and disclaimers please see the Important Information before proceeding. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.
*AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year. Gross is the rate of interest payable before tax is deducted. For example, if £100,000 is deposited in the New Client Term Deposit for the full 12 months at a rate of 3.00% AER, £3,000 in interest would be earned. Therefore the total return at the end of the 12 month term would be £103,000.
**Offer may be withdrawn at any time. Eligibility criteria apply.
