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ALIL's range of accounts included instant access, notice, monthly interest and fixed rate bonds in pound sterling, US dollars and euros. In May 2010, Alliance & Leicester merged into Santander UK, which was formed by the combination of Santander's existing subsidiary Abbey, with the savings business of Bradford & Bingley. The business of ...
It provided a range of offshore savings accounts denominated in euro, pound sterling and US dollar. Nationwide International's assets were in excess of £2.76 billion as at 31 March 2008, increasing to £3.69 billion by 31 March 2009, making it one of the largest deposit takers in the Isle of Man.
RL360 Insurance Company Limited (RL360°) is an international offshore savings, protection and investment provider, headquartered in the Isle of Man serving clients in Asia, Africa, the Middle East, Europe, the UK and Latin America. It is part of the International Financial Group Limited ("IFGL").
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The branch, based in Douglas, provided a range of offshore savings accounts in euro, pound sterling and US dollars. It held assets in excess of £2.76 billion as at 31 March 2008, increasing to £3.69 billion by 31 March 2009, making it one of the largest deposit takers in the Isle of Man. Nationwide confirmed it would close on 30 June 2017. [19]
An offshore bank is a bank that is operated and regulated under international banking license (often called offshore license), which usually prohibits the bank from establishing any business activities in the jurisdiction of establishment. Due to less regulation and transparency, accounts with offshore banks were often used to hide undeclared ...