Lloyds TSB Offshore has introduced a new bank account aimed at UK expatriates called the Overseas Company Club.
The new account is designed to accommodate individuals who arrange their finances within a business or company that has an offshore presence. The service provided includes advisory visits from globetrotting Lloyds TSB managers.
The benefits of the account include a tax free interest-bearing chequeing account where interest is calculated daily and distributed monthly. Other advantages include discounts on leisure travel, language courses, ex-pat membership clubs and Royal Overseas League Membership. Whilst there are no operating costs associated with the account, there is a £9.50 monthly subscription.
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