As Lloyds Bank International is based in the Isle of Man, you benefit from a 0% capital gains tax rate on any interest from the account. Because we have an existing relationship with the bank, fixed deposits can be set up around 90% faster than trying to set up a bank account from overseas, with electronic signatures in place for the application and supporting documents.
Lloyds Bank International is part of the Lloyds Banking Group, one of the largest banking groups in Europe. Lloyds Bank was founded in 1765, but the wider Group’s heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695.
Lloyds Bank’s overseas expansion began in 1911, and the Lloyds Bank International name, historically a major international commercial bank, is now used for the group’s offshore banking interests.
Lloyds Bank International enjoys an ‘A’ credit rating from Standard & Poor’s, ‘A1’ from Moody’s and ‘A+’ from Fitch.
If you would like to learn more about Lloyds Bank International fixed term deposit accounts and speak to one of our specialist advisors, please contact us at enquiries@quintessenitalamg.com or complete an enquiry form.
