69/03 19 May 2003
LLOYDS TSB LAUNCHES EXPATRIATE BUSINESS BANK ACCOUNT
Lloyds TSB Offshore has just launched its new Overseas Company Club – a business bank account to meet the needs of the growing expatriate community. This new service has been designed especially for those Britons living overseas who incorporate their financial affairs under the umbrella of a company or for businesses with offshore accounts.
David Oldfield, offshore banking director, Lloyds TSB, says, “We are delighted to be able to offer a bank account to those clients who need a business bank account offshore. Many of our offshore clients, for instance, who have moved overseas to work as contractors, are advised to set themselves up as a limited company. We can now offer clients the trusted expertise of Lloyds TSB for their personal banking and provide for all their financial requirements under one roof.”
A key element of the Club is the dedicated Overseas Company Club managers, who visit clients all over the world, offering financial guidance and support based on the specific circumstances faced by their clients.
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LLOYDS TSB LAUNCHES EXPATRIATE BUSINESS BANK ACCOUNTS …./2
Other benefits of the Overseas Company Club are:
· Premium interest cheque account where the tiered interest is calculated daily and paid monthly without the deduction of tax*
· No account operating charges apart from a monthly £9.50 subscription
· Company Payment Card
· Free Personal Financial Review
· Free Tax Guide
· Information on pensions and retirement planning
· Independent advice on medical insurance and life insurance
· Free access to a database of independent schools
· Discounts on: leisure travel worldwide, international removals, language courses, car storage, Expat Network membership and Royal Over-Seas League membership.
For more information visit www.lloydstsb-offshore.com/occ or telephone +44 (0) 1539 448019.
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For more information:
Rowena Denham/Stephen Finch
Lloyds TSB Press Office
Tel: 020 7356 2491/2401
Notes to Editors
* It is the responsibility of directors to discharge any liability to tax arising from the receipt of gross interest.