- Meets Growing Needs of Expats and Global Commuters -
STAMFORD, Conn., June 27 /PRNewswire/ -- Lloyds TSB Offshore Limited, a
subsidiary of Lloyds TSB Bank plc, announced today the opening of the first
British offshore bank representative office on the North East coast.
Located in Stamford, Connecticut, this office will provide international
and offshore personal banking services to an increasing number of
individuals who work, live or retire in the U.S.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070627/NYW033LOGO )
With the rise of intercontinental living and working, and almost a
fifth of the U.S. workforce comprised of legal foreign labor, an
ever-increasing number of people are faced with the challenges of managing
their finances on a global scale. The presence of the offshore bank
representative office will provide a seamless resource for banking
internationally by offering a range of financial products and services
including:
-- International Bank Accounts
-- Private Banking Services
-- Personal Loans and Credit Cards
-- International Mortgage Services
-- Savings Accounts
-- Investments
International accounts are offered in sterling, U.S. dollars or euro,
and are available with globally accepted debit cards and a sterling check
book to manage day to day finances while abroad. Additionally, the Lloyds
TSB Offshore banking support team can provide introductions to a tax expert
who can advise on international tax issues tailored to individual
requirements.
"As global commuting becomes the norm, there is a significant need for
financial institutions to meet the demands of individuals who require
borderless banking and investment services," says Chris Gardiner, Associate
Director of Lloyds TSB Offshore Limited. "We are excited to be able to meet
this challenge head on with our presence in the New York metropolitan
area."
The Stamford location will focus on serving the large ex-pat and
international community residing in the tri-state area, enabling immediate
financial access and readiness regardless of nationality.
About Lloyds TSB Offshore Limited
Lloyds TSB Offshore Limited is part of a leading UK-based financial
services group whose businesses provide a comprehensive range of banking
and financial services in the UK and overseas. Lloyds TSB Offshore
Limited's banking operations comprise offices in the Channel Islands, Isle
of Man, Hong Kong and representative offices in America, Europe, the Middle
East, Africa, and Asia. For more information on the products and service
available visit: http://www.lloydstsb-offshore.com/International.
Lloyds TSB Offshore Limited Registered Office: PO Box 160, 25 New
Street, St. Helier, Jersey JE4 8RG. Registered in Jersey, number 4029.
Regulated by the Jersey Financial Services Commission to carry on
deposit-taking business under the Banking Business (Jersey) Law 1991, and
investment and general insurance mediation business under the Financial
Services (Jersey) Law 1998.
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