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OFFSHORE CURRENT ACCOUNT WITH HSBC BANK INTERNATIONAL REVIEW
Offshore Current Account with HSBC Bank International - Current Account
(Which Way to Pay - 24/2/2010)
The HSBC Bank International Offshore Current Account offers to manage your money wherever you are with a flexible current account for day to day banking. There is no account opening fee for the Offshore Current Account; however, a minimum relationship balance of 25,000 (or currency equivalent) must be maintained to prevent a 20 monthly service charge from being applied to your account.
The main emphasis of the Offshore Current Account is the flexibility and accessibility. HSBC Bank International provides you with a choice of currencies, including sterling, euro and US Dollars, and 24 hour internet and phone banking. Whatever time zone you are in, you are able to manage your day to day finances (such as direct debits and standing orders) via the internet. You also have 24 hour access to the call centres, so you are able to speak to a real person about your finances whenever you need to.
You could benefit from this Offshore Account if you are planning to move or retire abroad or indeed already living in another country. It is however, imperative to understand your own tax situation and seek independent advice when investing abroad, as your tax saving situation will depend on your personal circumstances.
HSBC Offshore is ranked 3 out of 5. Based on 1 review.

3 Star Rating        
            
REVIEW RATINGS EXPLAINED
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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