ISLE of Man-based Nationwide International has been named Overall Best Offshore Bank for Expats 2013 by Nexus Expatriate News. This is the first time that Nationwide International has won this accolade.
Each year, Nexus Expatriate News, a magazine for expatriate savers, examines the banking and savings accounts ‘best buy’ tables featured in its printed magazine and online at www.expatnetwork.co.uk
These tables are based on the best interest rates available on a range of different accounts using data sourced from Moneyfacts.
As well as winning Overall Best Offshore Bank for Expats, Nationwide International also won Best Offshore Bank for Expats - Sterling Instant Access Accounts (alongside Lloyds TSB International), Sterling Notice Accounts and US Dollar Accounts, and was commended in the Euro Accounts category.
Iain Yule, consultant finance editor, Nexus Expatriate News, said: ‘Nationwide International has performed exceptionally well this year, winning three of the account categories and also the overall award.’
Philip Dunne, managing director of Nationwide International said: ‘Nationwide International prides itself on offering some of the best rates for our savers across our whole range of accounts.
‘To be recognised across all five categories and to win four of them is testament to the hard work we put into ensuring that our rates are among the most competitive in the market. The Nexus awards are some of the most respected in the industry and these accolades really demonstrate the great rates we have been able to offer to new and existing customers throughout 2012 and how Nationwide remains ‘‘On Your Side.’’ ’