Nationwide International

Nationwide International
Industry Offshore finance
Founded 1990
Headquarters Douglas, Isle of Man
Key people
Philip Dunne, Managing Director
Products Offshore savings accounts
Number of employees
70 (approx.)
Website www.nationwideinternational.com

Nationwide International is a branch of Nationwide Building Society, based in Douglas on the Isle of Man and licensed in the Isle of Man by the Isle of Man Financial Services Authority.[1] Providers of a range of offshore savings accounts denominated in euro, pound sterling and US dollar, the accounts are designed with British expatriates and foreign nationals resident in the UK in mind but are suitable for a variety of purposes.

Nationwide International's assets were in excess of £2.76 billion as at 31 March 2008, increasing to £3.69 billion by 31 March 2009, making it one of the largest deposit takers in the Isle of Man.

Nationwide International confirmed in a statement issued on 22 September 2016 that it would be closing in the Summer of 2017 and on 13 February 2017 confirmed all accounts would be closed by 30 June 2017. [2] Local media sources confirm up to 70 jobs will be lost as a consequence of the closure.[3]

Products

Sterling:

Euro:

US Dollar:

References

  1. http://www.iomfsa.im/licenceholders/SearchLicenceHolders.aspx?type=Current&id=1&se&type=Current&id=1&se
  2. http://www.nationwideinternational.com/home_files/news.htm
  3. http://www.energyfm.net/cms/news_story_448897.html
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