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:
- Bonus Access account
- Bonus 95
- Fixed Rate Bonds (6 month, 1 year, 3 year)
- Instant Access account
- Time Deposits
- Corporate Call account
Euro:
- Euro Savings account
- Euro Bonus Access account
US Dollar:
- US Dollar Savings account
- US Dollar Bonus Access
References
- ↑ http://www.iomfsa.im/licenceholders/SearchLicenceHolders.aspx?type=Current&id=1&se&type=Current&id=1&se
- ↑ http://www.nationwideinternational.com/home_files/news.htm
- ↑ http://www.energyfm.net/cms/news_story_448897.html