Offshore banking is the new trend in the banking industry. Many banks are starting to create an offshore division to serve expatriates wherever they are in the world. Aside from HSBC, Credit Suisse, Barclays, Nationwide International and UBS, here are some of the other offshore banks that have successfully established a good reputation.

Citibank: Founded in 1892, Citibank is a leading international bank and is the corporate and consumer banking arm of Citigroup, a financial services giant and one of the world’s largest companies. Today, Citibank is in the planning and developing stages for creating a much more sophisticated series of banking services targeted at international investors and British expatriates. The offshore division of the bank is about to become more appealing with the addition of taxation planning facilities that will be able to offer customers additional assistance. Find out more about it by logging on to www.citibank.com.

Wachovia: Another major player in offshore banking is Wachovia. Millions of customers have hooked into Wachovia’s online banking services. In fact, Wachovia online banking was listed by Keynote System as the top offshore bank in terms of customer satisfaction. What sets Wachovia apart from its competition is that its programs and services are very easy to understand. It shows on its website; it is easy to navigate, is uncluttered, neatly categorized and user-friendly. Questions are also welcome and quickly responded to. There is also a site map, search area and a glossary of terms, enabling customers to understand each detail fully. See for yourself. Visit www.wachovia.com.

RBS Coutts: One of the biggest banking groups in the world, the Royal Bank of Scotland can trace its history back to 1727. Today, it is recognized throughout the world for its performance and innovation. It is now a leading financial institution offering numerous resulting benefits to its private clients. This bank specializes in offshore private banking services. Like all the other offshore private banks, RBS Coutts handles every financial affair of its clients. In fact, each client is given its own private banker, who is trained by the bank in international perspective to deal with fiscal matters and management. With branches in Hong Kong, Singapore, Japan, Spain, Switzerland, the Middle East and many others, RBS Coutts has a strong presence in the international scene. To know more about RBS, visit their official website: www.rbscoutts.com.

Apart from these three, there are many other existing offshore banks offering banking and financial services to customers all over the planet. We will surely see many others rise in the future as this industry is rapidly booming and changing the landscape of banking.