money
20 - 26 JAN 2012
25
Lloyds Bank International in Spain LLOYDS TSB Spain and Banco Halifax Hispania joined in 2010 to become Lloyds Bank International (LBI). Lloyds TSB have been in Spain for nearly a century and the both bank works with the expat community providing support and financial advice as well as full banking services. With 28 branches throughout Spain, seven of which are on the Costa Blanca and Costa Cálida, LBI understands the expat community and the problems and issues that it faces. And that is where LBI excels – LBI prides itself on its excellent customer service and comprehensive personal banking services.
SAVINGS EURO, STERLING AND US DOLLAR ACCOUNTS Lloyds offers deposit accounts in Sterling and Euros as well as US Dollars ranging from one month to one year. They also offer a sterling account especially for clients who want to hold funds in sterling over here in case they need to change them to Euros in a hurry. All monies can be transferred free of charge from Lloyds in the UK* - because you are transferring in Sterling there is no exchange rate loss and should you decide to transfer it back to the UK, you won’t have lost anything…. Now you can’t argue with that!
The La Zenia branch
BENEFITS If you want a competitive and comprehensive current account then the Premier Account is the one for you. This is a relatively new product for the expat community and is similar to its namesake in the UK. One big advantage of this account is that you can benefit from free international transfers* when sending money from your accounts in Lloyds TSB, Bank of Scotland or Halifax in the UK to your accounts with us in Spain, and because LBI has its own treasury here in Madrid, you will also get a very competitive rate of exchange when transferring Sterling to Euros. Furthermore, if you keep a minimum balance of 2,500€ in the account, you will benefit from no account fees**, which in today’s economic climate is very important. Premier Account holders also receive a free translation service for documents up to 600 words, inclusive global travel insurance for you and your family***, a free debit card, free
direct debits and access to more than 28,000 ServiRed ATMs to withdraw your cash from free of charge. OTHER SERVICES As well as current and fixed deposit accounts, LBI also offer a wide range of investment advisory and portfolio management services, mortgages and a full range of insurance products, including home, car, life, health, boat and accident. RTN will be highlighting more of LBI’s products over the coming months but if in the meantime, you would like some financial advice, go to the experts - go to Lloyds Bank International. For more information on products, services and branches call Shirley Adams on (0034) 620 308 804 or send an email to shirley.adams@ lloydsbankinternational.es. You can also visit their excellent website at www.lloysbankinternational.es
* This offer is only valid for individuals, and for transfers between accounts in the same name. Lloyds Bank International S.A.U. does not charge for these transfers. However, other parts of the Group may apply charges when issuing or receiving transfers. Lloyds Bank International S.A.U. reserves the right to withdraw this offer at any time. ** If your average balance is below that figure the monthly fee will be €20. *** Due to regulatory requirements, travel insurance is not available for UK and Canadian residents.