Jersey Offshore Bank Account

jersey offshore bank account

The information below provides details about the Jersey banking system, and details on opening a Jersey offshore bank account. We also provide details on the laws and regulations that govern the banking system, as well as a list of local and international banks that are based in Jersey.

Jersey Banking System

Banking operations in Jersey are regulated and governed by the Banking Business Law and the Banking Business (General Provisions) Order both of 1991. The laws provide for the protection of Jersey’s economic interests and as a financial centre as well as the actual depositors. All operations are supervised by the Finance and Economics Committee of Jersey who is responsible for the consideration and issuing of banking licenses.

There are more then 55 banks operating in total in Jersey including branches and subsidiaries of British clearing banks and international banks, offering a full banking range of services. Advantages to banking on the Island include confidentiality, freedom of currency exchange, tax deferral, tax reduction and low commercial and political risk.

The principal banking services offered include, deposit accounts, foreign exchange, trusts, fund management, captive management and purchase & sale of securities.

Jersey’s global location, time zone political stability and high traditional standards of regulation and service are deciding factors for financial institutions wishing to set up operations.

Some of the financial institutions operating include:

  • Abbey National International Limited
  • ABN AMRO Bank N.V., Jersey Branch
  • Abu Dhabi Commercial Bank PJSC, Jersey Branch
  • AIB Bank (C I) Limited
  • Bank Leumi (Jersey) Limited
  • Bank of India, Jersey Branch
  • Bank of Scotland plc, Jersey Branch
  • Barclays Bank plc, Jersey Branch
  • Barclays Private Bank & Trust Limited
  • Barclays Private Clients International Limited, Jersey Branch
  • BNP Paribas S.A., Jersey Branch
  • BNP Paribas Securities Services S.C.A., Jersey Branch
  • Citibank (Channel Islands) Limited
  • Citibank N.A., Jersey Branch
  • Citicorp Banking Corporation, Jersey Branch
  • Deutsche Bank (Cayman) Limited
  • Deutsche Bank International Limited
  • EFG Private Bank (Channel Islands) Limited, Jersey Branch
  • Emirates NBD PJSC, Jersey Branch
  • Fairbairn Private Bank Limited
  • HSBC Bank International Limited
  • HSBC Bank Middle East Limited
  • HSBC Bank Plc, Jersey Branch
  • HSBC Private Bank (C.I.) Limited, Jersey Branch
  • Investec Bank (Channel Islands) Limited, Jersey Branch
  • JPMorgan Chase Bank N.A., Jersey Branch
  • Lloyds TSB Bank Plc, Jersey Branch
  • Lloyds TSB Offshore Limited
  • National Westminster Bank Plc
  • Royal Bank of Canada (Channel Islands) Limited, Jersey Branch
  • Santander UK plc, Jersey Branch
  • SG Hambros Bank (Channel Islands) Limited
  • Standard Bank Jersey Limited
  • Standard Chartered (Jersey) Limited
  • Standard Chartered Bank, Jersey Branch
  • State Street Bank and Trust Company, Jersey Branch
  • The Co-operative Bank Plc
  • The Royal Bank of Scotland International Limited
  • The Royal Bank of Scotland plc
  • UBS AG, Jersey Branch
  • Union Bancaire Privée, UBP SA, Jersey Branch

To learn more about the opening of a Jersey bank account or the banking system of your choice, Contact Us today.