Today, The Royal Bank of Scotland International (RBS International) announced the expansion of its offshore presence with a new representative office in Dubai. Part of The Royal Bank of Scotland Group, one of the world’s largest banks, the Dubai rep office will offer via its International Personal Banking team offshore services that are specifically designed for expats and international customers.
Julian Gouge, Head of Middle East and Asia International Personal Banking, commented on the launch. “We are delighted to be here. Many RBS customers move to the region and still want the services we offer in the UK/Europe without having to switch banks. Hence, our expansion into the UAE will ensure greater continuity of service for many new and existing customers as we build the UAE as a regional hub.
“RBS International looks after customers who require offshore banking from a bank that is part of the UK clearing system.” Julian says "We can provide help on a wide range of short and long term savings opportunities, as well as advice on investment and treasury products. These are the type of products and services that so many people acquiring wealth need. We can assist with UK and overseas property purchases in places like Spain, as well as the essential and secure requirements such as Internet banking, allowing online currency payments."
As well as providing offshore banking needs RBS International also provides products and services to companies who relocate staff. RBS International has many years of experience in helping HR Directors who are relocating staff and will now be able to help these firms in the UAE.
As a representative office in the UAE, all products will be offered out of Jersey, complete with all the benefits such a location provides; some of the services and products offered to its customers will include:
• Large range of fixtures and deposits
• Multicurrency accounts
• Extensive range of investment and treasury products
• Extensive mortgage suite including UK buy-to-let or buy-to-live and currency mortgages
• International mortgages for Spain
• All the normal functionality UK based customers are accustomed to
• Internet banking allowing customers to make online currency payments
With its headquarters in Jersey and launched in 1996, The Royal Bank of Scotland International is one of the world's leading and largest offshore banks. Along with Jersey and now Dubai it has a presence in Guernsey, Isle of Man, Gibraltar, Singapore, Hong Kong and South Africa. RBS International also provides core and specialist banking services for commercial, corporate, high net worth expatriate, financial intermediary and local customers. RBS International strives to deliver innovative solutions and provide customer service which is second to none to its customers throughout the world.
© 2008 Al Bawaba (www.albawaba.com)
