List of licensed banks currently tradingin Gibraltar.

Last activity 26 October 2013 by Zubblers

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adasjankActive member24 October 2013 23:10:48

Hi there,

The following is a list of licensed banks currently trading in Gibraltar, looks like there's lots to choose from...

Bank Jacob Safra (Gibraltar)
Barclays Bank PLC; The Anglo-Egyptian Bank (later Barclays) opened a branch in Gibraltar in 1888.
Barclays Wealth
Credit Suisse (Gibraltar) Limited
EFG Bank (Gibraltar)
Gibraltar Savings Bank
Jyske Bank (Gibraltar) Limited
IDT Financial Services Limited
Leeds Building Society
Lloyds TSB International
Lombard Odier Darier Hentsch Private Bank Limited
NatWest Offshore Limited
Newcastle Building Society
Norwich & Peterborough Building Society
SG Hambros Bank (Gibraltar) Limited
Turicum Private Bank Limited

Could anyone tell me which bank is the best, which account to choose???

Kind Regards,
adasjank

GrumpyOldBlokeSerial expat25 October 2013 04:22:29

344

If you are looking for a normal High Street bank offering savings and current accounts then you are limited to:-

Natwest / RBS
Norwich & Peterbourough a building society
Jyske Bank very expensive charges
Barclays, closing next year.

I'm not sure what services Newcastle offer.

Grumpy

adasjankActive member25 October 2013 12:28:21

Dear Sir,

Thank you for your quick response.

We use NatWest at the moment and we happy with them.

Do I need to open new account with them in GIB or keep my current one in the UK??? any advice please???

Kind Regards,
adasjank

GrumpyOldBlokeSerial expat25 October 2013 14:03:33

344

Hi

You will need to open a Gib Account

UK cheques take forever to clear and are not widely accepted

UK credit / debit cards are not a problem

Regards

Grumpy

adasjankActive member25 October 2013 20:27:36

Dear Sir,

Thank you for your quick reply.

Kind Regards,
adasjank

ZubblersMember26 October 2013 08:41:26

I've been informed that Nat West will now only open an account for you if you are RESIDENT in Gibraltar.

I live in Spain and work in Gibraltar and was told by my employer that I'd be able to open an account there but it seems I just missed the boat. As far as I know Nat West was the only bank left offering accounts to non residents working in Gib.

Still, if you are living in Gib you shouldn't have a problem.

If I am mistaken on this please feel free to point me in the right direction!

Thanks!