Barclays opens new offshore branch
Barclays has launched its new offshore banking proposition at the Dubai International Financial Centre (DIFC) and regulated by the Dubai Financial Services Authority.
Commenting on the launch, Andrew Mortimer, managing director and UAE Country Manager, said: “We have further developed Barclays’ International Banking proposition to provide our clients with a holistic solution to their offshore financial needs.”
“This proposition further enhances our strong footprint in the region as we continue to build on Barclays’ core strengths in wealth and investment management as well as corporate and investment banking,” he added.
Under the enhanced proposition, a dedicated team in the UK will provide round the clock on-boarding support to clients. In addition, a team of relationship managers, investment advisors and property specialists will be based in the DIFC, and will offer clients reliable and innovative offshore banking solutions.
The new entity will offer customers access to multicurrency accounts that can be managed from anytime and anywhere in the world, investment advice, fee free international payments and preferential exchange rates.
In addition to daily offshore banking services, the proposition will also help affluent clients choose the right British University and purchase property in the UK while offering them multicurrency accounts that can be managed from anytime and anywhere in the world. -TradeArabia News Service
