Best Buy - Offshore Euro Savings Accounts

  - Compare offshore savings accounts that allow you to make deposits in Euros, and will pay you interest in that currency too.
Also look at:

Compare the Best Euro Offshore Accounts

Up to 3 products
side by side
AER Notice / Term Minimum Investment Search all 183 accounts

35 Day Notice
35 Day €25000 Details...  

Euro Bonus Access Account Issue 2
Includes a BonusSee Details
None €25000 Details...  

189 Day Notice
189 Day €100000 Details...  

International Saver 196
196 Day €25000 Details...  

Offshore Saver 96
96 Day €25000 Details...  

Investec Horizon
90 Day €50000 Details...  
Last Updated: Saturday 25 October 2014 00:21 Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to open an account today. Products shown with a yellow background are sponsored products.

All rates subject to change without notice. Please check all rates and terms before investing or borrowing.

What are offshore euro savings accounts? 

A euro savings account is simply an account that lets you pay in and earn interest in euros. These currency accounts are available from some UK banks and building societies, but are also available from offshore banks too.

Who might open an offshore euro savings account? 

  • EU nationals living and working in the UK or abroad
  • Those who own properties in Europe
  • Those working in the EU states and being paid in euros

The distinct advantage of having a savings account denominated in euros is that if it’s the currency your income is in; you don’t have to face foreign conversion charges, not to mention losing out if the exchange rate isn’t favourable.

Depositor protection schemes in crown dependencies

Funds kept offshore don't fall under the UK Financial Services Compensation Scheme, even if your bank is a subsidiary of a UK bank or building society. Depending on where the bank is licenced you might be protected by a scheme in that jurisdiction.

100% of the total of all qualifying deposits up to a maximum of €100,000 via the Gibraltar Deposit Guarantee Scheme.

First £50,000 per individual claimant per licensed institution via the Guernsey Banking Deposit Compensation Scheme.

Isle of Man

Depositors' compensation scheme (DCS) that compensates up to £50,000 of net deposits per individual depositor.

Depositor's Protection Scheme. Individual depositors are protected up to £50,000 per person per Jersey Banking Group.

Find out where an offshore bank is registered, and the relevant compensation scheme in our depositor protection scheme guide.

What next?


How to be savings savvy as an expat
How to be savings savvy as an expat

If you’ve decided to take the plunge and start a new life abroad, there’s one key thing you need to ... More

Expats suffering from low savings rates
Expats suffering from low savings rates

If you thought savings rates onshore were bad, spare a thought for expats living elsewhere – because... More

Co-op shuts doors to offshore savers
Co-op shuts doors to offshore savers

The Co-operative Bank has come under fire from just about every angle recently, and now it’s gone an... More

Warning for retirees quitting UK
Warning for retirees quitting UK

For many future retirees, the thought of spending their golden years in the sun is hard to ignore. B... More

Infographic: Are you losing money living abroad?
Infographic: Are you losing money living abroad?

Almost 2 million British pensioners live abroad and claim UK state pension. Research, published by H... More

Offshore Savings Guide
Offshore Savings Guide

Offshore savings accounts are savings accounts which are run from the Channel Islands or the Isle of... More

Competitive offshore saving with Permanent Bank
Competitive offshore saving with Permanent Bank

Permanent Bank International has launched a new issue of its popular 15 month offshore bond, which e... More

Skipton Int.’s competitive offshore accounts
Skipton Int.’s competitive offshore accounts

Skipton International has increased rates on its range of offshore savings accounts.... More

Nationwide Int’s top Dollar account
Nationwide Int’s top Dollar account

Nationwide International has amended rates on its variable rate US Dollar Bonus Access Account with ... More

Competitive savings with Kleinwort
Competitive savings with Kleinwort

Kleinwort Benson (CI) Ltd has reviewed rates across its range of variable rate offshore accounts.... More

Offshore savings with Skipton
Offshore savings with Skipton

Skipton International Ltd has launched two highly competitive offshore notice savings accounts. ... More