New York-based Citibank is expanding its London and Jersey-based international banking and investment services for UK expatriates and offshore investors, with a new advisory service to help customers manage their tax, and inheritance and estate planning.
Citibank International Personal Bank, which has 170,000 clients globally, is targeting offshore investors who are attracted to the stability of the London savings and investment market, as well as UK expatriates and non-domiciled UK residents wanting to manage their tax planning though Jersey.
According to Citibank International Personal Bank, its relationship managers will arrange a free, no obligation, tax, estate and inheritance planning health check with a third-party tax specialist, for new clients and existing clients with new to bank balances.
This service, which all clients are entitled to, is aimed at helping customers to assess their broader financial needs and to build and implement tailored portfolios.
From its offices in London and Jersey, Citibank International Personal Bank in EMEA (Europe, the Middle East and Africa), provides offshore clients with a personalized banking and investment service to help them manage and grow their investments.
Jean-Louis Guisset, head of Citibank International Personal Bank EMEA, said: International banking, estate, tax and inheritance planning can be a daunting task, which we can now help make easier by the availability of this new tax advisory service.