Case Study - Andrew's story

Andrew's details:

Age: 27

Occupation: Lawyer with an international firm

Situation: Recently moved to his firm’s New York Office to work for 6 months. He still pays rent on a flat in London

How we helped Andrew

• Andrew set up an offshore account in US dollars before he left the UK – which meant one less thing to worry about when he arrived in New York.
• His salary is paid straight into this account and he uses his US dollar currency card for day to day expenses.
• “I work fairly long hours, so being able to manage my account online means I don’t have to worry about getting to the bank - and if I need to speak to someone I can ring the Direct Banking Centre, which is always open”.
• Andrew still has bills to pay back in the UK. He was able to set up the payments from his sterling offshore account over the phone.
• When he needs to, he can move money between his two accounts online at reduced rates.