Alliance & Leicester International
Nowadays the expatriate community increasingly relies on the internet for information and communication, and there is a growing demand among expat consumers to access and manage their finances online.
It is impossible to ignore the impact of e-commerce on financial services. With this in mind, Alliance & Leicester International (ALIL) views the internet as an increasingly important part of its strategy.
Customers now routinely turn to the internet as the first port of call when researching and buying financial services products. To reflect this, ALIL recently unveiled a new-look website, making it easier to navigate and review product options, in order to offer a simple buying experience to today’s expatriate community, wherever they live.
ALIL has also launched a new instant access, internet savings account which will go some way to revolutionising the world of offshore banking. Historically, it could be argued, the offshore market has lagged behind onshore in its use of e-commerce, but ALIL’s new eSaver Offshore account provides end-to-end online capability enabling expatriate customers to both apply for and manage their savings on the internet.
With a market-leading rate of 6.15% (AER), eSaver Offshore is the first offshore savings account to offer an online application process without the need for a ‘wet ink’ signature. The typical application process for offshore savings accounts may take weeks, but eSaver Offshore allows customers to apply from wherever they live or work in the world and complete the application process with minimal inconvenience.
eSaver Offshore also eliminates the need for excessive paper work by utilising ALIL’s internet banking service to provide secure, online, 2-way communication. Deposits and withdrawals can be completed online for speed and security and an up to date transaction history can be viewed online, saving the need for paper statements.