Alliance & Leicester: Expats use online banking

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Alliance & Leicester: Expats use online banking

Expatriates are increasingly using the internet to take care of their banking needs, according to Alliance & Leicester.

A total of 92 per cent of expats manage their finances with online banking, a study by the bank reveals.

Some of the features of internet banking that were most appreciated by expats included the ability to gain access to their funds at any time and from any location, as well as better rates offered online.

Simon Hull, managing director of Alliance & Leicester International, commented: "With internet access now so readily available, offshore consumers should take advantage of internet banking and saving."

He added that the bank's web services offer "an up-to-date snapshot" of finances and are rapidly expanding to offer more online facilities than ever.

Alliance & Leicester International recently announced that anyone who applies for its eSaver Offshore savings account before January 31st will be automatically entered into a prize draw to win flight vouchers.
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