Trade has always been a means to integrate cultures and to satisfy desires for strange products not available locally. Discovery of precious metals and the desire for spices and other exotic agricultural products enticed the conquistadors from Spain and Portugal to discover new lands. These were the so-called Börsen, where specie, foreign exchange, and securities were traded in addition to goods and services. Several of these trading locations emerged into today's cities with stock exchanges now organizing the trade of years ago. In the Germany of the Middle Ages, traders met at crossroads out the area and exchanged goods. Polynesians traded with neighboring islands hundreds of miles away in the Pacific Ocean.

East Africans plied their trade with India using primitive boats. The Phoenicians carried on trade with faraway countries centuries before the age of Christ. International trade has been an accepted practice among the nations of the world for thousands of years. No matter what the bank is called, it is the key institution in granting trade credits to international traders. The international bank is the most instrumental institution in lending to exporters or importers or providing credits for transactions in international trade, whether that bank is a commercial bank in the United States, a merchant bank in Great Britain, or a universal bank in Germany. One of the major functions of any international bank is the financing of international trade. The banking system, and especially international banking, has been one of the focal points of my research. Interest is paid gross on the maturity of the deposit without deductionįull confirmation advice statements are sent with new contract detailsįor the past forty years, I have been a student of international financial institutions and markets. (We may need a higher amount for overnightĭeposits and will be happy to discuss your requirements) Rates are fixed until maturity to give a fixed rate of return onĪ fixed rate of interest for the whole term of the depositĬompetitive rates of interest, requiring a minimum deposit of £100,000 Made in sterling and all major foreign currencies. Overnight to one year, or longer, by arrangement. These are available for various periods from

Interest is calculated daily and credited monthly without deduction Tiered interest rates that reflect movements in the money marketsĪvailable in sterling, US dollars or euro It gives you competitive rates of interest,īut with the flexibility of instant access. This account is offered as an alternative

Lloyds offshore internet banking