18 January 2018
visit http://response.ncr.com

Barclays launches global banking service

03 July 2002  |  4873 views  |  0 Barclays Branch External

Barclays Private Clients is to leverage the Visa ATM network and global public Internet to provide consumers in other countries with integrated banking and savings products in euro, dollar and sterling accounts.

Savings Solutions offers a high interest cheque account, a 60-day notice account for medium term savings and time deposits for longer term savings, all of which are available in euro, dollars or sterling.

Customers around the globe can manage their funds via telephone or online banking. Savings Solutions customers are also provided with a Visa debit card (a Barclays Connect card for sterling accounts and a euro or US dollar deferred debit card for euro or US dollar accounts). These can be used to withdraw money at 750,000 Visa cash machines and pay for goods in 24 million outlets around the world.

Online support is backed up by Barclays Private Clients' network of international branch offices for personal help and advice on a range of financial products if they choose.

Frances Brindle, marketing director for Barclays Private Clients International, says: "As the world becomes increasingly globalised, there is an increasing need for international banks like Barclays to provide a local service in countries around the world. The growth of the Internet and telephone banking, as well as the proliferation of cash machines, means that we can set up a virtual network any where in the world allowing customers access to a brand name they can trust."

To become a Savings Solutions customer a minimum of £5000 or currency equivalent is needed which can be invested across the range of accounts. The annual fee is £50 per year.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Barclays shuts down Internet B2B venture

Barclays shuts down Internet B2B venture

02 July 2002  |  6907 views  |  0 comments
Barclays Global Investors collaborates with Intraspect

Barclays Global Investors collaborates with Intraspect

13 May 2002  |  2762 views  |  0 comments
Researchsummary signs up Barclays Capital

Researchsummary signs up Barclays Capital

09 May 2002  |  2863 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.fivedegrees.nlvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
10665 views comments | 32 tweets | 36 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
10117 views comments | 17 tweets | 18 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9701 views comments | 14 tweets | 16 linkedin
KFC introduces Bitcoin BucketKFC introduces Bitcoin Bucket
9238 views comments | 17 tweets | 16 linkedin
FinTech Scotland appoints new CEOFinTech Scotland appoints new CEO
8198 views comments | 8 tweets | 6 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job