Scheduled maintenance: Please be advised, there will be a scheduled maintenance on 22 Nov 2024, between the hours of 09:00 PM GMT to 09:45 PM GMT, and you will be unable to do any debit card transactions during this period. We are sorry if this affects you. You may use the services once they are up.

Scheduled maintenance: Please be advised, there will be a scheduled maintenance on 23 Nov 2024, between the hours of 03:00 AM GMT to 04:00 AM GMT, and you will be unable to do any faster payment transfer to UK account during this period. We are sorry if this affects you. You may use the services once they are up.

Personal Savings Allowance( PSA)

We would like to inform that Income tax will no longer be deducted from the interest you earn on your savings account and these changes will take effect on 6th April, 2016.

We will also be updating our terms and conditions accordingly.

The Government is introducing a tax-free Personal Savings Allowance on the interest you earn on your savings and interest paying bank accounts.

The first £1,000 of savings interest that basic rate taxpayers earn (£500 for higher rate taxpayers) will be free from income tax
From 6 April, 2016 you will need to make arrangements to pay any tax you may owe directly to HM Revenue & Customs.
We will be providing you with an interest certificate at the end of the year,
There will be no tax deduction at the banks end

Please note: We are in the process of updating our Terms and Conditions to reflect the changes of the Personal Savings Allowance.

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Personal Savings Allowance( PSA)

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Personal Savings Allowance( PSA)