Banking

The island has an established banking sector, populated by large British and International Banks, including Barclays, HSBC, Standard Bank and RBS. As a popular offshore centre and financial services hub, business banking services in the Isle of Man are well developed.

Although the official currency is pound sterling, accounts in multi-currency are common, including Euro and US Dollar. There is also tax payable on income due to the 0% rate of corporate income tax in the jurisdiction. We will help you open and maintain facilities tailored to specific needs.