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Latest News  

NEW Nationwide International is now closed

Published: 30th June 2017

All accounts at Nationwide International have now been closed. Those account balances for which closure instructions have not been received have been transferred to an Unclaimed Balances account. Those customers who have not reclaimed their savings are encouraged to contact Nationwide International at the earliest possible opportunity as interest is no longer paid on these balances.


Nationwide International closes on 30th June 2017

Published: 13th February 2017

It is now confirmed that Nationwide International will close on 30th June 2017. All customers have been written to and provided with the date by which their account(s) must be closed.

Branch counter services will continue to operate as normal until 4.30pm on Friday 3rd March 2017 when cash and other counter services will be withdrawn.

Customers needing more information can call us on +44 (0) 1624 696000 or send a secure message via our Internet Banking Service. Corporate customers should call +44 (0) 1624 696010.


Nationwide International is closing in the summer of 2017.

Published: 4th November 2016

This article contains information updated since 22nd September about the closure of accounts.

What our closure means to our customers

Customers are required to find a new savings provider and all Nationwide International accounts will need to be closed. We will be writing to all customers personally with important dates and information regarding the closure of accounts. Customers with more than one account will receive a separate letter for each one. Our customers can rest assured that their money remains in safe hands.

As finding a new savings provider may take time, customers are advised to look for a new home for their savings now. Customers may wish to talk to their financial adviser about this, if they have one.

Find out more

The Questions page has also been updated to explain how our closure will affect our customers.

Updated information about closing Nationwide International accounts

Customers can close their accounts immediately if they wish. We have removed any notice requirements on our accounts and Fixed Rate Bonds can be closed before the scheduled maturity date.

We’re here to help

Any customer needing more information can call us on +44 (0) 1624 696000. Corporate customers should call +44 (0) 1624 696010. Or a secure message can be sent via our Internet Banking service. Alternatively, customers with a Passbook Account can talk to us in the branch when they next come in.


Nationwide International to close

Published: 22nd September 2016

Further to the announcement on the 26th May 2016, Nationwide International can confirm it will be closing its doors in mid 2017 and, as a result is now no longer able to open new accounts.

The decision was taken following a thorough review by Nationwide of its operations and was based on a number of factors including; demand from customers, volumes of current business, ongoing running costs and the contribution of its Isle of Man branch to the wider Nationwide business.

What that means for customers

Existing customers can rest assured that their money remains in safe hands and 3 options are now available to them:

1. Wait

Existing accounts will continue to operate as normal. Customers will be written to personally when action needs to be taken.

2. Find out more

A Closure Questions and Answers page has been put together to help provide customers with more information about how the closure will affect them.

Customers will be written to personally regarding the closure. In the meantime, many questions are addressed on the Closure Questions and Answers page.


Nationwide International Interest Rates

With effect from 18th August 2016 all Sterling variable interest rates have decreased by a maximum of 0.25% in line with the UK Base Rate change on the 4th August 2016.

Further information on all our retail interest rates can be found here.

If you have any queries about this rate change, please call +44 (0)1624 696000

For further information on our corporate interest rates please call +44 (0)1624 696010


Nationwide International announces proposed closure

Published: 26th May 2016

Nationwide continually reviews all our operations to ensure they deliver the best value to our membership as a whole.

Following a thorough review, we are proposing to close Nationwide International in 2017.

The decision was based on a number of factors including demand from customers, volumes of current business, ongoing running costs and its contribution to the wider Nationwide business.

The proposed closure is over a year away, and in the meantime we will continue business as usual.

We will be writing to all our customers about how this affects them.

There is no need for customers to close their accounts at the current time.


1 Year Fixed Rate Bond and Bonus 45 account issues launched

Nationwide International is today (Tuesday 3 May 2016) introducing new issues of its 1 Year Fixed Rate Bond account and Bonus 45 account.

1 Year Fixed Rate Bond (Issue 13)

The rate of annual interest is:

  • 1.15% gross p.a./AER (fixed) for balances of £5,000 or more

Monthly interest options are available on the 1 Year Fixed Rate Bond account.

Bonus 45 (Issue 2)

The rate of annual interest is:

  • 1.20% gross p.a./AER (variable) for balances of £25,000 or more*
  • 0.85% gross p.a./AER (variable) for balances of £5,000 - £24,999**

Monthly interest options are available on the Bonus 45 account.

*Includes an introductory variable bonus rate of 0.45% gross p.a./AER for the first year of the account
**Includes an introductory variable bonus rate of 0.10% gross p.a./AER for the first year of the account


Fixed rate bond issues launched

Nationwide International is today (Monday 22 February 2016) introducing new issues of its six-month, one-year and three-year Fixed Rate Bonds.

6 Month Fixed Rate Bond (Issue 15)

The rate of annual interest is:

  • 1.15% gross p.a./1.16% AER (fixed) for balances of £5,000 or more

1 Year Fixed Rate Bond (Issue 12)

The rate of annual interest is:

  • 1.25% gross p.a./AER (fixed) for balances of £5,000 or more

3 Year Fixed Rate Bond (Issue 12)

The rate of annual interest is:

  • 1.60% gross p.a./AER (fixed) for balances of £5,000 or more

All current issues of the Fixed Rate Bonds (six-month: Issue 14, one-year: Issue 11, three-year: Issue 11) were withdrawn from sale at the close of business on Friday 18 February 2016.

Monthly interest options are available for all Nationwide International’s Fixed Rate Bonds.


Bonus 45 account launched

Nationwide International is today (Monday 22 February 2016) launching a new Bonus 45 account

Bonus 45 (Issue 1)

The rate of annual interest is:

  • 1.30% gross p.a./AER (variable) for balances of £25,000 or more*
  • 0.95% gross p.a./AER (variable) for balances of £5,000 - £24,999**

Monthly interest options are available on the Bonus 45 account.

*The above rates include an introductory variable bonus rate of 0.55%
**The above rates include an introductory variable bonus rate of 0.20%

Fixed rate bond issues launched

Nationwide International is today (Monday 21 December 2015) introducing new issues of its six-month, one-year and three-year Fixed Rate Bonds.

6 Month Fixed Rate Bond (Issue 14)

The rate of annual interest is:

  • 1.36% AER* (1.35% gross p.a.) for balances of £5,000 or more

1 Year Fixed Rate Bond (Issue 11)

The rate of annual interest is:

  • 1.40% AER* (1.40% gross p.a.) for balances of £5,000 or more

3 Year Fixed Rate Bond (Issue 11)

The rate of annual interest is:

  • 1.85% AER* (1.85% gross p.a.) for balances of £5,000 or more

All current issues of the Fixed Rate Bonds (six-month: Issue 13, one-year: Issue 10, three-year: Issue 10) were withdrawn from sale at the close of business on Friday 18 December 2015.

Monthly interest options are available for all Nationwide International’s Fixed Rate Bonds.


HMRC Disclosure Facility (HDF)

The HMRC Disclosure Facility (HDF), which allows the disclosure of any outstanding liabilities relating to offshore assets for previous tax years, is available until 31 December 2015.

Please note that the last date for HDF submissions has been brought forward by HMRC from 30 September 2016 to 31 December 2015.

For more information on the HDF and to view the HMRC guidance, please visit the HMRC website.

In addition, you can telephone the HMRC's Offshore Disclosure Facility help desk on: 0845 600 6407 (for calls from within the UK) or +44 151 300 2714 or +44 151 300 2731 or +44 151 300 2709 (for calls from outside the UK). Lines are open Monday to Friday 8.30am to 4.30pm (UK local time).


Fixed rate bond issues available to offshore savers

Nationwide International is today (Thursday 30 July 2015) introducing new issues of its six-month, one-year and three-year Fixed Rate Bonds.

6 Month Fixed Rate Bond (Issue 13)

The rate of annual interest is:

  • 1.56% AER* (1.55% gross p.a.) for balances of £5,000 or more

1 Year Fixed Rate Bond (Issue 10)

The rate of annual interest is:

  • 1.65% AER* (1.65% gross p.a.) for balances of £5,000 or more

3 Year Fixed Rate Bond (Issue 10)

The rate of annual interest is:

  • 2.05% AER* (2.05% gross p.a.) for balances of £5,000 or more

All current issues of the Fixed Rate Bonds (six-month: Issue 12, one-year: Issue 9, three-year: Issue 9) were withdrawn from sale at the close of business on Wednesday 29 July 2015.

Monthly interest options are available for all Nationwide International’s Fixed Rate Bonds.


Bonus 95 issue available to offshore savers

Nationwide International is today (Thursday 30 July) launching a new issue of its Bonus 95 account.

Bonus 95 (Issue 7)

The rate of annual interest is:

  • 1.55% AER* (1.55% gross p.a.) for balances of £25,000 or more**
  • 1.05% AER* (1.05% gross p.a.) for balances of £5,000 - £24,999***

The current issue of Bonus 95 (Issue 6) was withdrawn from sale at close of business on Wednesday 29 July 2015.

Monthly interest options are available on the Bonus 95 account.

**The above rates include an introductory variable bonus rate of 0.70%

***The above rates include an introductory variable bonus rate of 0.20%


NATIONWIDE INTERNATIONAL WINS MONEYFACTS AWARD FOR SECOND YEAR RUNNING
Society picks up ‘Best Offshore Account Provider’ award

Another night of success at the Moneyfacts Annual Awards 2015 in London has seen Nationwide International, the offshore branch of Nationwide Building Society, pick up the ‘Best Offshore Account Provider’ award for the second year in succession.

Lee Tillcock, Editor, Moneyfacts, said: “Following another year in which Nationwide International has maintained low minimum deposit requirements and continued to offer competitive interest rates, it is once again the worthy winner of the Best Offshore Account Provider category. Its approach of providing a comprehensive offshore product range across numerous currencies, including no notice, notice and fixed rate accounts, has seen it rightfully retain its crown.”

Philip Dunne, Managing Director, Nationwide International, said: “We are delighted to have picked up this prestigious award for the second year running, which is testament to our on-going commitment to meeting our customers’ needs and providing excellent customer service. We pride ourselves on offering some of the most competitive savings rates in the market, reinforcing our position as a leading player in the offshore savings arena.”



Fixed rate bond issue available to offshore savers

On Tuesday 25 November 2014, Nationwide International, the offshore branch of Nationwide Building Society based in the Isle of Man, introduced a new issue of its fixed rate three-year bond.

Three-year Fixed Rate Bond (Issue 9)

The rate of annual interest is:

  • 1.85% AER* (1.85% gross p.a.) for balances of £5,000 or more

The current three year, Fixed Rate Bond (Issue 8) is being withdrawn from sale at close of business on Monday 24 November 2014.

Monthly interest options are available for all Nationwide International’s Fixed Rate Bonds.



Fixed rate bond issue available to offshore savers

On Monday 4 August 2014, Nationwide International, the offshore branch of Nationwide Building Society based in the Isle of Man, introduced a new issue of its fixed rate three-year bond.

Three-year Fixed Rate Bond (Issue 8)

The rate of annual interest is:

  • 2.30% AER* (2.30% gross p.a.) for balances of £5,000 or more

The current three year, two tier Fixed Rate Bond (Issue 7) is being withdrawn from sale at close of business on Monday 4 August 2014.

Monthly interest options are available for all Nationwide International’s Fixed Rate Bonds.

Full details of Nationwide International savings range can be found at: www.nationwideinternational.com.


NATIONWIDE INTERNATIONAL WINS MONEYFACTS AWARD
Society picks up ‘Best Offshore Account Provider’ award

A night of success at the Moneyfacts Annual Awards 2014 in London has seen Nationwide International, the offshore branch of Nationwide Building Society, pick up the “Best Offshore Account Provider” award.

Sylvia Waycot, Publishing Director, Moneyfacts, said: “By offering an excellent overall offshore product range across numerous currencies, including no notice, notice and fixed rate accounts, Nationwide International is a worthy winner of this category. Low minimum deposit requirements and competitive interest rates meant that Nationwide International was a worthy choice for personal investors’ money.”

Philip Dunne, Managing Director, Nationwide International, said: “We are very pleased to have picked up this prestigious award. Nationwide International prides itself on offering some of the most competitive savings rates on the market. To be recognised as the Best Offshore Account Provider is not only a demonstration of how we are on our customers’ side, but equally recognition that we continue to be a leading player in the offshore savings market.”


Great community support by Nationwide International staff for Hospice Isle of Man

Nationwide International’s staff took part in various fundraising and volunteering activities during the past 12 months to raise money for their chosen charity of the year. As a result of their hard work and determination they recently presented a cheque for £2000 to a local charity, Hospice Isle of Man.

Mary Doyle, Head of Fundraising at Hospice, said “Nationwide have been brilliant supporters of Hospice Isle of Man for many years, and it was wonderful that they chose us for their annual charity during the past year. They did a great job and we are very grateful for all their efforts.”

Seamus Byrne Head of Nationwide International’s charity committee, said “We are delighted to support Hospice in this way and it was a great achievement by all the staff here at Nationwide International.”


Nationwide International Highly Commended at 2013 Moneyfacts Awards

Isle of Man-based Nationwide International has been highly commended in the ‘Best Offshore Account Provider 2013’ category of the 2013 Moneyfacts Awards. This is the third year running that Nationwide International has been recognised in this award category.

Commenting on the Awards, Sylvia Waycot, Publishing Director of Moneyfacts, said: “The Moneyfacts Awards showcase providers which continue to demonstrate a firm commitment to quality and choice across a wide range of products, at a time when the sector's success and growth have never been more important.”

Seamus Byrne, Senior Sales and Marketing Manager for Nationwide International, said: “To be recognised for the third year in a row by Moneyfacts in the ‘Best Offshore Account Provider’ category really demonstrates that Nationwide International does offer some of the best rates for savers. The Moneyfacts Awards are amongst the most respected in the industry and we’re really pleased to be acknowledged once again in such a competitive market.”


Nationwide International named best offshore bank for Expats

Isle of Man-based Nationwide International has been named 'Overall Best Offshore Bank for Expats 2013' by Nexus Expatriate News. This is the first time that Nationwide International has won this accolade.

Each year, Nexus Expatriate News, a magazine for expatriate savers, examines the banking and savings accounts 'best buy' tables featured in its printed magazine and online at www.expatnetwork.co.uk. These tables are based on the best interest rates available on a range of different accounts using data sourced from Moneyfacts.

As well as winning Overall Best Offshore Bank for Expats, Nationwide International also won Best Offshore Bank for Expats - Sterling Instant Access Accounts (alongside Lloyds TSB International), Sterling Notice Accounts and US Dollar Accounts, and was commended in the Euro Accounts category.

Commenting on the win, Iain Yule, Consultant Finance Editor, Nexus Expatriate News, said: "Nationwide International has performed exceptionally well this year, winning three of the account categories and also the overall award."

Philip Dunne, Managing Director of Nationwide International said: “Nationwide International prides itself on offering some of the best rates for our savers across our whole range of accounts. To be recognised across all five categories and to win four of them is testament to the hard work we put into ensuring that our rates are among the most competitive in the market.

"The Nexus awards are some of the most respected in the industry and these accolades really demonstrate the great rates we have been able to offer to new and existing customers throughout 2012 and how Nationwide remains 'On Your Side'."


* All interest rates are quoted gross.