Bank of Scotland International has launched a new International Private Banking service.

Bank of Scotland International, the Jersey-based HBOS subsidiary, has launched a new International Private Banking service, which provides offshore packages for clients wanting to maximise their tax status through financial advice and wealth management solutions. The service offers access to, and information on, a wide range of offshore banking, savings, mortgages and treasury services, across a variety of currencies. Specialist services are provided through external providers – the Rossborough Group for financial planning and Collins Stewart Wealth Management for investment services and stockbroking. Trust and tax planning services are also available. James Gairdner, managing director at Bank of Scotland International, said: "Our new International Private Banking service offers a personal solution for individuals which will cater to all their offshore financial needs." The new service is targeted at clients with a minimum £300,000 in savings or a mortgage of more than £500,000.