StuartDJohnson's Review of Lloyds TSB Offshore Banking
27th Sep 2008
Overall Rating
- Value for money
Easy to set up and has lower required account balances. But that is it...
General Comments
Transfers-in taking up to 2 weeks. Transfers-out taking...well, how long is a piece of string. A regular payment took 2 weeks to set up (as the website crashed when trying to do it online). Unable to transfer to Lloyds onshore in under 1 week. Account based in Gibraltar, managed in Isle of Man but payments based in Jersey - communication between them seems abysmal. There appears to be no central system for logging calls or problems - you have to repeat details time and time again to different people. Truly awful experience. I have told them that my experience has convinced me that Lloyds are not set up to deal with international business. I am looking to move elsewhere ASAP
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