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Bonds & Savings Platforms for an American national, British resident

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  • stoneman
    stoneman Posts: 4,549 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    poseidon1 said:
    wmb194 said:
    Can anyone provide a quick answer to which platforms such as HL, Raisin, etc. allow USA nationals, British residents (with an NI number) to open new bonds via their platforms? I am struggling to find any for my wife who has lived in the UK for thirty plus years!

    Many thanks for any help offered.
    Take a look at this recent thread. Principality, Coventry and Lloyds appear to confirmed options. Plum is a possibility as well.

    https://forums.moneysavingexpert.com/discussion/6555741/best-savings-accounts-for-american-expats/p3
    Thanks for all the suggestions and help mentioned so far including the thread mentioned. To clarify, I was referring to new bonds for savings only. To date she has been able over the last year or so to open savings bonds with Hodge bank, Beehive (now Nottingham BS), MBNA with no issues. 


    stoneman's attitude and philosophy is an interesting one. One has to assume that if he is prepared to mislead uk financial institutions, he has a similar disregard for  IRS annual FBAR reporting, where ISA income and gains are potentially taxable in the US.




    I have never worked in the US or ever had a TIN. Chase ( owned by Morgan Stanley) asked me once to fill out a W8 but when I explained that I came over here when I was 15 they were cool. 

    The common law of business balance prohibits paying a little and getting a lot. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.
  • londoner62
    londoner62 Posts: 85 Forumite
    Tenth Anniversary 10 Posts Photogenic Name Dropper
    Update to my earlier posts.

    The wife was able to easily open a new one year bond yesterday with Secure Trust Bank as a British resident.

    She also recieved comms from Vida bank saying she should be eligible.
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