ALIL launches expat money guide give-away

Alliance & Leicester International (ALIL) has unveiled an Expat Money book promotion designed to help savers with the bank make the most of their finances.

The Isle of Man-based firm has teamed up with Expat Money to offer all eSaver Offshore and Select International applicants a free Expat Money book upon opening an account.

The book is aimed at UK nationals living abroad and includes tips on where and how to bank when abroad, plus which life assurance and health insurance suits expats best.

It also explains terms and information behind jargon with an A-Z glossary of common financial vocabulary useful to expats.

More than 5,500 eSaver Offshore accounts have now been opened, following the recent launch of Select International range of savings products.

The new range of accounts offer variable interest rates of between2.50% and 2.75% Gross/AER and have been launched to cater for customers wanting a greater degree of choice as to how they manage their accounts.

Once the account is opened, the holder will be eligible to receive a free copy of Expat Money, a personal finance manual for Brits abroad.

"The book provides helpful advice about managing funds to expats which is our core client base," says Simon Ripton, joint managing director of ALIL.

With clients in 143 countries, he believes the book is another way to provide clients with information.

"I am confident that, in the challenging economic environment in which we currently live expat savers will find the Expat Money booklet useful as it outlines the money tools that are key to making the most of your money as a UK national living abroad," adds Ripton.