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Barclays expat clients affected by the sale of their business to ADIB urged to take immediate action
“it is critical that Barclays clients in the UAE decide now whether they wish their current accounts, loans and investments to be moved to Abu Dhabi’s Islamic Bank"
Barclays customers who decide to go with Barclays’ decision to move their accounts to ADIB will have to switch any financial products they hold to comply with ADIB’s strict rules on Islamic finance, the best known feature of which being the prohibition on interest.
Sam Instone also commented that “if a Barclays client is happy with the move of their account to ADIB, we would still strongly encourage clients with high asset values to consider using an independent wealth manager who understands the expat market with offshore banking facilities.”
AES International is offering clients affected by the closure of their Barclays accounts a complimentary review of their banking and investment arrangements. AES’ offices are conveniently located above the Barclays Emaar Square branch in Dubai if Barclays’ clients want to drop in and discuss their options, or they can talk with an AES financial adviser. For more details,visit
AES International uses UK-qualified independent financial advisors, who are specialists in the complexities of expatriate banking, investments and international financial planning.
Press Notes About AES International
AES has been recognised by the Sunday Times Virgin Fast Track 100 as the fastest-growing UK financial services business. In 2013, AES was also awarded Investors in People Champion status, joining the top 1% of all IIP-accredited businesses.
AES International seeks to bring positive change to international financial services and specialises in multi-jurisdictional, cross border, inpatriate, expatriate, and non-domiciled insurance and investment services. This means they deliver professional services to international private client advisers, wealth managers, and other financial services firms who serve internationally mobile professionals, offshore clients/trusts and the expatriate sector. The firm delivers three market leading ‘value propositions’
International Wealth Management | Offshore Private Banking | International Financial Planning for Expatriates | International Pension and Retirement Planning
Visit AES International at http://www.aesinternational.com
Contact Details for AES International
AES Middle East Insurance Broker, Global Wealth Management
5th Floor, Building 6
PO Box 191905
Tel: +971 (0) 4450 2500
Fax: +971 (0) 4454 1272