Alliance & Leicester International
Alliance & Leicester International Limited (ALIL) was the international banking subsidiary of Alliance & Leicester, which was subsequently bought by the Santander Group in October 2008.
| Company type | Subsidiary |
|---|---|
| Industry | International banking |
| Founded | 1990 |
| Defunct | May 2013 |
| Fate | Business transferred to parent |
| Headquarters | |
| Products | Savings accounts in sterling, US dollars and euros |
| Owner | Santander Group |
| Parent | Santander UK plc |
| Website | www |
The bank offered a range of international savings accounts primarily to Isle of Man residents and British expatriates, but also to non domiciles living in the United Kingdom, Channel Island residents and expatriates worldwide. ALIL's range of accounts included instant access, notice, monthly interest and fixed rate bonds in pound sterling, US dollars and euros.
In May 2010, Alliance & Leicester merged into Santander UK, which was formed by the combination of Santander's existing subsidiary Abbey, with the savings business of Bradford & Bingley. The business of Alliance & Leicester International transferred to Santander UK's Isle of Man branch on 7 May 2013.