EU Savings Directive (EUSD) - how it affects personal bank account holders

The EU Savings Directive (also known as EUSD) came into force on 1st July 2005. The ultimate aim of this Directive is to ensure the automatic exchange of information about individuals earning savings income in one EU Member State but residing in another. The Directive is implemented in the EU Member States, the UK Crown Dependencies, the UK Overseas Territories, the dependent territories of the Netherlands as well as some “Third Countries”. The detailed list of the countries/territories participating is shown below.
If you have savings income which includes interest from personal bank accounts or investments that generate interest in one of the countries participating, then you are most likely to be affected by the Directive.
For free and confidential advice on your personal circumstances with regards to the EU Savings Directive, or for enquiries of a general nature, please feel free to Contact Us. We will be pleased to provide you with detailed information on how the Directive will affect you.

*Andorra, Anguilla, Aruba, Austria, Belgium, British Virgin Islands, Cayman Islands, Channel Islands, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Isle of Man, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Monaco, Montserrat, Netherlands, Netherlands Antilles, Poland, Portugal, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turks and Caicos, UK.