Nice to Meet You in UK! Study abroad with iGB — UK Station

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iFAST Global Bank

26 Jan 2024 · visibility 489 views

UK has wonderful natural beauty, a clean urban environment, and quaint ancient towns. It is a diverse country that does not discriminate based on race, religion, or skin colour. It welcomes people from around the world.

Encircled by its rich history and exciting culture and arts, the nation's music, theatre, film, literature, and fashion all provide ample opportunities for international students to appreciate and enjoy a completely different atmosphere from China in their spare time.

Thanks to its excellent geographical location, UK can be easily visited via ferries, trains, and planes, allowing visitors to explore major cities such as Paris, Rome, and Madrid, as well as navigating nearby European cities with diverse cultural and historical backgrounds.

What are the advantages of studying in UK?

Quality Education

1.       British education is known for its high quality, particularly in undergraduate programs, boarding schools, and private high schools, all of which hold leading positions in the world.

2.       British education follows traditional and civilised ways of instruction, which benefits children's physical and mental development.

Short Academic Year

1.       British schools are more flexible when it comes to credit transfers. It usually takes only three years to study for a bachelor's degree with university honours and one year to obtain most master's degrees in UK. This is more cost-effective than studying in Australia or the US without compromising the quality of the master degree.

2.       When it comes to admission requirements, in addition to providing university grades, students need to prepare for GRE or GMAT exams for studying in the US. However, for studying in the UK, students only need IELTS scores and university grades. As a result, studying in UK can save both money and time.

Then, why bank with iGB for your UK study?

Introduction to iGB

On 7 January 2022, iFAST Group announced its intentions to acquire a full-license commercial bank in the UK. After obtaining approvals, the acquisition was completed on 28 March2022, and the bank was renamed iFAST Global Bank Limited (iGB). This acquisition is not only a significant move in the Fintech field, but also in line with the Group’s vision to adopt a truly global business model. Integrating digital banking capabilities into its Fintech ecosystem helps to strengthen the Group’s long-term growth. As a fintech enterprise that is constantly breaking new ground, the Group effectively develops digital banking capabilities as well as adjacent Fintech capabilities such as payment, while ensuring that wealth management will remain as its core service as a progressive Fintech player. In today’s digitally connected world, digital banking services have become one of the indispensable infrastructures in people’s lives. This acquisition helps the Group accelerate the growth of its overall wealth management business and take an important step towards establishing a truly global business model.

Highlights of iFAST Global Bank Account

1.     Banking without boundaries: iGB supports online account opening without physical presence in UK. Following a single application, iGB offers you multi-currency access to GBP, USD, EUR, HKD, SGD, JPY, CHF and CNY.

2.     Competitive interests: USD 12-month fixed term deposit of 3.6% AER, USD 6-month fixed term deposit of 3.6% AER, and GBP instant access multi-currencies deposit rate with up to 2.9% AER

3.     Covered by the Financial Services Compensation Scheme (FSCS) up to a total sum of £85,000 eligible deposits

4.     Free for account opening and pay no annual fees, no subscription plan, no set up fees, and no minimum balance requirement

5.     Client service supports English, Mandarin and Cantonese

6.     Link all your iFAST accounts together and send money in different currencies free of charge

iFAST Global Bank is a member of the Financial Services Compensation Scheme (FSCS).

iFAST Global Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 716167. We are registered in England and Wales, our company number is 4797759.

Please note that the provided details serve as general information and should not be considered as financial advice or endorsements. We strongly advise customers to diligently carry out their own research and consider seeking expert guidance for tailored financial choices.