The Moneyfacts Awards involve an independent assessment of personal finance products with input from IFAs.

Skipton has been commended, highly commended or has won an award for the past seven years.

Jim Coupe, Managing Director, Skipton International, said: “Winning this award is a recognition of the consistently high levels of service, and long-term stable rates we offer our savings customers. Offshore accounts are an integral part of our offering; we look after the savings of Channel Islanders along with British expats from more than 100 countries around the world.

“As a Channel Island-registered bank we are committed to giving customers from the Channel Islands, and beyond, the best personal service and to make the process of opening offshore savings accounts as straightforward as possible.”

Skipton International offers a range of offshore savings accounts including Notice, Easy Access, and Fixed Rate accounts, to Channel Island residents and British expats around the world.

At the end of 2015 Skipton International reached £1.075 billion of deposits, making it equivalent to the 12th biggest building society in the UK. Skipton is also one of the largest providers of mortgages in the Channel Islands.