Important Tax Information

Interest on accounts held with the Isle of Man branch of Santander UK plc is paid gross, without the deduction of tax. The situs of accounts held with our Isle of Man branch is the Isle of Man.

You are responsible for disclosing the interest earned on your account to the relevant tax authorities of the countries where you may be liable to pay tax.

Tax legislation and practice may change and customers should consult their tax adviser regarding the suitability of our products for them in their personal circumstances. This website and any advertisement contained within it does not constitute an invitation to buy or an offer to sell securities or make deposits in any jurisdiction to any person to whom it is unlawful to make such an invitation or offer in such a jurisdiction.

It is the responsibility of prospective customers to inform themselves of all applicable laws and regulations of their jurisdiction of residence, citizenship, domicile, sale etc. in determining whether the account is suitable and lawful for them in their personal circumstances. From time to time we may specify a list of countries from which we do not accept deposits, and this list is subject to change without notice. The Isle of Man branch of Santander UK plc does not offer tax or investment advice and the information contained within this website does not constitute advice. Our General Terms and Conditions, Special Terms and Conditions applicable to accounts held with us in the Isle of Man, Internet Banking terms and conditions and the Specific Conditions of the account apply.

Customers must comply in all respects with our Know Your Customer rules which derive from local legislation, group standards and regulations issued by the Isle of Man Financial Services Authority. Full details of our Know Your Customer rules are included on this website.

Tax Co-operation and Disclosure

The following information is important. You should review the information and satisfy yourself whether the information applies to you. If in doubt we strongly recommend that you seek specialist advice from your tax adviser.

In December 2012 the Isle of Man announced that it would be entering into closer tax
co-operation with the United Kingdom (UK) via an automatic exchange of information agreement based upon the same principles as those recently negotiated between the UK and the United States of America (US).

This agreement will result in Santander UK plc Isle of Man branch providing a broader range of information to HMRC in respect of UK resident taxpayers than that already provided under the European Union Savings Tax Directive. Details of the new agreement between the Isle of Man and the UK can be found at:

www.hmrc.gov.uk/fatca/uk-crown-dependencies.pdf

On the 19 February 2013, in support of this announcement, the Isle of Man Government entered into a ‘Memorandum of Understanding’ (MOU) with Her Majesty’s Revenue and Customs of the United Kingdom of Great Britain and Northern Ireland (“HMRC”) relating to co-operation in tax matters. Under this MOU, HMRC has agreed to make available from 6 April 2013 until 30 September 2016 a disclosure facility to assist people in complying with their tax obligations to the United Kingdom. This can be found at:

www.hmrc.gov.uk/offshoredisclosure/isleofman-memorandum.pdf

We are obliged under the terms of the agreement to contact customers to whom the MOU may be relevant in order to inform such customers of the facility. Santander UK plc Isle of Man branch has taken the decision to inform all our customers of this MOU.

The MOU facility may be relevant to any of our customers who have been, or who currently are, tax resident in the UK for any period between 6th April 1999 and 31 Dec 2013 and allows for the settlement of any outstanding tax liabilities with HMRC. Written guidance has been published by HMRC and can be found, along with the full details of the agreement at

www.hmrc.gov.uk/offshoredisclosure/isleofman.htm

The Isle of Man has also confirmed that it will be entering into closer tax co-operation with the US via an automatic exchange of information agreement known as Foreign Account Tax Compliance Act (FATCA).

The FATCA agreement will result in Santander UK plc Isle of Man branch providing a broad range of information to the US Internal Revenue Service (IRS) in respect of customers with specific US links, detailed in Section B1 of the agreement detailed below. A copy of the agreement between the Isle of Man and the US will be largely based upon that already entered into between the US and the UK, details of which can be found at:

http://webarchive.nationalarchives.gov.uk/20120913103048/http:/www.hm-treasury.gov.uk/d/facta_agreement_tax_compliance_140912.pdf

European Union Savings Tax Directive

Customers who are residents of member states of the European Union (EU) and certain dependent territories are subject to tax regulations made in the Isle of Man pursuant to the EU Savings Tax Directive and tax may be applicable to their savings interest. From 1 July 2011, details of the accounts held by EU residents are automatically exchanged with their home tax authorities.

OECD Common Reporting Standard

In November 2013, the Isle of Man Government announced that it would be among those countries committed to being an early adopter of the Common Reporting Standard (CRS). CRS is an international initiative based on the development of a single global standard for the automatic exchange of information between tax authorities.

CRS comes into effect on 1 January 2016 for accounts held with the Isle of Man branch of Santander UK. All accounts open as of that date, and any opened thereafter, will be subject to the exchange of information with the relevant tax authority for countries signed up to CRS.

USA Patriot Act

The USA PATRIOT Act 2001 (Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism) was passed in October 2001. It includes a number of provisions intended to combat money laundering and the financing of terrorism.

U.S. Financial institutions are required by the USA PATRIOT Act to obtain certain information about foreign banks that maintain relationships with them.

Please follow the link below to access the Santander global USA PATRIOT Act Certificate.

Global Patriot Act Certification

In circumstances where law or regulations come into force which require us to deduct tax or any other externally imposed levy before paying interest to customers, we reserve the right to make such deductions.

Data protection & privacy statement

The Isle of Man branch of Santander UK plc is committed to protecting the privacy of information it holds about you. Santander UK plc is registered as a data controller under the Isle of Man and UK Data Protection Acts. The Isle of Man Data Protection Act requires data controllers to apply eight data protection principles. These include the fair and lawful obtaining of personal data, the use of that data only for specified purposes, and the secure storage of that data. By accessing and using our website, you confirm your consent to Santander UK plc collecting and using your information in accordance with this privacy statement and our Terms and Conditions.

In the event that you are concerned about the personal data which the Isle of Man branch of Santander UK plc holds about you, you have the right to request a copy of that data and to have it corrected if it is inaccurate. To request a copy of your personal data you will need to email or write to the Data Protection Officer at the Isle of Man branch of Santander UK plc. A fee is payable.

Anti-Bribery & Corruption Policy

Santander UK plc is committed to guard against all forms of bribery and corruption. The board of directors of Santander UK plc has adopted an anti-bribery and corruption policy to ensure that the company’s reputation for ethical behaviour and for financial probity will always inspire confidence in the markets in which it operates and with its business partners and clients.

Santander UK plc has a zero tolerance policy with regards to bribery and corruption, in all forms, whether committed by its officers, employees or agents on its behalf, for whatever purpose. This policy extends to its business relationships and dealings (directly or through associated persons) in all countries in which the Isle of Man branch of Santander UK plc transacts.

Legal information about this website

This website is the property of Santander UK plc, 19/21 Prospect Hill, Douglas, Isle of Man, IM1 1ET, British Isles. Santander UK plc is part of Banco Santander, S.A. of Spain which is regulated by the Bank of Spain.

This website and all accounts held with the Isle of Man branch of Santander UK plc are governed by Isle of Man law, and all legal references unless otherwise stated are to Isle of Man legislation.

Whilst the information contained in this website is published in good faith, no warranty express or implied is made as to its accuracy, completeness or correctness. The Isle of Man branch of Santander UK plc makes no commitments, and disclaims any duty, to update or correct or to provide notice as to any error or omission in any report or other information contained on the site.

Copyright in the whole and every part of this website belongs to the Isle of Man branch of Santander UK plc, unless otherwise indicated, and may not be used, sold, licensed, copied or reproduced in whole or in part in any manner or form or on any media to any person without the prior written consent of the Isle of Man branch of Santander UK plc. Unauthorised use of our name, trading style or logos may result in legal action. The Isle of Man branch of Santander UK plc may also claim rights in any other trademarks, service marks, logos and icons contained in this website.

We may suspend or withdraw this website without notice.

All information and content on this website are subject to applicable statuses and regulations and are furnished “as is”, without warranty of any kind, express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or non-infringement. The Isle of Man branch of Santander UK plc will not be liable (whether in negligence or otherwise) to any person for any error, omission or incompleteness in the information, or reliance on the information, on the website, nor shall the Isle of Man branch of Santander UK plc be under any obligation to advise any person of any error therein. In no event shall the Isle of Man branch of Santander UK plc be liable for any damages whatsoever (including without limitation, damages for loss of profits, business interruption, or loss of information) arising out of the use of or inability to use the website or the information thereon, even if the Isle of Man branch of Santander UK plc has been advised of the possibility of such damages. Any software downloads accepted by you from this website are accepted entirely at your own risk.

Certain links to other websites are provided from this site. The Isle of Man branch of Santander UK plc does not accept any responsibility for the accuracy, correctness or suitability of those other websites or any information contained therein.

There is no guarantee that any email sent to the Isle of Man branch of Santander UK plc will be received by the Isle of Man branch of Santander UK plc, or that the content of the email will remain confidential and unaltered during internet transmission. If you are concerned about emails you send to us, please refer to the Privacy Statement for further information.

About the Website

The Website is provided by the Isle of Man branch of Santander UK plc; principal place of business in the Isle of Man, 19/21 Prospect Hill, Douglas, Isle of Man, IM1 1ET, British Isles.

The Website is a service provided to enable you to find information about the range of products and service provided by the Isle of Man branch of Santander UK plc. The Website also includes advertisements and general information about our range of products and services provided by the Isle of Man branch of Santander UK plc.

The Website may contain links to other Santander Group websites, including the UK website of Santander UK plc and we advise any person visiting those sites that some products and services may not be available to Isle of Man residents or residents outside of the United Kingdom.

Our Liability To You

We are not liable to you for any scheduled or non-scheduled interruptions of the Website.

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