Automatic Exchange of Information

Common Reporting Standard

We recommend you contact a professional and independent tax adviser to discuss your personal tax situation, help you understand the international regulations and ensure you comply with them. We can't help you decide your tax status or guide you with filling in forms, as Isle of Man Bank does not offer tax advice, we can however offer guidance on the terms in the forms.

What is CRS

The Common Reporting Standard on Automatic Exchange of Information (CRS) is a legal framework created by the Organisation for Economic Co-operation and Development with close cooperation with the G20 and EU.

It requires financial institutions to report information (to the appropriate tax administration), about financial assets held on behalf of taxpayers, from jurisdictions with which their tax administration exchanges information. This information is exchanged "automatically" every year.

Common questions

How to contact us

We are here to help, however please be aware that Isle of Man Bank can't offer any tax advice. We recommend you contact a professional and independent tax advisor to discuss your personal tax situation.

If you have any queries please contact your Relationship Manager on their dedicated number otherwise call Telephone banking on:

Telephone: 01624 637290 

From abroad: +44 1624 637290

Calls may be recorded.