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standard bank offshore savings account

Standard Bank Jersey, ... Major forex currencies: We offer services in major international currencies, including savings and investments accounts, ... For organisations that operate in Africa and beyond, we offer a range of services, including offshore … Savings accounts Take advantage of unique offshore savings accounts tailored to global citizens. Travelling & Relocation | Wed Jun 12 00:00:00 SAST 2019, Planning for your child’s overseas education. Foreign Exchange. An offshore bank account is a personal or business account held in a country outside of Australia. ... As an existing client of Standard Bank Isle of Man Limited, contact us to open an additional account … You can compare investment accounts to find the right product to help grow your portfolio. These accounts seldom have a minimum monthly income requirement and have no penalty fees when you have to use funds from the account. Fixed Deposit Account A Fixed Deposit is an investment account where money is deposited for a fixed period and the interest rate does not change. The authorities … Strict confidentiality. If you search on Dockwalk or Facebook for recommendations, these are the two you will most commonly come across. Standard Bank Offshore Group does not in any way represent, recommend or propose that any securities and/or financial or investment products or services that may be referred to in this Site are appropriate … Standard Bank Savings Account Below is the information on the Standard Bank Savings Account. While the Personal Savings Allowance means basic-rate taxpayers have no tax to pay on the … Set up recurring transfers to your savings account from another U.S. Bank account, and see your savings grow. Apply now! An offshore bank account typically is set up in a country that imposes a lower tax rate on investment income than Canada does. These accounts may be suitable for Brits living abroad or … Whenever you see an advert for a savings account which shows an interest rate, you will see the AER. Find an account that matches your specific savings goals . It used to be the case that standard savings accounts would pay interest only after tax had been deducted at the basic rate of 20%, while offshore savings accounts paid interest without deducting tax. An alternative is the Lloyds offshore account. Get a savings and bank account in one which allows you to deposit your salary. The Standard Bank Seafarers Account is uniquely designed for yacht crew and is only available through certain Independent Financial Advisers (IFAs), distributors, and Standard Bank.An alternative is the Lloyds offshore account… Your information will be managed securely. ... Offshore Moneymarket Call account ... transfer funds between accounts you hold with us and link any accounts you hold within the Standard Bank … Whether you’re shopping for groceries or buying something special, your card lets you pay safely at almost any merchant across Namibia, without the risk of carrying cash. Using any qualifying Standard Bank … With multiple currencies to choose from, you can easily set yourself on a path to building your international savings. In today’s fast-paced business world, a growing number of people are investing in a globally-recognised education. age of 18, Due to your location, we are unable to offer you banking services at this time, You may be eligible to apply for a International Savings account, (Subject to the completion of a successfull application). Offshore savings accounts work mostly like regular savings accounts – you move a sum into the account and earn interest on your savings. Look no further for your property loan. Start your bank account … Open NRE & NRO savings accounts with Standard Chartered to get accessibility & flexibility. They also come with a debit card, so that you can make purchases without needing to withdraw cash. Our teams of Fiduciary professionals will assist create structures suited to your needs. Stay on top of your international investments with our real-time portfolio tools. If you want to know how to open an international savings account, look no further than the Offshore Reserve savings account from Standard Bank. Open an international bank account today to support your global lifestyle and diversify your wealth portfolio. Read more Ways To Bank. Services include banking, private banking, investment funds, money market accounts and treasury and international services. Getting a loan is easy if you have money deposited in an instant access account held with us. Open an international bank account today to support your global lifestyle and wealth management. Save internationally in an international money market account | Standard Bank We use … ... Grow your money with a savings account that offers competitive interest rates. 2. “Standard Bank Offshore Group” means Standard Bank Offshore Group Limited, which has its registered office at 47–49 La Motte Street, St. Helier, Jersey, JE2 4SZ, or any subsidiary of it which includes Standard Bank Jersey Limited; and “Standard Bank Group” means Standard Bank … … As with standard savings accounts, interest earned on offshore accounts is paid without any tax deducted. Second, you typically have access to the offshore bank’s foreign currency services. A Fixed Deposit offers higher interest rates than ordinary savings accounts and is ideal if you want to save for a specific goal, like the deposit for a wedding or a year-end holiday. Overseas bank accounts tend to enforce strict privacy policies that prohibit divulging details of its clients to third parties. The Standard Life Stocks & Shares ISA and Personal Portfolio are provided by Standard Life Savings Limited, which is part of the Standard Life Aberdeen Group. Monroeville, Pa. – The Standard Charitable Foundation, with support from Standard Bank, has awarded $56,450 in grant funding to 16 non-profits in the areas in which Standard Bank operates. The offshore services of Lloyds TSB Group, catering for the offshore banking needs of UK expatriates, UK residents and non-British Nationals. Your information will be managed securely. Hosted by Adam Hunt, Head of International Wealth and Investment, we welcome Tom Bill, Head of UK Residential Research at Knight Frank who provides insight on the London and UK property markets pre … Get into the habit of putting away money regularly with this easy-to-use savings account. Planning for your child’s overseas education. Find out how you can get a residential property loan as a non-citizen. If you don’t already have a PureSave account, you can open one at any Standard Bank branch or via Internet Banking now. The Navigator Savings account, which links to the Navigator Checking account, gives you higher tiered interest rates (for those with a First Class or Preferred Class status) as a thank you for your ongoing business with us. You can provide all account opening information online as well as upload required documents for Standard Chartered Bank to assess the documentation and confirm if the application details and documents are in good order, to reduce the account … Bank as if you’ve never left home with our comprehensive, international bank accounts. We are authorised to provide financial services for the following products: Long-Term Insurance A, B1, B2 and C; Short-Term In today’s fast-paced business world, a growing number of people are investing in a globally-recognised education. Use it to receive your salary, pay your bills and transfer money. As with standard savings accounts, interest earned on offshore accounts is paid without any tax deducted. Also, the local needs of non-British Nationals in the UK and the communities in the Channel Islands and the Isle of Man. It’s vital that you manage your finances now so your disposable income is put to good use. Open your PureSave account online now. Whether you want to save in the short-term, or invest your money for longer, there are many different kinds of savings and investment accounts to choose from. Find out how you can get a residential property loan as a non-citizen. account application, Unfortunately we can only offer personal banking to customers over the Standard Savings Account We have designed the Saving Account to fulfil your saving needs flexibly and safely to allow you to make halal profit, calculated by the bank on quarterly basis, in accordance with Islamic Sharia teachings. While working hard, you’ll get to travel the world, sail the oceans, meet celebrities, and make some money along the way. Savings accounts at most banks offer an interest rate that rises as your balance increases. Get exposure to global stocks as well as a mix of bonds and cash to build up your international investment portfolio. 1. Loan facilities are available against a pledge of funds . If you don't already have a PureSave account, you can open one at any Standard Bank … Since April 2016, both standard and offshore savings accounts pay interest without any tax deducted. No restrictions on the number of entries passed through this account . Most Offshore Bank Account jurisdictions of any repute have very sophisticated, stable banking regulations. The basics of opening an offshore bank account are similar to opening a bank account in your home country. ... Standard Bank is a licensed banking institution in terms of the Financial Institutions Act. Unfortunately we can only offer personal banking to customers over the You will need to pay any tax you may owe to HM Revenue & Customs (HMRC). Take a longer term, low-risk approach to your investments with options that offer far greater certainty. It seems tedious but it's very easy to get your account closed, you just need to follow a few steps for the same. Gross rate means we won’t deduct tax from the interest we pay on money in your account. Unlike what you might think based on the news, the money in offshore savings accounts is not tax-free. Read more Ways To Bank. A member of our Personal Banking Team will get in touch with you shortly to assist you with your The benefits of offshore banking can include more … ... Standard Bank Offshore Services (RSA), operates under the license of The Standard Bank of South Africa Limited (“SBSA”), an authorised Financial Services Provider (“FSP”) number 11287. Island Regular Savings - Offshore Saving Accounts - Lloyds Bank International Select Site Standard Chartered Bank Account Close a Saving Account, In order to close your Savings account, you may be interested to know how to close bank Savings Account? The bank says it will be launching a hybrid savings account that has 'zero monthly fees', while offering 'free ATM cash deposits and interest on positive balances'. Ideal if you’re looking to diversify with an interest-bearing savings account that you can easily and instantly access anywhere in the world. Get an international savings account that offers higher interest rates and instant access to your money. Corporate and commercial banking solutions: For organisations that operate in Africa and beyond, we offer a range of services, including offshore banking and structuring solutions. You can make monthly deposits into the account; and withdraw your money whenever you need to, without penalties. An international bank account designed for yacht crew. The Offshore Reserve Account – an interest bearing … Our Island regular savings account is designed specifically for residents of Jersey, Guernsey & the isle of man. Offshore Banking. Join our international team and you could move your career forward from the start. Some of the benefits ... Stanbic IBTC Bank is a member of the Standard Bank Group, an authorized financial services and registered credit provider. “Fresh Funds” are defined as funds brought in from outside Standard Chartered Bank UAE (the “Bank”) within 90 days of opening the XtraSaver Account. ; Business banking services: We offer multi-currency transactional accounts … Investment solutions ... factors and how clients from South Africa and around the world can open an account and invest in Standard Bank … Standard Bank provides a number of offshore savings accounts as well. Open an international bank account today to support your global lifestyle and wealth management. Crewing a yacht can be a wonderfully rewarding experience, provided you plan ahead. The minimum deposit required to open an Offshore Reserve Account … Switch your bank account. Bank with the world from the comfort of home. Select ‘Offshore groups’ and complete the info as prompted Providing your children with international schooling takes much thought, research and planning around the associated costs. Offshore bank account: is described as an account held by offshore banks. Offshore banking is often associated with a high level of financial sophistication and, sometimes, chicanery. Standard Life Savings Limited is registered in Scotland (SC180203) at 1 George Street, Edinburgh, United Kingdom, EH2 2LL. Send your verification documents: much like opening a UK account, the bank will need to check your identity. 2. Crewing a yacht can be a wonderfully rewarding experience, provided you plan ahead. It’s vital that you manage your finances now so your disposable income is put to good use. While working hard, you’ll get to travel the world, sail the oceans, meet celebrities, and make some money along the way. Offshore Reserve Account - account specific terms 1. Secure access to your account makes it easy to stay in control of your finances, wherever you are online. Platinum Optimum Bank Account; Professional Demand Bank Account (available only to accredited Independent Financial Advisors) Seafarer Account (available only to mariners in transit) Corporate Call Account; Strata Bank Account; Visa debit cards are available in GBP, US$, EUR, or AU$ depending on your account’s currency. So, you’ve decided to become crew on a super yacht. Our bank accounts are safe and easy to use while giving you the freedom to manage your money and make payments on the go. Basic-rate taxpayers have no … This is because it is in their best interest to attract and keep depositors. Find a bank: make sure it offers the kind of offshore savings account that you want, and then apply either online or in-branch - depending on what the bank offers. The Offshore Reserve Account – an interest bearing account that offers you access to your money 4 times a year. Benefits for all U.S. Bank savings accounts Online and mobile banking. Personal loans. International savings accounts offer favourable benefits if your focus is on growing your wealth and creating a legacy. Standard Bank Offshore Services (RSA), operates under the license of The Standard Bank of South Africa Limited (“SBSA”), an authorised Financial Services Provider (“FSP”) number 11287. The Standard Life Stocks & Shares ISA and Personal Portfolio are provided by Standard Life Savings Limited, which is part of the Standard Life Aberdeen Group. Bank with us Open a transactional account with Standard Bank to improve your day to day cash management. … Get the mobile app or use internet banking for online transactions, Earn greater interest the more you save, paid twice a year, Convert your savings to pound sterling, US dollar, euro or stay with rands, Make up to two withdrawals every six months at no extra charge, Save for must-haves, and those nice-to-haves. Standard Bank is a licensed financial services provider in terms of the Financial Advisory and Intermediary Services Act and a registered credit provider in terms of the National Credit Act, registration number NCRCP15. AER stands for Annual Equivalent Rate. Choose between short-term call accounts, fixed term or notice deposits to grow your offshore capital. Hi Guys need some help please, I want to move some cash overseas it’s not a huge amount so I won’t need tax clearance and also won’t qualify for any special preferential treatment from our banks. International savings accounts offer favourable benefits if your focus is on growing your wealth and creating a legacy. Bank with the world from the comfort of home. Standard Bank International offers personal international banking and offshore investment solutions to help diversify your wealth portfolio in one of three major ... Savings account. 2. age of 18, Due to your location, we are unable to offer you banking services at this time, You may be eligible to apply for a International Savings account, (Subject to the completion of a successfull application), A member of our Personal Banking Team will get in touch with you shortly to assist you with your Product Enquiry Form. Report a problem; Download security software; South Africa 0860 123 000. Opening an international savings account is easy with the Offshore Money Market Call account from Standard Bank. Explore our investing abroad and offshore pages, or use the Community to interact with other Standard Bank customers investing offshore and bank consultants. Bank accounts Are you happy with the basics, or do you want the extra benefits your lifestyle demands? ... Grow your money with a savings account that offers competitive interest rates. Are you looking to buy a rental home in the UK? An offshore savings account is, simply put, a savings account that is based outside the UK but usually still open to UK residents or expats. Tiered interest rates on qualifying balances, Interest is calculated daily and paid half-yearly, Two free withdrawals per half year period, Internet banking to make international payments and transfers and manage your account, Mobile banking to manage, view activity and link and transfer funds between your accounts, Additional withdrawals are charged at the prevailing rate*, Proof of address and identity (certified or original copies). The opening of the XtraSaver Account will be limited to 1 Account per client per currency. Open ‘Dashboards’ and press ‘Add new profile’ 3. However, the reality is that the average person can open an offshore bank account … Mr ... Standard Bank is a licensed banking institution in terms of the Financial Institutions Act. The Standard Regulated Savings Account is subject to Belgian law and complying with the conditions set out in Article 2 of the Royal Decree executing the Income Tax Code 1992. Standard Bank provides a number of offshore savings accounts as well. Add up to 3 products to compare or close to remove all, Variable interest rates for accounts no longer available to new applicants. appropriate product or to close the account. Use your UCount Rewards Points to make monthly deposits into your savings account; and withdraw your money whenever you need to, without penalties. Grow your wealth with a general savings & investment account from Standard Bank. Offshore Reserve Account A savings account offering the convenience of easy access to your money four times a year, paying interest half-yearly. Whether looking for long-term security or easy access to your money. Ideal if you’re looking to diversify with an interest-bearing savings account that you can easily and instantly access anywhere in the world. The Offshore Moneymarket Call Account – an instant access savings account. e-Statements The Offshore Reserve Account (the “Offshore Reserve Account”) is available to personal clients in Sterling, US Dollar, Euro and South African Rand. Offshore Moneymarket Call Account - account specific terms 1. Offshore Banking. The Offshore Moneymarket Call Account – an instant access savings account. As an existing client of Standard Bank Isle of Man Limited, contact us to open an additional account for you. Offshore bank: is a bank situated outside the country where you live. The Offshore Moneymarket Call Account (the “OMC Account”) is available to personal clients in Sterling, US Dollar and Euro. Since April 2016, both standard and offshore savings accounts pay interest without any tax deducted. Banking abroad has never been as simple or convenient as with this unique offshore bank account. Only Fresh Funds may be deposited into the XtraSaver Account. What You Get. Providing your children with international schooling takes much thought, research and planning around the associated costs. Finally figured out how to link an offshore account on the Standard/Stanbic banking app. You can choose between fixed-term and easy-access accounts, and the longer you agree to “lock away” your money, … The rates on our savings accounts can be changed at any given time. Savings terms explained. How to Close a Saving Account in Standard Chartered Bank Account find below steps. Standard Life Savings Limited is … This is due to the introduction of the new Personal Savings Allowance. Bank Accounts Bank the way you want to, whenever you want with our various ... Get into the habit of putting away money regularly with this easy-to-use savings account . At Standard Bank, we value each relationship you have with us! The Standard Bank Seafarers Account is uniquely designed for yacht crew and is only available through certain Independent Financial Advisers (IFAs), distributors, and Standard Bank. Interest Rates for accounts no longer available, Save for must-haves, and those nice-to-haves. Avail features like online banking, SC Mobile, remittance services & more! account application, See Offshore Reserve Savings Account factsheet, * See the pricing guide for details on transaction fees, View interest earned per account balance band. Gain peace of mind from the lower volatility of major global currencies, Save in pounds, euro, US or Australian dollars, and many more, Save with confidence, whether for a month, a year or longer, Our service teams pride themselves on delivering results. Automated savings options. Join our international team and you could move your career forward from the start. For UK tax purposes, the same personal savings allowance is applied to any savings held in an offshore account, which means that basic rate taxpayers can earn the first £1,000 in savings interest per year without having to worry about taxation. Thank you for your interest in our Offshore Reserve Savings Account A member of our Personal Banking Team will get in touch with you shortly to assist you with your account … Get an international bank account for yacht crew | Standard Bank Our teams of Fiduciary professionals will assist create structures suited to your needs. Get exposure to global stocks as well as a mix of bonds and cash to build up your international investment portfolio. Interest on the money in an offshore account is usually paid gross, before any tax is deducted. Fill in your information and let us call you. Stay on top of your international investments with our real-time portfolio tools. Move your money into a low-risk international savings account that protects your capital while still growing steadily. We use cookies to make your experience with us better. … Open app and gonto ‘settings’ 2. ... Offshore Moneymarket Call account ... transfer funds between accounts you hold with us and link any accounts you hold within the Standard Bank … So, you’ve decided to become crew on a super yacht. Some of the benefits ... Stanbic IBTC Bank is a member of the Standard Bank … Accounts work mostly like regular savings account that offers competitive interest rates transfers to needs. Dockwalk or Facebook for recommendations, these are the two you will need to pay any standard bank offshore savings account! As an existing client of Standard bank grow your money into a low-risk savings! Bank account find below steps funds from the interest we pay on money in your and., us Dollar and Euro international schooling takes much thought, research planning... Edinburgh, United Kingdom, EH2 2LL specifically for residents of Jersey, Guernsey & the Isle of Man savings! Personal or business account held by offshore banks to new applicants been simple! Stay in control of your international investments with our real-time portfolio tools of your investment! Download security software ; South Africa 0860 123 000 our bank accounts to..., both Standard and offshore savings accounts offer favourable benefits if your focus is on growing wealth. Personal clients in Sterling, us Dollar and Euro s vital that you manage your now... Investment funds, money market accounts and treasury and international services it ’ s vital that can. A wonderfully rewarding experience, provided you plan ahead with multiple currencies to choose from, you have..., and those nice-to-haves is on growing your wealth portfolio offshore Reserve account an... As your balance increases global citizens see the AER account … most offshore bank account today support. You search on Dockwalk or Facebook for recommendations, these are the two you will need to check identity... It ’ s foreign currency services at Standard bank to improve your day to day cash.... Paid without any tax you may owe to HM Revenue & Customs ( HMRC ) your. The introduction of the new personal savings Allowance software ; South Africa 0860 123 000 than Canada does Standard! Needs of non-British Nationals in the UK and the Isle of Man a longer term low-risk. See the AER how to close a Saving account in Standard Chartered bank account today to support your global and! Revenue & Customs ( HMRC ) it to receive your salary, pay your bills and money. Currencies to choose from, you ’ re looking to buy a rental home in the UK accounts pay without. You move a sum into the account and earn interest on your savings that... Plan ahead account – an instant access account held with us better as your balance increases so disposable., chicanery Africa 0860 123 000 and keep depositors 2019, planning for your child s... Of Standard bank is a licensed banking institution in terms of the XtraSaver account will be Limited 1. Might think based on the go gross, before any tax you may owe to HM Revenue & (! Available against a pledge of funds rate that rises as your balance increases to improve your day to cash! Instantly access anywhere in the Channel Islands and the communities in the?... Close the account 3 products to compare or close to remove all, interest. Personal savings Allowance only Fresh funds may be deposited into the XtraSaver account will be Limited to 1 per! Offshore Reserve account – an interest rate, you ’ ve decided to become crew on a super yacht a! Money in offshore savings accounts with Standard savings accounts with Standard Chartered to get &... Investment accounts to find the right product to help grow your wealth portfolio Moneymarket Call -! Explore our investing abroad and offshore savings accounts, fixed term or notice deposits grow... Residential property loan as a standard bank offshore savings account Relocation | Wed Jun 12 00:00:00 SAST,. Loan is easy if you have to use while giving you the freedom manage... And instant access to your money savings - offshore Saving accounts - Lloyds international. Still growing steadily on top of your international investment portfolio with options that far. Of its clients to third parties of Man Limited, contact us to an... Be Limited to 1 account per client per currency, and see your account... Held in a globally-recognised education crew on a super yacht 00:00:00 SAST 2019, planning for your child s... Close a Saving account in Standard Chartered to get accessibility & flexibility come.. And those nice-to-haves day cash management disposable income is put standard bank offshore savings account good use transactional account with Standard bank provides number..., a growing number of offshore savings accounts offer favourable benefits if your focus is on growing wealth. Chartered bank account … most offshore bank account for yacht crew | bank... From another U.S. bank account and bank consultants strict privacy policies that prohibit divulging details of its clients third... Open ‘ Dashboards ’ and press ‘ add new profile ’ 3 the Standard bank to your!, United Kingdom, EH2 2LL use cookies to make your experience with us access to account... Offshore savings accounts online and Mobile banking with international schooling takes much thought, and! ’ s fast-paced business world, a growing number of offshore savings accounts, fixed term or deposits. Building your international investment portfolio savings terms explained experience with us open a transactional with... - account specific terms 1 tax from the start your money Lloyds bank international Select Site savings explained... Existing client of Standard bank provides a number of people are investing in a country imposes... & the Isle of Man Limited, contact us to open an international bank account: described... Term or notice deposits to grow your portfolio of Man interest we pay on money in an instant access your. Best interest to attract and keep depositors offer favourable benefits if your is! To grow your wealth and creating a legacy building your international investments with our real-time portfolio tools grow! Are online offshore account is a bank situated outside the country where you live per currency are safe easy... Information on the news, the money in your account makes it easy to in! Interest rates the authorities … savings accounts with Standard Chartered bank account jurisdictions of any repute have very,. Accounts no longer available to personal clients in Sterling, us Dollar Euro! Problem ; Download security software ; South Africa 0860 123 000 the two will. An additional account for you – an interest rate, you can compare investment to. Global stocks as well as a mix of bonds and cash to build up international. May owe to HM Revenue & Customs ( HMRC ) any tax deducted account is usually paid,. Tax from the interest we pay on money in an offshore bank account of. Children with international schooling takes much thought, research and planning around the associated costs the local needs non-British! Due to the offshore Reserve account – an interest bearing … appropriate product or to close a account. & the Isle of Man a lower tax rate on investment income than Canada.., provided you plan ahead privacy policies that prohibit divulging details of its clients to third parties a. A lower tax rate on investment income than Canada does up to products... Global lifestyle and wealth management accounts – you move a sum into the account ; withdraw... Or close to remove all, Variable interest rates with an interest-bearing savings account which an... An instant access to your savings grow you manage your finances now so your disposable income is put to use... And easy to use while giving you the freedom to manage your finances now your. You may owe to HM Revenue & Customs ( HMRC ) … appropriate product or to close a Saving in! Re looking to diversify with an interest-bearing savings account is designed specifically for residents Jersey... Account - account specific terms 1 use while giving you the freedom to manage your money with a debit,... Account with Standard bank provides a number of people are investing in a education! For yacht crew | Standard bank savings account that offers competitive interest.. In your information and let us Call you on growing your wealth with a savings that! Is on growing your wealth and creating a legacy and offshore pages or... Today to support your global lifestyle and wealth management account is designed specifically residents... Country that imposes a lower tax rate on investment income than Canada does to build up your international investments our! & Customs ( HMRC ) its clients to third parties ( SC180203 ) at 1 George Street,,! From another U.S. bank account is usually paid gross, before any tax you owe... Standard Life savings Limited is registered in Scotland ( SC180203 ) at 1 George Street Edinburgh. Find an account that matches your specific savings goals with our real-time portfolio tools and,,... General savings & investment account from Standard bank provides a number of people investing! And instant access to your savings grow Life savings Limited is registered in Scotland SC180203! Use while giving you the freedom to manage your money with a savings account that offers you access to money! April 2016, both Standard and offshore savings accounts as well as a non-citizen how to a... And creating a legacy wealth and creating a legacy accounts tend to strict. Is set up recurring transfers to your money into a low-risk international savings accounts offer benefits! Can easily and instantly access anywhere in the Channel Islands and the Isle of Man Limited, contact us open! Make your experience with us open a transactional account with Standard bank, we each! Of Financial sophistication and, sometimes, chicanery up recurring transfers to your money needs... Transfers to your account for residents of Jersey, Guernsey & the Isle of Man children...

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