Offshore banking has grown fast all over the world, because of the liquidity of world financial markets. Offshore banking provides a wealth of services which include deposit taking, money transmissions, provision of foreign exchange, trade finance, credit facilities, investment custody, investment management, fund management, trustee services, and corporate administration. Many offshore banks offer services that [...]
When referring to offshore bank accounts we should refer to Warren Buffett, the world’s second richest person who once said, “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.” In these precarious financial times, perhaps one of the [...]
As many of us know, Seychelles Offshore Banking was top notch up until a few months ago when Barclay’s Bank in the Seychelles experienced a major shake up after a change in management. One of the oldest and most respected banks in the world; Barclay’s; is slowly loosing ground in their offshore division based in [...]
UBS tried to become the solution for US citizens who wanted offshore banking and investing and who were afraid to go offshore in the complete sense of the word. Now hundreds if not thousands of people are facing the beginning of what could be one of the largest crack downs on a financial institution ever [...]
People often wonder what the security features of an offshore banking account and just how their funds are safe from hackers as well as information thieves. There are many ways in which information as well as account access can be protected from intrusion. One of the simplest as well as proven methods is the use [...]
One of the most frequent questions we receive from visitors is “Is Offshore Banking safe?”. The truth of the matter is YES and NO. There are three types of offshore financial institutions and they are as follows: Offshore Bank, Offshore Financial Company, and an Offshore Trust or Fiduciary Company. An Offshore Bank is just [...]
There are limitless possibilities of uses for an Offshore Bank Account including receiving commissions as well as conducting business on an international level. Most people cringe when they hear the words offshore banking. They associate such activities with organized crime and money laundering. In all reality the activity of banking offshore is far from that. [...]
