Offshore Banking

Ouvrir un Compte Personnel à Saint Vincent

2011-10-19T20:07:00.000-07:00

DOCUMENTS NÉCESSAIRES pour les nouveaux clients:

Veuillez compléter, imprimer et signer une copie du Contrat de Compte Bancaire cliquer ici pour une version téléchargeable

Veuillez compléter, imprimer et signer une copie du formulaire "personal_account_opening_form.pdf" cliquer ici pour une version téléchargeable.

La copie notariée du passeport du possesseur du compte et du mandataire (au cas où) ou d'une autre pièce d'identité acceptable (la page avec la photo et la signature)

Pour les citoyens des États-Unis et du Canada : veuillez joindre la copie notariée de votre permis de conduire

La copie d'une facture ou d'un relevé de compte pour vérifier l’adresse pour le possesseur du compte et le mandataire (au cas où)

Références bancaires pour le possesseur du compte, les mandataires (si nécessaire)

Veuillez envoyer les deux copies des documents signés et les documents joints à une des adresses suivantes (Je préfère le service courrier):

Pour l'Europe et l'Asie Pour l'Amérique et

le reste du monde

LOYAL BANK

Representative Office

Bácskai u. 1-2. fszt. 2.

H-1145 Hungary

Budapest SEDE CENTRAL & DOMICILIO SOCIAL

Cedar Hill Crest

P.O. Box 1825

VC0100 Kingstown

St. Vincent & the Grenadines

West Indies

Une fois vos documents reçus et votre dossier accepté, nous vous attribuerons votre numéro de compte (12 chiffres) et d'identification de client (8 chiffres) dans 2-3 jours bancaires. Nous vous enverrons par e-mail votre numéro de compte et d'identification de client, ainsi que les détails de virement.

Si les documents d'ouverture de compte envoyés par vous sont incomplets ou pas claires, la Banque vous contactera pour nous donner toutes les informations nécessaires. Veuillez noter que la Banque a le droit de demander des informations ou des documents additionnels.

Une fois que vous avez votre numéro de compte, d'identification de client et les détails de virement, vous pouvez transférer des fonds sur votre compte.

Premier dépôt pour couvrir les frais bancaires pour un compte avec La Carte de débit Maestro/Cirrus

Avec juste une carte Avec carte et Digipass

USD 50/ EUR 45 USD 95/ EUR 80

Inclut les frais d'ouverture de compte, la carte de débit Maestro / Cirrus, le code PIN, CAI, son émission, personnalisation et livraison par courrier régulier Inclut les frais d'ouverture de compte, la carte de débit Maestro / Cirrus, le code PIN, CAI, son émission, Digipass, personnalisation et livraison par courrier régulier

Due aux possibles frais de la banque intermédiaire nous vous suggérons de transférer au moins 100 USD ou bien 85 EUR en cas de l'ouverture de compte avec juste la carte bancaire Cirrus/Maestro et au moins 145 USD o bien 120 EUR en cas d'un compte avec Digipass et Cirrus/Maestro

Une fois les fonds sur votre compte, on émettra la carte de débit USD o EUR Maestro/Cirrus.

Premièrement, on vous enverra à votre adresse postale le code secret pour votre carte de débit, le code accès Internet (8 chiffres) pour vérification de la balance et la lettre de bienvenue (avec votre numéro de compte et d'identification de client).

On vous enverra la carte de débit USD o EUR Maestro/Cirrus et le Digipass séparément au cours des jours suivants

Vous devriez recevoir tous les articles mentionnés ci-dessus dans 5-12 jours ouvrables depuis la date de leur envoi (selon votre endroit). Veuillez préciser en outre si vous souhaitez les recevoir par courrier sécurisé à vos frais (85 $ US o bien 80 EUR). Votre carte bancaire vous sera envoyée dans un statut inactif.

Premier dépôt pour couvrir les frais bancaires pour un compte avec La Carte de débit MasterCard

Avec juste une carte Avec carte et Digipass

USD 170/ 100 EUR USD 195/145 EUR

Inclut les frais d'ouverture de compte, la carte de débit MasterCard, le code PIN, CAI, son émission, personnalisation et livraison par courrier Inclut les frais d'ouverture de compte, la carte de débit MasterCard, le code PIN, CAI, son émission, Digipass, personnalisation et livraison par courrier

A cause des frais des banques intermédiaires, nous vous suggérons de transférer au: minimum USD 200/ 150 EUR au compte avec la carte bancaire MasterCard seulement et USD 245/ 195 EUR au compte avec le Digipass et la carte bancaire MasterCard.

Quand la somme arrive, votre carte de débit MasterCard sera émise.

Le dépôt de sécurité USD 200 ou 165 EUR est à transférer seulement après la réception de la carte et le PIN.

On enverra d'abord la carte de débit MasterCard ensemble avec le Digipass (si demandé), le numéro de compte et le numéro d'identité.

Le Code PIN de votre carte de débit, ainsi que le Code d'accès à Internet composé de 8 chiffres pour consulter votre solde, vous seront envoyés par poste séparément dans les prochains jours à suivre. Votre carte bancaire vous sera envoyée dans un statut inactif.

Veuillez noter que les cartes de débit MasterCard sont toujours (fortement recommandé) envoyées par courrier sécurisé pour des raisons de sécurité. Le coût du colis envoyé est de 85,00 USD / 80 EUR par colis.

Une fois le compte ouvert, les sommes bloquées suivantes seront appliquées en raison de sécurité

Cirrus/Maestro MasterCard

Avec juste une carte Avec carte et Digipass Avec juste une carte Avec carte et Digipass

USD 60 + ou bien 50 EUR + 1% de la balance disponible a la clôture du jour précédent USD 120 ou bien 100 EUR + 1% de la balance disponible a la clôture du jour précédent USD 200 ou 165 EUR + 1% de la balance disponible a la USD 200 ou 165 EUR + 1% de la balance disponible a la

Cliquer ici pour une version téléchargeable de Frais et Charges

Ouvrir compte bancare personnel à la Suisse

Ouverture d'un compte en Suisse

Alternativas offshore banking - Moneybookers Tarjeta ATM

2011-10-18T19:01:00.000-07:00

Moneybookers.com es un servicio que te permite enviar y recibir dinero prácticamente en todo el mundo, es un servicio rápido, confiable y muy seguro.

Este servicio se puede usar con muchos fines:

- Para realizar pagos a personas fuera de nuestro País (en forma barata)
- Para realizar compras en internet en forma muy segura y rápida.
- Para recibir pagos desde cualquier parte del mundo por bienes o servicios que hayamos vendido en internet,
- Para enviar dinero a nuestros familiares que están en otro País (o recibir dinero)

Una de las ventajas más interesantes de Moneybookers, es que el dinero que recibimos, lo podemos transferir directamente a una cuenta bancaria en casi cualquier País, a un bajo costo, (solo 1,8 € por transacción más el monto que cobre tu banco por recibir dinero en tu cuenta, que en algunos casos es cero, 3.5€ para retirar dinero mediante un cheque y 1,8€ mediante una tarjeta visa), en forma segura (ya que el dinero lo verás acreditado en tu cuenta bancaria en dos días hábiles) y con ventajas sobre los giros de dinero que se hacen mediante otros servicios (por ejemplo, toda la transacción puede ser electrónica y también el servicio esta disponible en todo el mundo)

Las características de seguridad de Moneybookers hacen que este servicio sea muy confiable, especialmente por el procedimiento para la verificación de tarjetas de crédito, que hace que sea virtualmente imposible que usen una tarjeta de crédito sin el consentimiento del dueño. (en el futuro explicamos el paso de verificación de la tarjeta de crédito)

Para comenzar:

1. Lo primero que hay que hacer para usar el servicio de Moneybookers es inscribirse en el servicio, puedes hacerlo desde el siguiente enlace:

Moneybookers.com

Nota: Al inscribirte no es necesario brindar tu información confidencial (como el número de cuenta o número de tarjeta), esta información la introduces sólo cuando vas a realizar transacciones y solo por una vez.

2. En esta pagina, ingresas en el botón {Registro}

3. En la página que se abre, ingresas los datos que te piden. Es importante mencionar que selecciones cuidadosamente la moneda que vas a usar, pues no te permiten cambiar la moneda luego.

Presiona el botón {siguiente} y te dara un mensaje pidiendote que revises tu correo electronico.

4. Entra en tu cuenta de correo electrónico y allí verás que te enviaron un mensaje de verificación, abre el mensaje y entra en el enlace que te envían allí (es posible que tengas que copiarlo y pegarlo en la barra de direcciones de tu navegador), y el paso de verificación de tu correo electrónico estará completada.

5. En la pagina que se abre, te pedirán que ingreses el resto de tus datos personales, también es importante señalar que te fijes bien el colocar la fecha de cumpleaños correcta, pues, por seguridad te preguntaran este dato cuando vayas a transferir dinero. Cuando hayas introducido todos tus datos, presiona {siguiente}

6. Finalmente confirmas tu registro en la última página y listo, podrás comenzar a usar tu cuenta de Moneybookers. Para confirmar, selecciona la caja en la que aceptas los términos y condiciones y presiona el botón que dice {confirmar}

7. Y listo, entraras en la pagina de tu cuenta!

Allí puedes ver que tu saldo es 0,00

Con tu cuenta habilitada, ya estas listo para recibir dinero de otros usuarios de moneybookers y operar tu cuenta con la banca offshore o tu banca local.

.

Anonimous no name debit Card

2011-09-09T17:03:00.000-07:00

ATM Card Vendor : Worldwide delivery debit Card

Secure Offshore Bank
Private and confidential
Online access and real-time reporting
Instant transfers from card-to-card
Bulk (multi-card) transfer capability
Merchant/Reseller plans
Wide range of funding options:
Bank Wire
ACH
Western Union
Moneygram
Cheque or Money Order
Convenia Load
Ukash

Latest offshore card solution – a no-name offshore Visa Electron pre-paid debit card denominated in EUR issued by a stable Cyprus based bank (FBME).

These cards have the 3 digit CVC code on the back activated so that they can be used like a credit card for internet and mail/telephone order transactions. They are accepted at all merchants anywhere Visa is accepted worldwide so long as the merchant processes their cards electronically which is now almost universal. The card is accepted at all ATMs with the Plus and/or Visa logo and has a EUR 3,000 (USD 4,050) daily cash withdrawal maximum. The POS daily maximum is the same as well, however it is possible to do a single transaction up to the daily EUR 3000 (USD 4050) limit in this way.

Each card can be loaded with a maximum of EUR 80,000 (USD 108,000) per annum and this amount can be loaded in its entirety upon activation if desired. Two cards are allowed per cardholder. Card fees are as follows: ATM cash withdrawal fee: EUR 3.80, POS transaction fee EUR 1.50, monthly fee EUR 3.80, load fee EUR 2.65 (+ 1% by wire transfer, + 3% by cheque, + 6.5% by Western Union or Moneygram, other e-payment and e-currency load options to be announced shortly).

The card cost is EUR 95 (USD 128) and additional cards cost EUR 50 (USD 67). Shipping can be by international postal mail which is free but can take quite a few weeks so we strongly recommend paying extra for courier delivery which is EUR 30 (USD 40). You will also need to send EUR 100 (USD 135) per card as an initial card load as the bank will not activate a card account without a minimum deposit just like a regular bank account cannot be opened without an initial deposit. These cards are like separate numbered bank accounts and transfers can be made from card-to-card.

After order you will have to return signed application original and identity document copies - simple copy of passport and other document showing your address such as utility bill, bank statement, driver licence etc. If you don’t have a passport a driver licence or government identity document will suffice along with utility bill or other document showing your address.

How to get credit cards and loans in Dubai

2011-09-06T16:59:00.003-07:00

It is not easy to get the approval for a credit card in Dubai because the bank has to make sure that the credit card holder is reliable enough to pay the installments. While it definitely helps if you hold a good and well-paying job in Dubai or a top job in Abu Dhabi or in the UAE elsewhere, that alone does not always guarantee your application for credit will be accepted. While sophisticated methods of assessment have developed in the world's banking sectors, the UAE is perhaps in its developmental stages of perfecting a reliable credit assessment technique.

While banks in developed economies use credit rating agencies and credit bureaus for their assessments, banks in the UAE have relied on informal methods of checking such as salary transfer letters or internal blacklists.

The UAE Central Bank runs a risk bureau, to which banks are required to report cases of loan defaults.

Credit bureaus and credit rating agencies are vital for the banking sector but unfortunately a credit rating agency is not available yet while only a relatively new credit bureau has been established in the UAE.

List of Banks in Dubai

2011-09-06T16:58:00.001-07:00

ABN Amro UAE

ABN AMRO is active in four principal customer segments in the region: Consumer Banking, Private Banking, Business and Commercial, and Corporate and Institutional.

Khalid Bin Waleed Street

P.O.Box 2567

Dubai, United Arab Emirates

www.abnamro.ae

Tel.: +9714.3512200

Arab Emirates Investment Bank P.J.S.C.

International Research from the renowned Investment Banks and Fund Managers available to Institutional investors is constantly updated at AEI Bank. Its clients can benefit from its institutional status and it can guide them to make suitable investments on the basis of over twenty seven years of rich, successful experience and critical analysis of complex financial markets.

904 Twin Towers, Bani Yas Street

P.O.Box 5503

Dubai, United Arab Emirates

www.aeibank.com

Tel.: +9714.2222191

Fax: +9714.2274351

Bank of Baroda

Bank of Baroda seeks to help stakeholders realize their goals by aiming to be a one-stop, reliable partner that can help them address their different financial needs.

Government of Dubai Real Estate Building,

Ali Bin Abi Talib Street, Bur Dubai

P.O.Box 3162

Dubai, United Arab Emirates

www.bankofbaroda.com

Tel.: +9714.3530839

Bank of Sharjah

For Bank of Sharjah, corporate banking does not stop at basic account management or advice on financial investments. It evolves with one's daily business activities.

Al Garhoud Street

P.O.Box 27141

Dubai, United Arab Emirates

www.abnamro.ae

Tel.: +9714.2827278

Fax: +9714.2827270

Citibank UAE

One can withdraw cash, transfer funds and make deposits at his convenience. Citibank UAE branches are open from 8a.m. to 6p.m. to serve their customer's needs so they can have the flexibility of meeting their experienced bi- lingual (usually English and Arabic) personal bankers at any suitable time for them.

Khalid Bin Waleed Street, Bur Dubai

P.O.Box 749

Dubai, United Arab Emirates

www.citibank.com/uae

Tel.: +9714.5074104

Fax: +9714.3528654

Commercial Bank International

The bank has a wide portfolio of customer focused services in the retail and commercial banking range from Personal Accounts, Credit Cards, Car Finance, Personal loans, Housing Loans to Commercial, Real Estate and Project Finance Loans in addition to the Trade Finance which is performed through well established mutual correspondent relationships with most of the leading banks and financial institutions over the world.

Al Rigga Street

P.O.Box 38344

Dubai, United Arab Emirates

www.cbiuae.com

Tel.: +9714.2275265

Fax: +9714.2279038

Commercial Bank of Dubai

The bank offers a wide range of retail and commercial banking products and services at par with any other bank in the industry with a network of 21 branches (14 in Dubai itself).

P.O.Box 2668

Dubai, United Arab Emirates

www.cbd.ae

Tel.: +9714.2121819

Fax: +9714.2121875

Credit Suisse Group

Credit Suisse Group is a world-leading financial services company, advising clients in all aspects of finance, around the world, around the clock.

The Gate, 9th floor East, DIFC

P.O.Box 38344

Dubai, United Arab Emirates

www.credit-suisse.com

Tel.: +9714.3620000

Fax: +9714.3620001

Dubai Bank

Their mission is to create value for their stakeholders by offering premier Shari a-compliant products and services, differentiating themselves through innovation, commitment to excellence, in-depth understanding of customer needs and fast, efficient delivery of service aided by state of the art technology.

P.O.Box 65555

Dubai, United Arab Emirates

www.dubaibank.com

Tel.: +9714.3365555

Dubai Islamic Bank

Whether one is already a customer, or looking for a bank that's refreshingly different, he will discover why Dubai Islamic Bank is always the first choice for discerning clients who are seeking quality, service, and value for money

P.O.Box 1080

Dubai, United Arab Emirates

www.dib.ae/en

Tel.: +9714.3512200

Emirates Bank International

The flagship of the Emirates Bank Group, Emirates Bank epitomizes the dynamism of the Group. Since its inception in 1977, it has constantly strived to offer cutting-edge corporate and retail services, and products through investments in technology and a commitment to excellence in service.

Beniyas Road

P.O.Box 2923

Dubai, United Arab Emirates

www.ebi.ae

Tel.: +9714.3160316

Fax: +9714.2264302

Emirates Islamic Bank

Emirates Islamic Bank was launched in 2004 to provide high quality Islamic banking services across the UAE. It offers a range of Shari'a compliant products and services conforming to the highest standards of Islamic finance and all its activities are overseen by a Shari'a board comprising several prestigious scholars of Islamic law.

Dubai, United Arab Emirates

www.emiratesislamicbank.ae

Tel.: +9714.3160101

Fax: +9714.2227321

HSBC International

The HSBC Group serves over 125 million customers worldwide from over 10,000 offices in 82 countries across the globe - truly making it "the world's local bank".

www.offshore.hsbc.com

Tel.: +9714.8822007

Lloyds TSB Dubai

Lloyds TSB Bank has been in Dubai since 1977. Its dedication to customer service and specialist expertise has put it at the forefront of banking throughout the Gulf countries.

P.O.Box 3766

Dubai, United Arab Emirates

www.lloydstsb.ae

Tel.: +9714.3422000

Fax: +9714.3422660

Mashreq Bank

Mashreq is one of the largest private banks in the UAE (UAE) with a growing retail presence in the region including Qatar and Bahrain.

Khalid Bin Waleed Street

P.O.Box 1250

Dubai, United Arab Emirates

www.mashreqbank.com

Tel.: +9714.2174800

Fax: +9714.2238830

meBank

Especially designed to fit to each individual's lifestyle, meBANK epitomizes one's personality and the way he banks. Contemporary and trendy, its philosophy is to elevate the banking experience to satisfy each individual's preference.

P.O.Box 2923

Dubai, United Arab Emirates

www.me.ae

Tel.: +9714.3160316

National Bank of Dubai

The Bank prides itself on service and customer satisfaction, and constantly strives to endorse the values of trust and integrity that it has always stood for. At the same time the Bank believes in serving the changing needs of its clients with responsiveness and innovation.

P.O.Box 777

Dubai, United Arab Emirates

www.nbd.com

Tel.: +9714.2222111

Fax: +9714.2283000

Shuaa Capital

Launched in 1998, SHUAA Capital has continuously expanded the range of its investment activities beyond its original Private Equity focus to encompass a broad spectrum of financial services including asset management, investment banking, brokerage and advisory and investment research.

Level 28, Emirates Towers, Sheikh Zayed Road

P.O.Box 31045

Dubai, United Arab Emirates

www.shuaacapital.com

Tel.: +9714.3303600

Fax: +9714.3303550

Standard Chartered Bank

Standard Chartered Bank is one of the leading banks in the UAE, offering an extensive range of products and services for personal customers, local companies, multinational corporates and financial institutions.

Khalid Bin Waleed Street

P.O.Box 999

Dubai, United Arab Emirates

www.abnamro.ae

Tel.: +9714.3512200

Fax: +9714.3526679

UBS

UBS is one of the leading global asset and wealth managers in the UAE, and a top tier investment banking and securities firm.

Baniyas Road, Deira, Dubai Creek Tower, Office 17A, 17th floor

Dubai, United Arab Emirates

www.ubs.com

Tel.: +9714.2240044

Fax: +9714.2220006

Union National Bank

UNB offers a variety of products and services, addressing needs ranging from basic requirements of individuals to the more complex requirements of corporate entities. Electronic delivery channels, supported by an extensive network of Banking Centers spread across the emirates, offer greater banking convenience to customers.

Omar Bin Katab Road

P.O.Box 6811

Dubai, United Arab Emirates

www.unb.co.ae

Tel.: +9714.2211188

Fax: +9714.2243501

United Arab Bank

United Arab Bank's primary business includes tailor-made services in both corporate and retail banking. The head office is located in Sharjah and has a network of 9 branches in the UAE.

Al Salemiyah Tower, Baniyas Street

P.O.Box 45791

Dubai, United Arab Emirates

www.uab.ae

Tel.: +9714.2220181

Fax: +9714.2274309

Other Foreign Banks with Branches in Dubai

Bank Website

Al Ahli Bank of Kuwait www.eahli.com

Bank Saderat Iran www.saderbank.com

Banque du Caire www.bdc.com.eg

Barclays Bank www.barclays.ae

BNP Paribas www.habibbank.com

Rafidain Bank (Iraq) www.rafidain-bank.com

Local (UAE) Banks

Bank Website

Abu Dhabi Commercial Bank www.adcb.ae

Ajman Bank www.ajmanbank.net

Arab Bank of Investment and Foreign Trade www.arbift.ae

Emirates Industrial Bank www.emiratesindustrialbank.net

Invest Bank www.invest-bank.com

Noor Islamic Bank www.noorbank.com

National Bank of Ras al Khaimah www.rakbank.ae

National Bank of Fujairah www.nbf.ae

National bank of Umm el Quawin www.nbq.ae

Ras al Khaimah Bank www.rakbank.ae

Sharjah Islamic Bank www.sib.ae

Offshore Banking On The Internet

2011-09-06T16:49:00.001-07:00

Offshore banking is generally accepted as using banks and financial services located outside of the jurisdiction of your country of residence. People choose to use offshore banking services for extra privacy, tax efficiency, or asset protection. Offshore Banking services also tend to be less regulated than domestic banks, depending on where one resides. They suffer fewer restrictions from governments because they are often located in countries where the laws are more lax.

Since these banks are less regulated and tend to be in different jurisdictions that tend to be easier on taxes, it’s obvious the financial benefit of moving assets offshore. These banks also offer confidentiality and privacy because they usually have no obligation to divulge information to any body of government or tax authority. It follow then that people cannot sue you for something they don’t know you have, thus offshore banks provide a good way of protecting assets. Some companies even provide anonymous account numbers so it becomes extremely difficult to locate assets.

Offshore banking on the internet was traditionally offered by the more innovative and forward thinking institutions, up until a few years ago. Smaller companies didn’t feel the need to move online, so they didn’t offer this service to their customers. As we know, the times change and the world is getting smaller every day. Online services are essential in the banking industry due to the availability of the technology. We want our financial information right now!

This service is even more crucial when we consider an offshore account. Who has time to wait for a letter from a bank in Belize or the Cayman Islands? That’s why we have the internet. Offshore banking on the internet has been growing rapidly and has provided many benefits to customers.

HSBC Offshore and Lloyds TSB were among the first to start using online banking services to meet the needs of their international customer base. It’s now become a standard service offered by offshore banking providers due to the realization that those who work sporadic schedules or live in different time zones who have to make several transactions or transactions in multiple currencies will need instant access to information and support that can only be afforded by internet banking.

As stated before the technology is currently changing and the world is getting smaller as time goes by. Information can be transferred across the world instantly and physically getting around doesn’t take that much longer anymore. This also means that things in this day and change are also changing at an accelerating pace. This can be seen not only in the business environment, but also in many areas of modern life. Things need to be constantly updated because nothing stays still. This is especially crucial in financial matters. Foreign exchange markets require instant data to make the best investment decisions. people who work in international business need this service too to remain competitive.

Thankfully offshore banking centers are improving to match their capabilities to those needs. The competition helps make it nice and cheap for the common folk.

Offshore Banking On The Internet

2011-09-06T16:48:00.001-07:00

Offshore Investment Banking

2011-09-06T16:43:00.001-07:00

Governments and onshore financial institutions are constantly trying to misinform us about the legitimate nature of offshore investment banking. A lot of people are now taking to time to research and are finding out the many benefits of the offshore world. Of course it’s worth mention before I get ahead of myself that offshore banking is not for everyone and experienced financial advisers should be consulted before actually investing offshore. Like any other financial decision due diligence should be performed before any cash is spent.

It’s usually believed that just the famous and the rich can benefit from investing offshore, but that is changing now. Regular everyday people like you and I can start enjoying offshore profits too, and best of all, it’s not even that hard to do. With the internet and innovative offshore investment banking services, an individual can remotely manage funds without ever needing to travel to the jurisdiction or having to meet face to face with representatives of the investment company managing the funds. The confidentiality and asset protection of assets in offshore investments is effortless due to the majority of jurisdictions imposing strong anti-disclosure regulations on the financial institutions operation within their borders. you don’t have to do much to keep your investments under wraps.

due to the recent money laundering clampdown, those who select investment vehicles that provide added flexibility and the ability to invest online or over the phone will now be required to prove identity and show that the funds backing the investments are legit, but these should be the only requirements and the jurisdiction shouldn’t have any other requests. Even the initial requirements can be done by public notaries.

Another strategy is to expatriate or take up residence in another jurisdiction, thus changing who you have to report to. This can land you in a place where reporting regulations are far less strict therefore allowing you to enjoy all the offshore advantages and tax-saving benefits possible.

International business is the new trend and large financial institutions that need to expand their clientele base focus on making it easier for international customers to access their services. This is a good thing, because a lot of these offshore investment banking services offer highly competitive investment vehicles and a lot of times generate greater returns on investments than domestic investments. Another added bonus is the tax havens that the offshore investments banks are located in allow for tax free growth of the investment until maturity. These institutions also make it easier on the remote investor.

Investment banking abroad has proved to be profitable if approached properly. The higher interest rates and looser regulations and restrictions on what one can do with an account allow for greater opportunities for success. One other benefit of investing online is that newer business opportunities that you wouldn’t usually come across in your country become within your grasp because the international markets have many more participants and players. The chance to come across interesting investments that could realize unusual profits also keep investing and banking offshore interesting.

Opening Mauritus Bank Account

2011-09-06T16:42:00.002-07:00

The HSBC Bank located in Mauritius offer offshore multi-currency accounts, high yielding personal and fixed term accounts in all major currencies including the US dollar, UK Pound Sterling, the Euro, and the South African Rand. Accrued interest is free of withholding tax. Tiered interest rate schedule with rates adjusted periodically.

The HSBC electronic banking system delivers the highest quality international money transmission services. The latest banking technology is implemented and includes communications and payment systems allowing for fast identification and credit of remittances in all major currencies.

HSBC offers a comprehensive range of trade finance facilities and services. These services cater to the needs of offshore trading companies (see the website for details). Mauritius offshore banking offers a wide range of multicurrency corporate lending services, including bills discounting, syndicated and cross-border loans, project and capital finance, and short to medium term finance.

Barclays Offshore Banking Unit in Mauritius is a full branch of Barclays Bank Plc, United Kingdom. Barclays Mauritius, maintains about 2500 corporate and personal accounts. Bank services include international inward and outward payments, interest bearing call accounts, structured investments, currency, multi-currency check books, foreign exchange and custody services.

The Hong Kong Shanghai Banking Corporation offshore banking unit, in Mauritius, operates as a branch of the Hong Kong Shanghai Banking Limited and as a member of the HSBC group. Services include personal banking, trade finance, corporate and investment banking, electronic banking, cash management, treasury and foreign exchange and securities custody and clearing services.

These Mauritius Offshore Banking Units have departments with people who are familiar with all of your personal and professional banking needs. They will take away some of the confusion by helping you choose the account package that is right for you. There are fees for these services but they are usually modest.

Mauritius also has affiliates in the Seychelles. Their partners are Barclays and Nouvobang. Many of their clients bank with Barclays in the Isle of Man, and in London. The Barclays group has been in commercial banking for over 300 years and have a strong credit rating and a worldwide reputation for its vast range of services. In Luxembourg they work with Dexia Banque Internationale a Luxembourg SA. This is a full service bank started in 1865 with a multi-national staff. They specialize in the needs of businesses for confidential banking. In Switzerland they work with many banks, including Union Bank of Switzerland.

The fact is that you will be able to choose which bank you want to work with. You can research each bank and what they have to offer in the way of offshore banking accounts. When you choose the right offshore bank you may be able to customize the perfect offshore bank account package for your situation. A Mauritius offshore banking account may be just the account you have been looking for to serve all of your personal and professional needs. As you can see, there are many Mauritius banks to choose from so you will have an array of bank account packages to choose from.

What is offshore banking?

2011-09-06T16:42:00.000-07:00

Offshore banking can be defined as using the services of a bank located in a different jurisdiction or country than the depositor resides in. Offshore banks are usually located in places considered as tax havens and also provide additional confidentiality and security for the depositor.

The term offshore was originated from the British Channel Islands, tax havens located literally offshore from the United Kingdom. These were the original tax havens and they started the usage of the term offshore for describing the industry. Those islands became major international banking centers because of those tax benefits and regulations. They were optimal places to hold assets abroad or save and invest.

Offshore bank accounts are often less regulated than domestic banks due to fewer restrictions from their governments. This allows for more types of offshore banking accounts and ways in which they can be manipulated.

Offshore banking has become a major worldwide business that circulates $2 Trillion every day. That’s a far shot from just a few decades ago where there was a very limited number of offshore financial centers, which were usually surrounded by myths of drug money and illegal activity.

What services are available?

Just like with your regular domestic banks, you can obtain a full spectrum of services can be obtained from your offshore banking center.

These services include personal and corporate checking and savings accounts. These offshore financial centers also offer secure internet banking facilities that allow for wire and electronic funds transfers, debit and ATM cards which are accepted worldwide, credit cards, Loans and mortgages. Some even go so far as offer Anonymous numbered accounts to provide for extra confidentiality.

Investment management and custody is also provided by some banks. They also have Corporate Administration services, trustee services, fund management and foreign exchange. Banks tend to specialize between retail and private banking, so all the listed services might not be available at every bank. retail banks tend to be more economical and offer standard services. Private banking services, while more costly than their retail counterparts, tend to offer more personalized services for their clients.

Advantages

Privacy is the first to come to mind, considering that offshore entities have no obligation to release any of your personal or business information. Unless evidence can be shown proving your involvement in criminal activity, your information will not be given to any governing body or tax authority. Pretty much, they can’t sue for or seize things which they don’t know exist.

Because of offshore banking centers usually being located in Tax havens, your assets can grow almost free from any form of taxation. Thus, tax efficiency is another important benefit of holding assets overseas. This does not mean that you can avoid taxes altogether. There may be tax liability when trying to retrieve your assets to your country of residence.

Asset Protection is another one of the main benefits offered by offshore banking services. Holding offshore accounts gives you protection from Invasive bureaucracy, lawsuits, and it also protects your assets from seizures.

Is Offshore Banking Legal?

2011-09-06T16:41:00.002-07:00

This is one of the frequently asked questions about offshore banking, and in short, YES, offshore banking is legal. Offshore banking is so legal that, it’s always going to remain legal. Offshore banking is a benefit to all of society and is indispensible. Using offshore banking for tax evasion purposes is what is not legal, and that is usually what is associated with offshore banking in general and is the cause of the misconception. Offshore banking is also associated with criminal activities such as money laundering. This article will clarify the distinction and examine why offshore banking will remain legal.

The term offshore was originated from the British Channel Islands, tax havens located literally offshore from the United Kingdom. Now the term is used to refer to all tax havens whether islands or not. Technically, just moving your money from an account in your country of residence to another jurisdiction is considered offshore banking, even if it’s not a tax haven. This is the main reason why offshore banking will always be legal. How can it be illegal to move money from one country to another?

Individuals and businesses, large or small, and even governments all have the need to move money around the world. If moving money from one country to another was illegal, our global economy would have serious problems and i don’t see how we could make it. We are constantly ordering items from eBay and some do so from other countries. People use Paypal accounts to transfer funds when ordering online. Governments are involved in import export activity and have to pay for it somehow. So again, no one can stop you from taking your money to another country; it is a legal and everyday process that will remain that way.

The thing that is NOT legal is banking offshore for tax evasion. Depending on which country u reside in, it is usually illegal to take money out of the country or making money overseas and never submitting it to your country of residence or declaring it. as stated, this depends on your tax status and country of residence. For instance, in the United States, the federal government requires all citizens to declare all taxable assets regardless of where they are located in the world. Failing to do so is committing a criminal offense. There are ways around this though, such as expatriating for certain amount of time to save on taxes. International companies can also reduce their tax burden through using a slick network of offshore bank accounts and IBCs. And another thing to keep in mind is that a lot of countries don’t charge income tax on money earned out of the country and brought in. They also don’t tax interest earned on accounts.

So, if US citizens and UK and European citizens can’t even save tax through offshore banking, how can it be beneficial?

Saving on taxes is not the only advantage of using offshore banking accounts. There are many other benefits, including but not limited to:

-Optimized account Privacy

-Protection from aggressive litigations

-More competitive account structures ad interest rates

-global access to your money

-Ability to bank in multiple currencies

-Access to global business opportunities

And not to forget that those who reside in countries with corrupt or unstable economic systems have the opportunity to bank in an economically and politically stable jurisdiction.

What Is Offshore Banking And Bank Account?

2011-09-06T16:41:00.000-07:00

If you want to invest in property, save some money tax-free, or form a corporation, protecting your assets with an offshore bank account is a great idea. You have a choice of which offshore bank you want to open an account with. Your offshore banking and bank account should include an account package that is tailored for your business needs.

There are hundreds of offshore banks in many different countries around the world offering your choice when it comes to banking, corporate structures, and help moving your assets. When choosing an offshore bank, you may want to get references from satisfied customers, but you will definitely want to do your homework and find out how many clients they have and how much they are worth before you open a bank account with them.

When looking for an offshore bank, you want to find one that offers you more than one jurisdiction and a wide range of multicurrency bank accounts. Some clients prefer an anonymous ATM card that does not have their name printed on it. They are able to withdraw money anonymously anytime they feel the need.

An offshore bank, bank account is usually in a low tax jurisdiction that provides legal and financial advantage over banks in the US. The advantages of having an offshore bank, bank account are: Strong privacy and secrecy, easy access to deposits, less restrictive legal regulation, protection against local financial instability, and low or no taxation.

Offshore banking has been linked with underground economy and organized crime, by way of tax evasion and organized crime. However, offshore banking does not prevent ones assets from being subject to personal income tax on accrued interest. Certain people who meet complex requirements, and the personal income tax of certain countries. If you are a US citizen and are subject to income tax you are required to declare income on or be penalized. Offshore banks may decide not to report income to other tax authorities and are not legally bound to do so because they are protected by bank secrecy. The taxpayer is legally bound to report all taxable income. There has been a demand for more regulation on international finance concerning offshore banks, tax havens and clearing houses, being accused of being a haven for the flow of illegal money.

Those who defend offshore banking claim the process is prompted by the desire of regular banks and tax agencies to have access to the money in offshore accounts, and not by security and financial concerns. They feel the domestic banks are threatened by offshore banks and are trying to get rid of the competition.

Offshore banks give a person access to politically and economically stable jurisdictions. Those in areas where there is a risk of political turmoil who fear they will have their assets frozen or seized. Some offshore banking bank accounts operate with a lower cost base and can offer higher interest rates, due to a lack of government intervention. Offshore finance is one of the few industries, beside tourism, that remote island nations can engage in. This could help developing countries create growth in their economies.

Interest is usually paid by offshore banks without tax deduction. This is an advantage to individuals who do not pay tax on worldwide income. Some offshore banks offer different services than domestic banks. Higher interest rates, and anonymous bank accounts are a couple of the services offered by offshore banks.

What Are The Offshore Banking Secrets To Make Huge Amounts Of Money?

2011-09-06T16:40:00.003-07:00

In investigating offshore banking secrets to make huge amounts of money, I ran across several articles that warned the information may be inaccurate. I am reporting to you what I have gleaned from this information. It will be up to you to check out the accuracy of this information before you make any major decisions about your money and how to invest or bank it.

There are two types of high yield investment programs available. The first has to do with offshore banking, secret international financial rules approved by the US Federal Bank, or Treasury department. The second involves small investments and trading in gold, currency, or futures.

If you are contacted about participation in the first program, it will usually involve an offshore bank or investment house. The person who is trying to get you to buy in will claim there is a legal loophole in income taxes or international lending. You will be solicited to buy into this program, being told you will make huge profits within 30 to 90 days. When the 90 days passes and you have seen no money, the person who got you involved will tell you to be patient that the money is coming. This person will also ask you to sign up other people, claiming the more people you can bring into the deal will help him to pay you what you are owed. You need to realize there is no loophole in income tax rules, nor are there any secret rules involving international lending. This is fraud plain and simple, and if you participate in this scheme You may be charged with attempted fraud. You need to steer clear of this scheme and notify the authorities immediately.

The second investment program is about smaller amounts of money. These programs say they will pay out 1-10% a day. Even up to 100% per month. It is important to know that while a great deal of these programs are scams, some of them may be legal. This usually involves day trading in the stock market, on futures, gold, and currency. You could put in as little as $20 in the program and earn a percent or so every business day. You will be allowed to withdraw the funds at any time, although by leaving the money in, your earnings would grow and give larger payoffs.

Experienced day traders actually do make anywhere from 1-20% each day. This average is more like 2% a day. The money you pay into the program would be put together with the money of other participants and invested by the day trader using 50% margins, the trader could pay 1% daily to the investors and still make money on the deal. If the trader is good at what he does, he could be right about 80% of the time and never lose more than 3% of the investment on bad trades. This program is workable and is not a scam, unless the day trader does not plan on giving back any of the proceeds. You will have no way of knowing which is true.

Another type of high yield investment program involves the selling of ebooks and software. Invested money is put together and spent on advertising for the sale of ebooks and other software that can be downloaded. It is run on the principle that for every $100 spent in advertising, a return of $300 in revenue will be realized. A payout of 50% a month can be realized for the investors. This program can work, but there is a limit to how long it will last. The market for the product will soon be saturated and the sales will decline. The profits would wane and the program would have to be shut down. Those who got in at the beginning will be the winners here.

These are a few of the many offshore banking secrets to make huge amounts of money. Others can be found on the internet. Use caution when something sounds too good to be true, as it probably is.

HSBC Offshore Internet Banking

2011-09-06T16:40:00.001-07:00

The world’s local bank, HSBC is a leading force in the offshore banking industry by offering a wide range of services for expatriates and people looking to bank and invest abroad. They can live up to their boast of being the world’s local bank by forming and keeping strong ties and connections with banks throughout the world, allowing them to maintain a global presence.

Offshore banking usually refers to using the services of banks and financial services located outside the account holder’s country of residence. Such banking institutions are usually located in jurisdictions considered as tax havens. Oftentimes investors and those who chose to expatriate are able to grow investments to maturity tax free. Other benefits of offshore banking include added confidentiality and privacy. Some offer anonymously numbered accounts and reside in countries that impose strong secrecy enforcement laws.

Now with the advances in technology and the globalization of business worldwide, the need to conduct business abroad is more prevalent than ever. More and more individuals and businesses have the need for offshore banking services such as HSBC and other major international financial centers. Not only do we have a greater need for international bank accounts, we also require instant access to account information and customer support, either through the phone or the internet. HSBC and other major offshore banking services have caught on to this and have focused on being geared towards meeting clients’ needs.

HSBC excels in providing top of the line quality products and services that anticipate customer needs and improve the offshore banking experience. HSBC offshore banking service is the division of HSBC that handles international accounts. They offer everything from aiding in providing temporary housing to establishing local and multi-currency bank accounts. Health insurance services are also provided.

Online offshore banking services have become a must and HSBC offers instant access to financial information and customer support on the internet or over the phone. The new innovations and advances in software have also enabled HSBC and other online financial service providers to upgrade their security systems. That’s part of the reason offshore banking services are known for privacy.

Asset protection is also a major issue among individuals and corporations alike. Holding assets overseas offers an extra layer of protection from lawsuits and malicious litigations. Although governments have started cracking down on those laws, with an attempt to tighten the regulations on these banks, these companies are still able to maintain a high level of discretion and are still worth your time.

A frequently asked question is whether offshore banking is legal or not. This is due to the fact that offshore banks have usually been associated with the wealthy and famous, and have been surrounded by illegal activities, such as money laundering and drug money. The fact is offshore bank accounts are legal and will remain that way for the simple fact that holding an offshore account just means transferring assets to another country. The international economy depends on the ability to move funds in and out of countries, even governments have this need. Offshore bank accounts are legal and will remain that way.

Not only that, they are now beneficial to the common person. It’s no longer the way it was when offshore accounts were reserved for the seven figure group. now you and I can take advantage of these banks and we can have access to it all instantly on the internet. HSBC offers some of the most exciting and dynamic financial vehicles in the offshore banking industry. It’s definitely worth checking to see if you can benefit from a HSBC offshore account.

Free Offshore Banking

2011-09-06T16:38:00.001-07:00

Offshore banking means transferring money and assets overseas to be managed by banking institutions in jurisdictions outside of your country of residence. The term offshore refers to the British Channel Islands just located physically offshore from the main land. Those islands were tax havens, thus becoming very attractive places to establish investments that can grow tax free. Banking institutions flocked to the opportunity to take advantage of those islands. Other countries that offer those same benefits began following suit and the practice became widespread. Now the term has been expanded to mean just having assets anywhere outside of your own country of residence. Usually those jurisdictions have laws in place that favor the offshore banking industry. Those laws usually enforce privacy and confidentiality as a requirement from banking institutions. They also have less strict restrictions and regulations allowing for more flexible offshore accounts that are easier to manipulate in various ways.

There is plenty of free help and information available for anyone interested in getting involved in the offshore banking world. It should be noted though that before any commitment decided upon, financial help is an important factor. Because of the lax rules and regulations that come with the international banking industry, there are many possible risks to take into consideration before investing.

Also, it’s not free to establish an offshore banking account. They usually require a sizable sum of money in most offshore banking accounts. This ranges from around two thousand dollars to ten thousand dollars, depending on the account type and period of holding. I should probably mention that the longer you leave money in the account untouched, higher interest are possibly achievable. Of course this depends on the offshore banking institution you chose to do business with. That’s why experienced help is indispensible before investing any sum of money.

A few offshore banks can boast low initial deposits depending on the banking vehicle chosen. Some range from no money to a very small deposit such as one dollar. The documentation requirements in some jurisdictions’ banks are very few and often only one document is required. This can be seen from banks such as HSBC, which markets itself as “the world’s local bank.” They also offer superior online services that enable customers from anywhere in the world to access their account information. HSBC has a reputation of researching and developing some of the most flexible and customer savvy international banking accounts available. That is why their accounts are some of the most sought after in the industry.

Free offshore banking information can be obtained from many sources both online and off. There is plenty of material to research for free that can help those that are interested make educated decisions that can change your offshore banking experience. This information is available to both corporations and individuals, although business may need more data which may be more costly if they want to optimize profit opportunities.

Offshore banking has become a large industry that circulates trillions of dollars on a daily basis. The competitions has become fierce and banks are willing to offer more for less or free to attract new customers and to inform people that could benefit the most from their services.

Philippine Bank account

2011-09-06T16:36:00.000-07:00

The Philippines have many offshore banks. One such offshore Philippine unit is Maybank (Malayan Banking Berhad). Maybank is the largest bank in Malaysia with over 300 domestic branches and over 30 international branches. Maybank gained its license in the Philippines and has offshore banks in Southeast Asian markets, including Brunei, New Guinea, Vietnam, and Indonesia. You will also find Maybank in New York and London.

Maybank was the first Malaysian bank to open a branch office in China. Maybank operates quite a few specialized subsidiaries in finance sectors. These subsidiaries include Mayban Life Assurance, Mayban General Assurance, and Mayban Takaful, which is involved in developing insurance products in tune with Muslim law, Mayban Discount, Mayban Investment Management, Aseam Credit, Aseam Unit Trust, Mayban International Trust, Aseam Group, and Aseambankers Malaysia Bhd. As of December 2006 Maybank had total assets worth over $66 billion. This placed them in the top 120 banks in the world.

The Deutsche Bank appointed Enrico Cruz as Chief Country Officer in the Philippines in July 2003. Mr Cruz is also Senior Vice President at CityTrust Banking Corpotation in the Philippines. Mr. Cruz has a strong market understanding and an approach that puts the client first. He will lead the expansion of the Deutsche Bank in the Philippines.

The Deutsche Bank has over 758 billion in assets (Euros), has 13 million clients, serves 76 countries throughout the world generating exceptional value for its shareholders. The Deutsche Bank is among global leaders in banking, transaction banking, private wealth management, asset management, and private and business banking franchise in Germany and other countries in Continental Europe. The Deutsche Bank has more than 30 offices in 15 countries, and has a full commercial banking license in the Philippines. This bank operates as an offshore banking unit in Manila.

Lancaster Condotels is another banking in offshore Philippine unit. PLC International Marketing Networks based in Manilla, recently employed the internet based E-Quity.com with offices in London as their marketing partner in the UK for Philippine Condotel Investments. Several private investors and investment trusts in Europe and the UK, have turned to Condotel developments in Metro Manila and Cebu.

The Philippines offers World Class Investment Opportunities in Real Estate for offshore investors from the UK and Europe who want to buy investment real estate properties. Pacific Concord Properties has introduced a new easy payment plan for the Lancaster Artium Manila Condotel Suites. A studio unit can be bought with no down payment, and 67% of the price is payable over a 60 month span, interest free, and the remaining 33% balance is payable when the unit is turned over or extended for another 60 months.

These offshore banks, Philippine units are seeing a huge growth in investment banking. They offer quite a few options for those who want to invest in offshore banks.

Why Offshore In Latvia Is A Good Idea

2011-09-06T16:34:00.001-07:00

If a good offshore bank that has no bank reference requirements and that provides confidential, multi-currency accounts with 24/7 online access to your account information and support is what you’re looking for, then offshore banking in Latvia may be a good idea.

Latvia is the most stable country in the Baltic States and has the largest banking centers of Eastern Europe. The bank secrecy laws are strictly enforced in Latvia providing customers with complete and anonymous banking services. this is an added bonus to the previously mentioned fact that no banking references are required. This helps keep offshore banking accounts in Latvia highly secretive.

Banks in Latvia also offer high tech services and excellent online banking. They even allow you to hold multi-currency offshore accounts enabling you to exchange currencies in real time usually. Visa, MasterCard, and secured debit cards are also available through Latvia’s Banks. Special Forex Broker accounts can be set up and many options are made available to investors who make money exchanging currencies on a daily basis.

The country of Latvia has more than 20 large and stable banks that allow individuals, companies and governments from other countries to open accounts. Opening accounts with these banks usually require very little paperwork. to open an account through a Latvian Banking Institution, the only documents required are notarized copies of a passport. Certain institutions require an extra apostil on the notarizations or a signature card for the bank account application both signed and notarized. Corporate bank accounts of course must have all the corporate documents including the articles of Incorporation and Certificates of Incorporation. Power of attorney is also required to grant power to the person whose signature is on the account.

Latvia’s Banking sector is one of the country’s most successful and controversial industries. This is because of a large number of major banks entering the country due to its liberal banking laws from the early 90s.

The main advantage to Latvian banks is the level of secrecy that surpasses most other offshore banking centers.

Article 64 of the law on credit institutions passed in October 1995 states the following:

“Criminal proceedings in due course of law shall be instigated against any person who has deliberately or inadvertently disclosed, to the public or to unauthorized persons, information on the accounts of and financial services rendered to customers which has been entrusted or has become known to such a person as a result of his/her holding shares or stocks of a credit institution, being a chairperson or member of the board, executive board, or audit commission or in the capacity of their proxy, an employee of a credit institution, the Bank of Latvia or some other state institution, or a representative of external auditors. ”

This and the Fact that the country is a tax haven and is one of the leading offshore banking centers in the world make Latvia a good place to look into for offshore banking services.

Open Offshore Bank Accounts For Non Residents Online

2011-09-05T18:54:00.000-07:00

Non resident UK bank accounts

International UK and offshore bank accounts for non residents

Open a UK offshore bank account

Having an international bank account with us of means ease of financial transactions - from using a cash machine to receiving an international payment - wherever you are in the world. Also there may be good tax planning reasons for you to open an account in one of our offshore locations.
The Isle of Man is an offshore jurisdicion. Jersey also offers good local and offshore banking facilities and Gibraltar as well, with the governments of both territories making strong commitments to account security.

Most UK banks/building societies have branches offshore that would welcome you to invest in Sterling as an EU resident. Your worldwide interest income is taxable in Spain in any case.

Most Spanish banks will offer you Sterling Savings account, however the rates are not as good as UK. HSBC, Lloyds, RBOS and Barclays all have offices in Spain.

Most UK banks will not allow you to open an account unless you have a UK address. Obviously your first point of call is to phone Barclays.
If you have residencia you are subject to spanish tax system which does not have the equivalent to IR85 and all savings are subject to tax. If you intend to keep quiet about UK generated income, you ought to be aware that there are reciprocal agreements for exchange of financial information.

Offshore Company and bank account

2011-09-05T18:33:00.000-07:00

We especially recommend the Caribbean for the company formation.

Having an offshore company as official account holder is a crucial point. Opening a foreign account under a private name would not cease your obligation to list it in your tax declaration. You could simply "forget" to declare it and hope nobody finds out - but it is clearly tax evasion and some risk of exposure will always remain.

The offshore company by its nature does not have to pay any taxes. Therefore, having the company filed as account holder you can honestly state you are not owning any overseas accounts whilst the actual control over the account is solely with you.

Swissbank account for europeans

2011-09-05T18:30:00.001-07:00

You can open your account in all major currencies, usually clients open account in CHF (Switzerland Francs), USD (United States Dollar) or EURO.
Minimum opening balance is CHF 100'000 or equivalent in other currency. Your account will only be fully activated AFTER you fund your account with this amount.
The maintenance charge/service fee of the account is FREE.
The bank has a SWIFT code to easily received money from all over the world. The bank can also used IBAN for money transfer.
Online banking is available in English, German, French and Italian.
You can deposit foreign checks by mailing them directly to the bank. The fee is CHF 5 per check.

Maestro ATM/Debit card is available. Each withdrawal fee is CHF 5. In order to received the card, you will need to place a secured deposit with the bank. The amount of the secured deposit is double your preferred monthly withdrawal limit. For example, if you want to withdraw maximum CHF 1,000 in a month, you will need to place a secured deposit of CHF 1,000. This rule is common among Swiss banks towards foreign customers (customers not from Switzerland). You can also shop offline with your Maestro card and the fee is CHF 1.50 per transaction. The card can not be used online. Card is applied after account is opened.
Visa and MasterCard credit cards are also available. They are REAL credit cards like in the US or other countries and can be used online and offline. The secured deposit for a credit card is CHF 10,000. If you withdraw money with your credit card, the fee is 2.5% (minimum CHF 10). Card is applied after account is opened.

Apostille required.
Bank will not accept applicants from Argentina, Afghanistan, Balkans, Brazil, Bosnia Herzegovina, Colombia, Cook Islands, Dominica, Egypt, Grenada, Gautemala, Indonesia, Israel, Iran, Iraq, Kenya, Lebanon, Malaysia, Marshall Islands, Myanmar, Moldova, Morocco, Nauru, Nigeria, Niue, Pakistan, Russia, St.Vincent, Phillipines, Poland, Thailand, Ukraine, Vietnam, Yugoslavia.

How do I get an offshore bank account?

2011-09-01T07:57:00.000-07:00

For a depositor offshore banking is associated with the services of a bank from the country other than his country of residence. If you have invested or deposited funds to a bank outside the country (referred as “Offshore Bank”), where you live, you are engaged in offshore banking. On the other hand, any bank in your country of residence is often referred as a domestic bank.
There are two main myths about offshore banking. First of all, the public mistakenly links offshore banking to criminal activities, terrorism-financing and money laundering. Secondly, people think that offshore banking services are only for high-income class, since ordinary people cannot afford them.

What are the benefits of offshore banking?

Offshore banking services provide wide range of benefits and opens up distinct opportunities. Opening such an account provides a powerful tool for keeping money secure and making it exempted from taxes. Using an offshore bank account provides opportunities that are not available to domestic banking users. The most important of those are bank secrecy / confidentiality and exemption from taxes on gains. Income generated in form of interest on deposits is not taxed by the income tax. Customers also get possibility to invest globally.

Perhaps the most important benefit that offshore banking provides is that the account is strictly private. The confidentiality of all operations conducted through the account is protected by the legislation. The account is protected from creditors, tax authorities and other interested parties. It is to some extent a defense tool.

How do I get an offshore bank account?

Very easily. Open an account in Saint Vincent, Caribe Offshore Bank Account multicurrency, US dollars or Euros in minutes http://openoffshorebankaccountfornonresidentsonline.com/

Why to go offshore?

Offshore banking centers open wide range of opportunities for its users: access to innovative banking products, anonymity, safety, politically and economically safe environment. Benefits of going offshore are discussed here

Can I avoid taxes with offshore banking?

Most offshore banking centers are at the same time tax havens (low or no tax jurisdictions). Some offshore jurisdictions exempt all incomes from all taxes, while others exempt only those incomes that were generated by sources outside the jurisdiction. Although offshore banking centers do not tax your incomes, your home country may be taxing foreign generated income. So you must check your country’s legislation: if your countries authorities do not tax income generated from foreign sources, then your offshore incomes shall not be taxed, but if they do (like US does), you should report them, otherwise it will be considered as tax evasion.

Is offshore banking legal?

Answer to this question is quite simple: it is legal; nobody is arrested for having offshore bank account. Opening offshore bank account is absolutely legal service provided by a financial institution that is licensed in full compliance with the legislation of a tax haven.
What can be illegal is when a person holds offshore bank account, receives an income and does not report this income in his home country, if the country’s legislation requires that. In other words using offshore banking is legal, but using offshore banking for illegal operations, such as tax evasion is illegal. Read more…

Offshore Banking in Switzerland

2011-08-25T11:09:00.000-07:00

All banks in Switzerland are regulated by Swiss Financial Market Supervisory Authority (FINMA), which derives its authority from a series of federal statutes. The country's tradition of bank secrecy, which dates to the Middle Ages, was first codified in a 1934 law.
There are + 400 Banks in Switzerland.

Switzerland is a prosperous nation with a gross domestic product (GDP) higher than that of most western European nations. In addition, the value of the Swiss franc (CHF) has been relatively stable compared with that of other currencies, the financial sector comprised 11.6% of Switzerland's GDP and employed approximately 195,000 people (136,000 of whom work in the banking sector); this represents about 5.6% of the total Swiss workforce. Furthermore, Swiss banks employ an estimated 103,000 people abroad.

Swiss neutrality and national sovereignty, long recognized by foreign nations, have fostered a stable environment in which the banking sector was able to develop and thrive. Switzerland has maintained neutrality through both World Wars, is not a member of the European Union, and was not even a member of the United Nations until 2002.

Currently an estimated one-third of all funds held outside the country of origin (sometimes called "offshore" funds) are kept in Switzerland. In 2001 Swiss banks managed US$ 2.6 trillion. The following year they handled $400 billion USD less which has been attributed to both a bear market and stricter regulations on Swiss banking.[7] By 2007 this figure has risen to roughly 6.7 trillion Swiss francs (US$6.4 trillion).
The Bank of International Settlements, an organization that facilitates cooperation among the world's central banks, is headquartered in the city of Basel. Founded in 1930, the BIS chose to locate in Switzerland because of the country's neutrality, which was important to an organization founded by countries that had been on both sides of World War I.

Find all the information about offshore banking in Switzerland at http://www.offshorebankingadvisor.com/

Forex: CHF in high demand amid market turmoil

2011-08-08T15:49:00.000-07:00

8 August 2011
The Swiss franc once again surged to fresh all-time highs against the USD and EUR as investors rushed to safety amid the US downgrade and fears of contagion over the Eurozone. The USD/CHF in particular dropped to a record low of 0.7482. However the SNB is serious about not allowing any further CHF strength.

http://offshore-investment-news.blogspot.com/

News from Switzerland Less Tourist due to high strong Swiss Franc 2011

2011-06-30T06:11:00.000-07:00

By Katie Reid and Catherine Bosley

ENGELBERG, Switzerland
Fri Jan 28, 2011 12:55pm EST

(Reuters Life!) - Switzerland's shimmering ski slopes, luxurious hotels, and breathtaking vistas have always come at a price -- too high a price for many holidaymakers this year as the Swiss franc reaches peaks of its own.

The country's strong currency is making mainland Europeans, Brits and Americans, who'd love to cut through the virgin snow of the Swiss Alps, think twice about spending their holidays and hard-earned cash in its ski resorts.

For one skier from Britain, combining a business trip with some sport with an old friend was one way to see how feasible a family holiday would be in Switzerland, which is this week hosting the World Economic Forum in the ski resort of Davos.

"It is lovely here, but it is just too expensive. The strong Swiss franc does take the shine off things," said London-based tax advisor Bernard Finity after skiing down to the Swiss village of Engelberg, at the foot of the Engelberg-Titlis ski resort, one the largest skiing areas in central Switzerland.

"The currency is just a deal breaker," said Finity, wrapped up in a black ski outfit, goggles and hat to protect himself from the freezing conditions.

The franc has surged to record levels against the euro, dollar and British pound, making holidays in the Swiss Alps some 10 percent more expensive than a year ago.

A large beer in Engelberg will set you back 6.20 Swiss francs ($6.56), around 4.80 euros compared with 4.50 euros ($6.17) in the Austrian skiing town of St. Anton.

The Swiss government is now looking into ways of easing the pain for Switzerland's tourism industry as fewer people travel to the Alpine country, while some ski resorts are coming up with their own promotions.

At Engelberg, tourists can take advantage of an offer for a return ticket for the Fueranalp-Engelberg cablecar for only 5 francs on Fridays, instead of the usual 16 francs, while many hotels are offering top deals for guests paying in euros.

The number of guests coming from key European countries such as Germany fell more than 2 percent in the first 11 months of 2010 compared to a year earlier, Veronique Kanel, spokeswoman for tourism body MySwitzerland said.

"We are definitely seeing a negative impact of the strong Swiss franc versus the weak euro," she said.

"It is difficult to say how things will develop should the euro stay at its current level all year long. What we can probably expect is to see hotel overnight stays overall fall by between 2 and 3 percent for the whole of 2011 compared to 2010 and for the euro countries this drop could be between 3 and 5 percent," Kanel said.

"The mid-price segment is being hardest hit," said Jeane Grundmann, who works as a receptionist at a three star hotel in Engelberg, which was eerily quiet on Saturday afternoon.

"Those going for the four or five star hotels are much less affected by the strong Swiss franc," Grundmann said.

Switzerland, which prides itself on its reputation for producing quality goods, has long catered for high-end markets, helping it to partially offset the impact of the strong franc.

"Clients (in this segment) aren't so sensitive. That's true for tourism as well as the pharma sector and machinery-makers who are leaders in their respective areas. That could be one reason the blow's being a bit softened," said Jan Poser, Chief Economist at Sarasin in Zurich.

But even resorts which attract the wealthy, such as Zermatt where the car-free village streets are lined with exclusive jewellers and watch boutiques, have noticed a slowdown.

"We have noticed that we have fewer holidaymakers from both abroad and from within Switzerland as places like Austria are of course also cheaper for the Swiss now," Christen Baumann, chief executive of Zermatt Bergbahnen said.

http://www.reuters.com/article/2011/01/28/us-swissfranc-skiing-idUSTRE70R61320110128

Banca Suiza

2011-05-17T06:25:00.000-07:00

Si busca simplemente un lugar seguro para sus ahorros en el centro bancario internacional más importante del mundo, podemos ayudarle a abrir una cuenta bancaria en Suiza

http://www.openoffshorebankaccountsfornonresidents.com/sp/index.html

Le ayudaremos a escoger entre diferentes bancos y las diversas ventajas de las cuentas corrientes, depósitos a plazo fijo, fondos del mercado monetario y otras opciones de inversiones. Podra gestionar la obtención de una tarjeta de crédito o tarjeta de debito para extracción de efectivo en cajeros automáticos, así usted pueda acceder cómodamente a su dinero en cualquier parte del mundo.

Guia de apertura de cuenta bancaria en Suiza

2011-05-17T06:22:00.000-07:00

Apertura de cuenta bancaria en Suiza

Con nuestra Guia de apertura de cuentas bancarias suizas podrá abrir una cuenta sin mínimos económicos, ni procedimientos engorrosos y burocráticos con prestigioso AAA bancos suizo.
Con un pago de 99 euros por unica vez obtendrá nuestra guia con el que Usted mismo podrá realizar todo el proceso de apertura de cuenta.

En la Guia de aperturas de cuenta en Suiza encontrará instrucciones precisas que le permitirán seleccionar el tipo de cuenta más adecuado a sus necesidades.

Siguiendo los pasos indicados en la guia puede completar todo el proceso en pocos minutos y tener su cuenta operativa en menos de 2 semanas! Aproveche los beneficios de tener una cuenta en Suiza

No necesita tener miles de dólares para tener su cuenta abierta en Suiza!

http://www.openoffshorebankaccountsfornonresidents.com/how-to-open-swiss-bank-account/index.html

What is Offshore Banking? wiki

2010-04-04T15:35:00.003-07:00

Offshore banking has often been associated with the underground economy and organized crime, via tax evasion and money laundering; however, legally, offshore banking does not prevent assets from being subject to personal income tax on interest. Except for certain persons who meet fairly complex requirements[1], the personal income tax of many countries[2] makes no distinction between interest earned in local banks and those earned abroad. Persons subject to US income tax, for example, are required to declare on penalty of perjury, any offshore bank accounts—which may or may not be numbered bank accounts—they may have. Although offshore banks may decide not to report income to other tax authorities, and have no legal obligation to do so as they are protected by bank secrecy, this does not make the non-declaration of the income by the tax-payer or the evasion of the tax on that income legal. Following September 11, 2001, there have been many calls for more regulation on international finance, in particular concerning offshore banks, tax havens, and clearing houses such as Clearstream, based in Luxembourg, being possible crossroads for major illegal money flows.

Defenders of offshore banking have criticised these attempts at regulation. They claim the process is prompted, not by security and financial concerns, but by the desire of domestic banks and tax agencies to access the money held in offshore accounts. They cite the fact that offshore banking offers a competitive threat to the banking and taxation systems in developed countries, suggesting that Organisation for Economic Co-operation and Development (OECD) countries are trying to stamp out competition.

What is an offshore Bank? wiki

2010-04-04T15:33:00.000-07:00

An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. These advantages typically include:

greater privacy (see also bank secrecy, a principle born with the 1934 Swiss Banking Act)
low or no taxation (i.e. tax havens)
easy access to deposits (at least in terms of regulation)
protection against local political or financial instability

While the term originates from the Channel Islands being "offshore" from the United Kingdom, and most offshore banks are located in island nations to this day, the term is used figuratively to refer to such banks regardless of location, including Swiss banks and those of other landlocked nations such as Luxembourg and Andorra.