Offshore banking and bank accounts

Offshore banking

If Offshore Banking Privacy & Confidentiality is required it is often best not to use a bank resident or affiliated with your place of primary fiscal residence. Certainly, individuals having offshore bank accounts have little confidentiality or tax protection which is why offshore companies are generally used. Today, most safe "offshore" banks now demand that companies are fully managed but once satisfied can offer all the normal banking facilities such as credit, debit cards & LCs