Category: Offshore Banks

  • Offshore Banking Intermediaries

    Private investors and organizations have safely and routinely used offshore banking for years. Truth to tell, there isn’t much difference in the service and benefits between the bank down the street or one in Belize. The banks offering offshore accounts to foreigners are well established and offer online banking options, credit or debit cards and…

  • Offshore investing and Private Banking

    The term ‘private banking’ is becoming so prolific that it’s close to losing the prestige that once connected to the intensely secret relations between a bank and its wealthy clients. Traditionally, international banks have required a minimum deposit of $100,000 to ear preferential treatment but over the past years this minimum has been reduced to…

  • Top 50 Safest Global Banks

    For banking safely, global citizens had better go to the local government. And pretty much avoid the U.S. At least that seems to be the take away from Global Finance Magazine’s ranking of  the world’s safest banks.  The top 9 banks in the magazine’s World’s 50 Safest Banks list are all state-backed institutions. The No.…

  • RBC Wealth Management named Best Private Bank in the Channel Islands

    RBC Wealth Management has continued its recent award success by being named the Best Private Bank in the Channel Islands at the 2012 World Finance Banking Awards. World Finance’s judging panel used a wide range of criteria to decide the recipients of the 2012 awards. These included assessing each firm’s performance, the variety and clarity…

  • Barclays Bank, now and then

    Barclays Bank may be one of the most famous banks of all time, these days for all the wrong reasons but there was a time when this venerable institution of banking was the first brand name in a word association for offshore banking. With operations in over 50 countries and territories across Africa, Asia, Europe,…

  • Citi Launches Innovation Lab in Singapore

    Singapore – Underlying its continued commitment to providing innovative solutions to clients, Citi’s Global Transaction Services (GTS) business has opened the Citi Innovation Lab in Singapore that comprises a Client Experience Center and a Client Collaboration Center. The opening marks the first such Innovation Lab for the bank’s institutional clients in Asia Pacific. The Innovation…

  • Why Offshore Banking is Underutilised

    There are many myths about international banking, and a stigma attached to the phrase ‘offshore banking’. Both can conjure stories of illicit financial activities on small islands and neutral, private banking institutions with renegade accounting tactics not condoned by reputable jurisdictions. These misconceptions sometimes arise out of context from extreme legal cases. Definition: A tax…