Category: Offshore Banks
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Offshore Bank Certificate of Deposit (CD)
What is a CD? A CD (Certificate of Deposit) is a savings account which is characterized by fixed term borrowing, fixed interest rates and a relatively high interest rate. Insured by the FDIC (or NCUA for credit unions), CDs are often the investment choice for savers who are risk averse and like to plan carefully…
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Top 10 Offshore Banks
No Such List of Offshore Banks Exists – There is no recognized list of the top offshore banks. What is the criteria one would use for such a list is a good question? Examples of rating criteria would be age, total assets, strength of loan portfolio, management, track record, currency, country of location and licensure,…
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Offshore Banking by Mobile Phone
BCN International Bank (Cayman) Ltd leads the Offshore Banking industry with strategic move to iPhone Setting new standards in enterprise mobility, BCN International Bank today confirmed that it has adopted the iPhone as its Smartphone of choice, one of the first and biggest corporate entities in the offshore banking industry to do so on such…
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Offshore Bank Accounts No Fines For The Innocent!
In the first taxation amnesty, the customers of a handful of British banks who held accounts offshore were targeted, and now HMRC is attempting to clear up the sticky issue of taxation forgotten, avoided or evaded by all others who have the likes of bank or savings accounts offshore. The bottom line is that it…
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Offshore Banking and Financial Stability
The world economy is not doing so well as before. The bad economy has caused many entrepreneurs to enter into bankruptcy. No one will ever want to suffer from financial problem during the bad economy. If you dont want to suffer from this consequence, you need to take several steps as precautions. One way to…
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What Are the Advantages of Offshore Banking?
Offshore banking can be immensely lucrative to many investors. This is primarily because an investment’s rate of interest is much higher in the case of numerous, offshore jurisdictions. Many offshore companies are established in a location that offers a low tax jurisdiction, which assists in earning a high rate of interest and thereby, generating much…
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Is Offshore Banking Right for You?
Finding out how to begin investing offshore and if offshore banking is right for you depends on your individual needs and circumstances. Offshore bank accounts can be defined as an account that is located outside of a person’s domestic country’s bank that may offer desirable options that are not available to them in their homeland.…
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Cook Islands Offshore Banking
The Cook Islands Are A Beautiful Place For Tax Free Investing And Offshore Banking. Probably one of least important features required of a tax haven, is beauty. But if an investor is planning on spending any time in the region where they do their banking, the Cook Islands offer a beautiful setting for tax free…
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Offshore Private Banking: Invest in Your Future
For those of us who have reached above a certain threshold of wealth, private banking is the best option for solidifying our future and receiving great returns on investments. After a certain point your money is being wasted just sitting in a savings account. Private banks allow you to effectively turn profit, fast, with money…