How To Open An Offshore Bank Account As An American
Get Your Offshore Debit Cards
An offshore debit card allows you the maximum amount of spending privacy available. While still having the convenience of a debit card as opposed to carrying boat loads of cash.
Given that your business is just starting out, you won’t have the money to do that. This hurdle brings us back to the instructional structure that clients could have a look at where there are no minimum deposits required and approval takes only a week. Further, Switzerland is a neutral country in almost all aspects, so no amount of arm-twisting by the US has had any effect on the offshore banking norms in existence in that country since the 1930s. No wonder a layman knows about the Swiss bank account as just a number. Such is the secrecy that a Swiss bank account has always been associated. James entered into a verbal agreement to help PW with the transfer of this money to an off-shore account in the UK. Several possible banks were discussed, and we had a choice in this selection, but for some reason the final choice was made by PW and it was the Clydesdale Bank. He further suggested we get in touch with a Mr. PC, the operations manager, who would help us to open the account. This, of course, was fine with us. The bottom line was that we had no idea how to conduct business with an offshore banks. PW knew this and he had to have control, as revealed in the next paragraph. The information provided herein is not intended as legal, accounting, financial or any type of advice for any specific individual or other entity. You should contact an appropriate professional for any such advice.
