The retail offshore banks feature both offshore corporate banking services and offshore personal banking services. The banking services may include:
Deposit facilities – short and long term
Lending and overdraft facilities
Credit facilities
A wide range of offshore bank account (savings, checking)
Corporate offshore accounts
Personal offshore accounts (single or joint)
Offshore Merchant accounts
Offshore brokerage accounts
Wealth and asset management services to include investment and fund management
Letter of credits and Trade finance services
Brokerage services
24 hour Online banking services
Debit and credit cards
Wire transfers, international money orders, electronic fund transfer
The cost to open an offshore bank account
The cost for offshore banking varies on the type of bank, the level of service offered, the jurisdiction
Offshore accounts can be opened in some offshore banks, with an initial deposit of as little as US$500. Some European banks require a deposit of US$5,000 to open a private personal offshore account.
Deposit facilities – short and long term
Lending and overdraft facilities
Credit facilities
A wide range of offshore bank account (savings, checking)
Corporate offshore accounts
Personal offshore accounts (single or joint)
Offshore Merchant accounts
Offshore brokerage accounts
Wealth and asset management services to include investment and fund management
Letter of credits and Trade finance services
Brokerage services
24 hour Online banking services
Debit and credit cards
Wire transfers, international money orders, electronic fund transfer
The cost to open an offshore bank account
The cost for offshore banking varies on the type of bank, the level of service offered, the jurisdiction
Offshore accounts can be opened in some offshore banks, with an initial deposit of as little as US$500. Some European banks require a deposit of US$5,000 to open a private personal offshore account.
