Offshore bank accounts typically offer a broader range of services than those offered by onshore banks. Healy Consultants provides strategic advice on getting the most out of an offshore corporate bank account, including the following: |
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Trustee services - A Trustee is the individual, individuals or company designated by a Settlor to carry out the Settlor’s wishes according to the Trust Deed. The Trustee has complete control over Trust assets. An offshore bank account can fulfil this role. |
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Offshore merchant account services - This type of offshore bank account allows you to accept credit card orders from your customers via an offshore credit card processing service provider. |
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Offshore brokerage account services - This type of offshore bank account facilitates tax-free, confidential online stock market trading. Profits are banked offshore. |
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Corporate Finance and Letters of Credit - A letter of credit is an irrevocable payment undertaking of an issuing bank issued to a beneficiary upon request of an applicant for supply of goods, services or performance with documents stated in the letter of credit presented to the issuing bank. It is commonly available with offshore bank accounts. |
Contact Us For more information on offshore bank accounts, please email email@healyconsultants.com or telephone us at (+65) 6735 0120. Back to Offshore Banking page. |
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