Opening an Online (internet) Offshore Banking Account

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Offshore online banking : Generally Open an offshore account online is the easiest way and most profitable to your funds from A to B. That said, there are many pitfalls associated with this type of research. It's not just your money that you are confident to a website that you found out google - you can also be drawn into an action that is clearly illegal. Although banks are regulated, the Internet is not, if you are ready to plow a lot of junk, brokers and websites that are only there to rip you off before finding the perfect offshore account.

Here are some golden rules to follow to ensure you do not fall pray Internet schemes.

Get a phone number or fax number. One of the easiest ways to report a fraudulent site is one that has little or no contact information.

 Most offshore banks are well appointed with many news sites. Often they have documents available for download as application forms, requirements of due diligence, and securities issued by the government.

Do not trust an organization that does not require due diligence to open an offshore bank account. All offshore banks need this to cover their end, and at least one recent bill and scanned notarized / apostilled copy of your passport are the minimum standard requirements.

Look for clues as to what the organization behind the site does, and whether it fits your needs.
 In my experience, "Offshore Banking" web sites can be broken down into three main groups.

 Sites that offer to open an offshore bank accounts in tax havens abroad for a fee. Many of them promise to open bank accounts in jurisdictions where there is a strong demand for offshore accounts still rare such as the United States and Switzerland.
Not all groups are scams - many will save you much time and effort in preparing the correct documentation. But you run the risk that the guy who offers a professional "introduction" will take your $ 1,000 and runoff in cyberspace.

 Real Estate offshore banks. How do you know they are real? Do they have their training materials online?
Do not be fooled by websites that say they are authorized by a fictitious country, if the site said it obtained a banking license of Zealand, think how it could likely be ...?

 Treasury-type accounts. These guys will open an account for you, on behalf of trust company or financial. Make sure the site has a record of his license and check the country where it came from. Even legitimate companies consonance may be false when they are held by a trust that, after investigation, no.
 While trust accounts can provide better privacy than the other options, "trust" is the key word here. The company will be signed on Treasury accounts rather than you personally - so make sure that you choose has a little history, or even better for third party review to ensure they are legitimate.

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