RSSMost offshore banks offer debit cards as part of their service. Activated by a PIN only, the amount you spend depends on how much funds are in your bank account. You can easily replenish funds via online services, SWIFT transfer, e-Gold deposits and Moneygram.
Offshore Bank Account
You can open an offshore bank account in your name and deposit funds accordingly. It is important to consider an offshore country that has potential economic stability and where bank confidentiality laws are strictly upheld. You might also consider a country that does not have tax and information exchange agreements with other countries, and has no personal or corporate income, capital gains, business, capital, gift or sales taxes for non-residents and foreigners.
Benefits
The major highlights of this account are as follows.
• Photocopy of ID (driver license OK)
• Personal & Corporate account available
• Mail Drop Address
• No Banking References Required
• Online Banking Included
• No Reports To Credit Bureaus
PLUS/INTERLINK/MAC
Bank accounts in offshore jurisdictions accept SWIFT wire transfers, e-gold deposits and Money Gram deposits for adding funds to the account.
Bear in mind that tax havens associated with EU territories, such as Turks & Caicos, Aruba, BVI, Cayman Islands, Isle of Man, Jersey and others including Luxembourg and Switzerland are bound by the EU Savings Tax Directive. These jurisdictions now have to report savings of EU nationals, for tax purposes, as well as personal information to the EU Council.
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