Tuesday, July 14, 2009

Offshore banking?

Any recommendations for an offshore bank with low international wire transfer rates and low collateral for credit cards? And possibly no need to send notarized id%26#039;s of everyone in the company, just the signers?



Offshore banking?inflation rate





Today the best offshore jurisdiction is Panama. The banks there can get over 100 billion dollars in assets. They are modern and well regulated. they have anonymous corporations and foundation with extreme bank secrecy. They offer online banking and secured Visa cards with deposits of 110% of credit limit. Wires fee rates run about $40. For more information on offshore banks go here:



http://www.panamalaw.org/offshore_bank_a...



http://www.panamalaw.org/attributes.html



http://www.panamalaw.org/tutorial_offsho...



http://www.panamalaw.org/panama_economy_...



Offshore banking?

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You should be aware that the IRS has closed a lot of the loop holes for offshore banking.|||Sad experience tells me that the less rules the more likely I am to lose my shirt when a %26#039;bank%26#039; goes under.



I was in a well known tax haven and asked how many banks were in town %26quot;83%26quot; said the local. Not bad for a town with one short street. One doorway I went past had 15 bank brass plates next to it. It was a stairway to an apartment.



Best of luck - don%26#039;t expect ANY security.

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