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о продуктах линии бренда myaur.ru 30.11.2012 13:34:14 Мария

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Здравствуйте! Хочу поделиться со всеми своими новыми впечатлениями, а также секретами красоты. В своей жизни я перепробовала достаточно большое количество косметических средств различных производителей, но к сожалению, результат всегда оставлял желать лучшего. Несколько недель назад моя подруга посоветовала мне попробовать индийскую косметику аюрведа. Она сказала, что эта ...

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7 Things You Must Know Before Opening an Offshore Bank Account

There are certain things you should be aware of before opening an offshore banking account - things that may save yourself you a lot of time and stress. The following 7 factual statements about off-shore banking offer an of good use information and a great starting point for the process.

1. The Most Important Advantages of an Offshore Account

2. Choose Your Authority Wisely

Not all jurisdictions (nations) are equal. Every bank is governed by the laws of the nation it's qualified to operate in. It's also influenced by a myriad of internationally-applicable financial oversight regulations. Focused in some way by anti-money laundering laws or other financial restrictions on what they conduct business, while some regular offshore tax havens seem ideal as banking jurisdictions, the fact remains that often they're not - precisely because they've been, or are being. You don't need to result in the middle of this kind of financial struggle.

Another factor to consider is the existence of any data sharing treaties and the geographical area in which the bank operates or tax-collecting agreements between the countries in that area. Where you currently live in the entire world effects on where you can bank off-shore. For remember, overseas just means somewhere apart from where you currently reside.

3. The Truth About Anonymity and Privacy

This really is all well and beneficial to those of us who are not criminals, and translates to our privacy is pretty well assured. The trouble is within the definition of the phrase 'crime.' So you may possibly as well accept the undeniable fact that really bullet-proof private banking is hard to come by - and unknown banking is just a issue of the past.

Swiss banking has always been held up since the peak of banking privacy, and that generally is valid - though they're under increasing pressure to adhere to international norms. The Swiss, but, have a vested interest in keeping their USP (unique selling proposition), they provide the most dependable and private bank on the planet. But privacy in an offshore bank is conditional. Many offshore banks will soon be included in privacy protection measures, which could include things like it being a criminal offence for a bank employee to disclose the details of any client's financial affairs. However, these guidelines can usually be breached from the presentation of a court order issued on the basis of alleged criminal activity.

4. The Effect of FATF and KYC

Overseas banking has become a lot more restrictive since 9/11 - because the US enforces tough rules directed at combating what it terms money-laundering. This catch-all method ensures that straight-up, honest people are having to jump through hoops simply to get going. Unfortuitously, there appears to be no end in view to this process - so all you can do is bite the bullet and proceed.

You will immediately have the impact of KYC (know your customer) laws when you first affect open an offshore banking account. Essentially, the financial institution will want to know far more about you than they would have many years back. They will want not merely to sight your valid ID, proof of address and business, bank or references, but they'll also want to know what you are doing and what type of account activity to anticipate.

5. Things You Need to Open an Offshore Account

6. The Facts About Overseas Credit Cards

This is where the desire and need for a full-blown bank card comes in. However, as a result of rules laid down by Visa and MasterCard International - such cards are usually only available to residents in the nation the lender runs from. Therefore, as an example, if you have a bank account in an off-shore jurisdiction, their Visa card may only be available to local people - not you.

Whenever you spend money deploying it, the funds are immediately taken from your current account. You can not get credit with this card, but you do get full Visa and when traveling internationally MasterCard functionality - like hotel check-ins, airline bookings etc. These types of cards are not readily available offshore, but they are issued by a few major offshore banks with their international clients.

Many offshore banks will readily offer you a debit card - you know, an ordinary ATM card like you've from your own domestic bank. These are often Cirrus and Maestro printed, although in EURO nations Visa Electron is quite popular. Now while these cards have become useful, the key function (when released by an offshore bank) is to withdraw money from ATM machines.

7. The Benefits of Accounts in Various Values

Most offshore banks that provide multiple currency accounts will allow you to move funds very easily between them, as and when you see fit. So if you have a substantial quantity of cash on deposit, then spreading your cash risk by holding different values is a sound financial decision - one made much easier by having an offshore bank account.

Now, why would you need to do this? The answer is easy - for hedging. In this unstable world currencies are always changing value. And as I write this, the USD is deemed to be going downhill in value over time.


Beginning an offshore bank account could be the most useful thing you ever do. However, lots of people discover the process complicated - not least because they should overcome the irrational fear that somehow their money won't be as safe as banking at home. Obviously the truth turns out to be the opposite. Should you bank using a trustworthy offshore bank, your money is significantly safer than before!

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