Offshore Banking

Offshore banking runs parallel to ordinary banking in your financial world. In the same way that your first foray into the financial world was a young person’s savings account, so the most rudimentary, important and immediate concern as an expat will be organising a suitable current account. Which Offshore has put together a series of articles to help with your research.

The term ‘offshore banking’ refers not just to a current account, but also to a much larger framework of trusts and other tax efficient vehicles and refined asset management services. It’s an improved version of the private banking services that your high street bank offers, but with more flexibility, and most importantly, added confidentiality.

In this section we explain what an offshore bank is, whether banking offshore is the right choice for you and what the alternatives are to offshore bank accounts.