Offshore Banking with IBS

2. International Bank Account: An offshore (or foreign) bank account is simply a bank account you have outside of your country of residence. Offshore banking facilities are offered by most of the largest UK banks and building societies. These banks are separate companies that operate in the crown dependencies of the Channel Islands, Gibraltar or the Isle of Man.

3. Pons of Offshore Bank Accounts: • Reduce Taxes: • When a Business or Individual first started putting money in offshore accounts, it was driven by a desire to reduce taxes. Smaller countries without many resources may have liberal business tax laws that make it easier and cheaper to set up a corporation in that country. If the business isn’t engaged in activity on that country’s soil, there’s even less reason to impose a tax.

4. Privacy: • Some profile- investors desire the secrecy associated with offshore banking. They can buy stocks without having the general public knowing which stocks they’re capitalizing in. Investors who plan to buy large amounts of stock in the future choose to keep their purchase low-key. Else if lots of people start buying the stock, price goes up and the investment is no longer as attractive.

5. Cons of Offshore Bank Accounts: • Potential to be Expensive: • Offshore bank Account must be expensive. The companies that allow offshore banking realize that rich people or business a person takes advantages of these international accounts and so they charge accordingly. If you want to start an offshore corporation, that country may have steep legal fees and could even require you to own property in that country before you can start up a company.

6. Less Security: • You may not get FDIC protection if your offshore bank accounts get fails. There’s no chance to get money recover if money lost or failed offshore bank. If you decide to put your money in an offshore account, make sure you access with a professional for help choosing a reputable location. Popular locations include Bermuda, the Bahamas, Cayman Islands, and the Isle of Man.

7. About Us: The Company delivers secure payment processing services to 70 of the worlds’ leading banks and other payment services providers, across 23 countries. These solutions help acquirers attract more merchants and enhance profitability. Accept local-currency credit and debit card payments from your customers to increase sales worldwide. International Bank Services (IBS) is dedicated to providing robust international credit card payment processing solutions for customer-not-present environments, allowing you to set prices and accept debit card and credit card payments by web, mail or telephone in over 130 currencies. We understand your business and look forward to building long-term relationships based on a keen knowledge of your international credit card processing needs.

8. Contact Us: Website: http://www.internationalbankservices.com/ Mobile No: 2+44- 20 32394191 sales@internationalbankservices.com http://www.internationalbankservices.com/offshore.html