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Online Offshore Bank Account Opening

Updated:2018-5-24 16:55:01    Source:www.tannet-group.comViews:299

Opening an offshore account has legitimate and legal uses for people in all occupations. However, when it comes to offshore accounts, most people may think of illicit and sometimes illegal operations portrayed in television and film, but this is simply not the truth. With the advent of Internet banking, opening an offshore account is not only fiscally responsible but also relatively easy because of the online access.

Weight the advantages and disadvantages
Decide if opening an offshore account online is advantageous and in which country to open one. For instance, does the off shore account offer a better interest rate or charge fewer fees. Be sure to study the tax laws of the country where the account is located. The tax laws vary greatly from country to country.

Know what’s the offshore account
Understand that an offshore account means a banking account that originates in any other country besides your own country of residence. For example, if you live in the United States but open a banking account in France, the French bank account is an offshore account.

Research the banks
Research the banks with which to open an offshore account online. The bank you currently have an account with may offer an offshore account option so that may be the option. If they do not, then be sure to check the Better Business Bureau and International Bank Classification Agency rating of any online offshore bank you choose to deposit funds.

Submit the documents
Submit the necessary documents to the offshore bank electronically to start the account opening process. Most offshore banks require you to scan or send a copy of a passport or driver license, proof of residence, bank and personal references to their account office.

Deposit the money
Deposit the money in the offshore account from another Internet banking account. Most offshore banks with online access will offer the means to transfer your money once the account set-up is complete.

Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143512, or emailing to You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.

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