John Lawson
John Lawson
If you have a question about your offshore banking options, simply complete our ‘Contact Us’ form and we’ll get straight back to you.

Offshore Banking Pros & Cons

A Closer Look At Banking

A proper introduction to banking will give you an idea of the different types of banking that is available today. You can either have a bank account onshore – in your country of residence or you can have a bank account offshore.1 

There are various benefits in banking onshore and offshore depending on what you are planning to do with your money. If you are planning to invest offshore,2  then obviously offshore banking will be ideal for you. However, it’s important to look at some of the benefits of offshore banking before you sign up for an account at one of the offshore banks.

Compare Bank Accounts

It is advisable to compare bank accounts before you fill in the forms to open a bank account. Banks have different types of accounts, when you compare bank accounts, you will be in a better position to choose what best works for you.

Opening a bank account is an easy task. You should inquire from the institution beforehand what their account opening requirements are, so as to know whether you qualify to open an account3  with them.

Offshore Online Banking

Offshore online banking is a form of banking where most types of operations can be carried out online. The bank is located in an offshore jurisdiction4  and the account holder is located in another country. Transactions like fund transfers, balance inquiry, bill payment and a host of other banking transactions5  can be performed without leaving your country of residence and all from your office or home.

Got a Question About Offshore Banking?

Want to Chat With the Leading Offshore Banking Expert in the UK?

Regulations are constantly changing, but we’ve found the leading offshore banking expert in the UK and he’s willing to answer your questions or assist if possible. Hundreds of people have saved a fortune on tax with some of his structures.

If you’d like us to connect you with him, please get in touch below.

John lawson rndlg

John Lawson

John advises business, individuals, and organisations on pension planning. As you’ve probably realised by now, we’re invested in helping people like yourself understand a little bit more about how equity release options work.
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