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Offshore Company Bank Account

Update Date:2015-9-19 2:25:57 Source:Tannet (Malaysia) Sdn Bhd Views:332

Malaysia Hotline : +603-2141 8908

Offshore Bank Account, also known as offshore units offshore banks are located in offshore financial centers by a bank or other financial institution. Their business is limited to contacts with other units of foreign banks or foreign bodies, and carried on business in the domestic market is not allowed. Offshore banks in finance means depositors other than open a bank account in their country of residence. 


Benefit of Opening Offshore Bank Accounts 

1. Banks located in countries or regions where far from applicant principal country.

2. Offshore banks to protect depositors in countries where privacy requirements more stringent.

3. Escape the country in which depositors for the supervision and administration of account activity, such as prohibiting the opening of anonymous accounts.

4. The depositor resides when the country's political or economic instability, protecting deposits.


Classification of Offshore banking business :

1. Foreign exchange deposits

2. Foreign currency loans

3. Interbank foreign exchange borrowing

4. International Settlements

5. Issuance of negotiable certificates of deposit

6. A foreign exchange guarantee

7. State administration of foreign exchange to allow other services


Tannet Malaysia is an international company based in Hong Kong, Shenzhen. Tannet Group Limited provide various of business solution to those investor who would like to expand their business to oversea such as international company incorporation, global trademark application, commercial secretary services included offshore bank account opening arrangement as well. Kindly contact us for more information if you are interested on our other services!


Contact us:

If you have any further queries, please contact Tannet

24 hours Malaysia hotline:603-21418908;

24 hours Hong Kong hotline:852-27837818;

24 hours Hong Kong hotline:86-755- 36990589;

Email: mytannet@gmail.com

TANNET GROUP : http://www.tannet-group.nethttp://en.tannet.com.my

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