Offshore banking advice

Offshore banking advice

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Discussion

digger_R

Original Poster:

1,807 posts

212 months

Tuesday 6th January 2009
quotequote all
I'm after an offshore account with as much prototection as possible from it's onshore parent bank as possible. I've had a look at some of the other threads but they don't really cover the 'safety' side of it which is obviously looking more important at the moment.
can someone point me towards a reputable account.

digger_R

Original Poster:

1,807 posts

212 months

Tuesday 6th January 2009
quotequote all
Eric Mc said:
The first thing I would look for is - why do you want to open an offshore account?
Primarily multiple currency and additionally my (reasonably) frequent changes of location mean I think it would be worthwhile. Uk banks don't seem to offer too many competetive accounts for non-residents

digger_R

Original Poster:

1,807 posts

212 months

Tuesday 6th January 2009
quotequote all
Eric Mc said:
As long as it's not tax evasion smile
redcard

That does seem to be the thought that comes into most peoples minds when you mention offshore accounts but I see it as entirely legitimate for what I want.

In case it's not clear, by 'safe' I mean that it has a parent company that will back its liabilities to depositors.