Offshore Banking Accounts

Offshore banking accounts have been utilized for years by the ultra wealthy however over the past decade offshore bank accounts have become accessible to people of all financial backgrounds. There are a number of advantages to having an offshore bank account in addition to your normal bank accounts.

Asset protection is a very important feature of an offshore bank account. These offshore bank account holders will be protected from their home government as well as lawsuits. It is very difficult for offshore funds to be obtained through a normal lawsuit. Depending on the jurisdiction you choose to open your offshore account, many of them require the party that is suing to put up a bond for any legal expenses of the party they are suing before they are able to begin the lawsuit. This greatly reduces the ability of the lawsuit. Secondly, the party will need to hire a legal representative in the country where the funds are located.

Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.

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