NewsCase StudiesEvents

Personal Banking in Isle of Man

Isle of Man

Personal Banking in Isle of Man

Recent forum posts

 

  1. Bank instruments available such as BG/SBLC/LC

    We are direct provider for BG/SBLC specifically for lease, at leasing price of (3 % +0. 5% + X% ) of face value, Issuance by HSBC Bank London ,Barclays Bank London , Deutsche Bank, & AAA Rated BanksOur BG/SBLC Financing can help you get your project funded, financing by providing you with yearly renewable leased bank instruments. We workdirectly with issuing bank lease providers, this Instru

    Total Posts: 1 Last post by kimsungnyon2018

  2. BG/SBLC,MT103,Monetizing,Project Financing,Loan

    Sir,We do not offer direct funding or loans, we offer Bank Instruments in the form of BGs and SBLCs which can be discounted or monetized for funding and we deliver these instruments in accordance with a set of terms and procedures as set by the provider of these instrument.You can speak with a financial advisor for better understanding of these or we can chat over Skype on this. Please

    Total Posts: 1 Last post by kimsungnyon2018

Why Bank Offshore?

Opening an offshore bank account is an important consideration for anyone moving overseas whether on international work assignments, for an extended period or even to retire. There are many advantages of an offshore banking account and there are a number of factors to be considered when choosing where to open one. The primary consideration is safety and security of your hard earned money. You should choose an offshore jurisdiction which is well regulated and has long term political stability. You should then consider that you will most likely be dealing in currencies other than your home currency.

Your offshore bank should be able to provide banking services and international payments in all major currencies so that you can manage your financial affairs in the currencies of your choosing. And of course you need to be able to access your funds with ease. International transfers, phone banking and International Debit cards are essential here.

What's becoming an invaluable financial tool in the expatriate lifestyle is Internet Banking. Most banks today provide internet banking, but not all can provide it in multiple currencies, with the ability to make international payments and transfer between currencies online. While it may not always be a primary consideration, many expatriates find that an offshore bank account can form part of your overall tax planning solution. Independent tax advice is always recommended in this case.

Finally your offshore bank should be able to provide you with access to the full range of specialist offshore products and services such as offshore mortgages, travel, medical and critical illness cover and expatriate tax advice.

The information provided in this guide gives only general guidance and does not constitute tax, legal, investment or any other advice.

Click here to Ask an Expert about Personal Banking in Isle of Man

Organisations that can assist with Personal Banking

    You are not logged in!

    Please login or register to ask our experts a question.

    Login now or register.