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Old 04-18-2007, 12:40 PM  
Webby
Too lazy to set a custom title
 
Join Date: Oct 2002
Location: Far far away - as possible
Posts: 14,956
Quote:
Originally Posted by BigFire View Post
Hello,

I have a question about offshore banking and I searched GFY but I didn?t find a real answer in any thread. What I am looking for is a secure offshore bank that will accept a company from Panama (or Gibraltar, Belize etc) to open a business account there.
A big plus would be if you can say that the company is in the adult business.

So if you opened such an account or know somebody please post some info.
There are hundreds of offshore banks with websites which accept account applications - they need to be followed-up with, normally, notorized corp documents and some history about the company and principals - "know your customer" policy which applies to all banks.

It does not cost $1200 or anything to open a bank account - they want the biz or not?

Assuming your location is real in your profile - there is little purpose (other than for rare exceptional reasons) in operating offshore facilities if you are a US citizen. The privacy benefits are wiped with required tax filings to the IRS - answer that question incorrectly and it becomes illegal. (Obviously same as failing to report worldwide income).
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