off-shore banking
 

Who does it?

Is it safe?

Where would you turn for it?

This company is good: www.molybank.com :2 cents:

I have an offshore bank account. Very reliable. Try Latvian banks for remote account opening. Also, check this site for all kind of offshore services: http://www.offshoresimple.com

a bank with audio on the front page of their website? i dont know if i could ever take them seriously

more like:

http://www.offshoretacky.com

offshore.hsbc.com

i dont know wtf the guys above are talking about....

That was not the bank's website. This is the site of an agent who is dealing with all kind of offshore services (including opening offshore bank accounts). They have the best prices. You could also contact a Latvian bank directly. Most of them accept remote opening of the account. Also, they all have internet banking. Search on google for latvian banks.

how secure is a latvian bank? i think if u had to go there, swiss would be better no?

I know a person who lost him money in swiss bank.

don't even waste your time with Latvian banks.Latvia is not friendly to offshore biz anymore.Since they are trying to be valueable member of EU they started to close all offshore accounts + keep thier eyes on it.Also once they find out that you are in adult biz you are done - I had accounts in TBK and Rietumu for 4 years there.
Good banks but not reliable now due to what I said above.
The best banks are located in Liechtenstein (got present acc there) + some typical offshore areas as Seychelles (premium banks there) , Bahamas (expensive banks )
Also you can try some of the smaller banks - they are happy to get some good client and will never let you down www.griffonbank.com

its complete nonses - there had to be something in it.
Once you ever visit any bank in Swiss you will understand

stay away from latvian banks
http://www.bankofcyprus.com/Main/Default.aspx $1 minimum opening balance
http://www.sboff.com $5000 minimum opening balance
http://www.privatebanking.info/user/main.jsp

A friend of mine had an account at Fortis Banque Luxembourg which was frozen when they found out he was doing adult with a personal account.

That would suck.

These guys and lloyds tsb are good

Most banks will do that

I don't see why you would risk it currently. start a company 401k, sack money away interest free, then take after tax money and but rare certified numismatics (antique gold coins). Much safer :2 cents: :thumbsup

Panama is the place to be.

My advise: If someone did ask you to send payment to them for opening an offshore acct on your behalf in their country its BULLSHIT.
NEVER FAX OR EMAIL YOUR GOVERNMENT ISSUED ID/PASSPORT TO ANYONE. BANKS ALWAYS REQUEST HARD COPY WITH ORIGINAL SIGNATURES VIA POST OR IN PERSON.
All letters of demand/applications/receipt MUST come with a Bank Letterhead or logo and their phone numbers on the documents.
Scammers who request money from you via Paypal will always mention 3months for the whole process to finish. BULLSHIT. After 3 months, paypal will no longer process claims. And your money is gone.
NEVER ALLOW ANYONE ELSE OTHER THAN THE BANK STAFFS TO HOLD ANY OF YOUR PERSONAL DOCUMENTS.

www.gbi-corp.com - They know how to set you up with the best solution and give you what you need, that includes banking and offshore incorporation that.

huh...? how?

this is the only thread on GFY decicated to offshore banking that actually names some banks ;-)

And how do sponsors react to wiring your payments to an offshore account?
Just curious.

Yeah but Swiss banks want even talk to you with your $10k/month

You got to deposit a few millions.

:2 cents:

They don't give a shit.

Why would they anyway?

Is hsbc bank a part of HSBC Holdings?

You're saying that they don't care, or you *know* for a fact they don't?
I assume they don't care, but I don't know US laws for companies, etc. - what they have to report, etc.

do a search for hsbc on the net. they are the biggest bank in EUROPE by a long way (yes, all of Europe). you need 10kusd in the acct to bank with them - but everyone on GFY is a multi millionnaire so that is no probs...:1orglaugh

some of the advice in this thread is retarded.

If you don't have 10K why the hell would even bother to go offshore?
And you don't have to be a multi-millionaire to have 10K to put away...
:Oh crap

Edit: I must commend you on your sig, that's just the best ;)

Does not matter which bank funds are wired to Kevsh - it has nothing to do with a sponsor what banking arrangements folks have. And... if they ever asked - the reply would have to be blunt :winkwink:

See what you may be hitting on Kevsh. The difference is being "legally offshore" or otherwise.

From this thread it's blatantly obvious, despite many threads on this subject, that most folks are totally clueless - it's not exactly complex, but they still don't "get it" :)

are you using bank of cyprus, can you recommend them?

greywolf, why don't you educate the clueless?

That's an exaggeration....

UBS is also very big :P so not by a long way.

I'm tired of giving any clue to the clueless :winkwink:

Try searching and you will find plenty references to offshore - I've written enough of that shit to fill a book :thumbsup

nah i think he is right.

No it's not. Swiss banks can go bankrupt as every other bank, too.

Generally, this is correct. Both Swiss banks and a few other countries are not interested in trading accounts - more asset holding and investments, and, by their nature, tend to be on the higher level with funding.

Switzerland is also not the offshore banking area it once was and sure is not suitable for any adult-related business activities.