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Malaysia Offshore Bank Account

Update Date:2015-9-15 18:25:42 Source:Tannet (Malaysia) Sdn Bhd Views:1499

Malaysia Hotline : +603-2141 8908

Offshore Bank Account, also known as offshore units offshore banks are located in offshore financial centers by a bank or other financial institution. Their business is limited to contacts with other units of foreign banks or foreign bodies, and carried on business in the domestic market is not allowed. Offshore banks in finance means depositors other than open a bank account in their country of residence. Instead, banks in domestic depositors live are known as offshore banks or banks in the territory.


Advantages for Offshore Bank Accounts Opening

1. Banks located in countries or regions with low tax rates, and thus can be used as tax havens.

2. Offshore banks to protect depositors in countries where privacy requirements more stringent.

3. Escape the country in which depositors for the supervision and administration of account activity, such as prohibiting the opening of anonymous accounts.

4. The depositor resides when the country's political or economic instability, protecting deposits.

5. High private and confidential for bank account holder


Classification of Offshore Banking Business:

1. Foreign exchange deposits

2. Foreign currency loans

3. Interbank foreign exchange borrowing

4. International Settlements

5. Issuance of negotiable certificates of deposit

6. A foreign exchange guarantee

7. State administration of foreign exchange to allow other services


Tannet Malaysia is an international consultant firm based in Hong Kong, Shenzhen. We can assist to provide various company registration in country such as Samoa, Seychelles, Anguilla, BVI, Delaware, Cayman, Bermuda, Labuan and etc. Furthermore, we offer other business services such as trademark application, outsource bookkeeping, virtual office rental and etc. Kindly contact us for more information if you are interested!


Contact us:

If you have further queries, please contact Tannet

24 hours Malaysia hotline:603-21418908;

24 hours Hong Kong hotline:852-27837818;

24 hours Hong Kong hotline:86-755- 36990589;

Email: mytannet@gmail.com

TANNET GROUP http://www.tannet-group.nethttp://en.tannet.com.my

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