For international investors and expatriates, finding a secure base for their international savings is a priority and an important foundation for managing their investments. Private offshore banking has traditionally only been available to high net worth individuals. Today, specialist banks offer customised services to clients with as little as USD,000 who wish to establish offshore cash reserves.
Offshore Banking can provide a range of accounts customised to meet the most discerning requirements with all the tax advantages of an offshore base. With the use of both debit and credit card facilities they can help with the day to day business of ensuring that you have sufficient ready cash to meet expenses.
Well planned cash reserves form the foundation of successful wealth management. They provide liquidity and flexibility alongside an investment portfolio. Offshore Private Banking offers an environment for your wealth outside local fiscal regulations and tax restrictions with low charges and discreet management of personal cash reserves. You can consolidate your cash assets in a secure and confidential account with money market levels of interest.
Opening an account usually involves filling in a simple form, which we at Matrix will be pleased to help you with. The bank will ask for some kind of identification, such as a photocopy of your passport and a utility bill issued in the last three months.
Accounts can be opened in a variety of currencies. For customers with international commitments who make regular payments in dollars, sterling or euros, holding a balance in that currency will free you from the worry of exchange rate fluctuation.Matrix represent a selection of Offshore Banks to suit your needs. A phone call or fax is normally sufficient to operate your offshore bank account. Cash cards facilities enable you to draw funds discreetly anywhere in the world.
