Opening an offshore bank account in Cyprus
Opening an offshore bank account in Cyprus can offer a multitude of benefits to International companies, the main advantage being that you can use the internet to carry out most transactions. Well established banks in Cyprus can provide multi-currency trading accounts and investment accounts that can be accessed via the internet, so practically every transaction can be done online or by fax or...
Read MoreAn anonymous debit card simply means that you don’t have to have your name printed onto it.
An anonymous debit card simply means that you don’t have to have your name printed onto it. You can either choose to have someone else’s name printed onto it, put it into the corporations name or even choose to have the card printed with no name on it at all. The choice is yours. An anonymous debit card programme will operate in the following way. Normally a card-issuing bank will issue the...
Read MoreAn offshore bank is simply a bank where you can open an account but it is not in the country where you reside.
An offshore bank is simply a bank where you can open an account but it is not in the country where you reside. Most people decide to open a bank account in a country where there is no tax to pay or the rates are extremely low, one that provides financial and legal benefits, opening a Cyprus bank account can give you many of these benefits. Advantages to opening a bank account in Cyprus include a...
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