Offshore Banking Information

Offshore Bank Charter

On 04.13.13, In Bankers Bookstore, Featured, Offshore Banking, Offshore Legislation, anguilla, belize, cayman islands, st. vincent & the grenadines, vanuatu, By OffshoreBanker

Offshore Tax Havens still issue International Banking Licenses
and capital requirements start as low as $25,000.00 for a restricted license issued in a highly respected financial centre.

Regulatory changes during the past few years have left only a few jurisdictions which still issue licenses for new bank startups. Some countries have stopped accepting new applications altogether while others have decided to issue licenses only to branches of internationally established banks. The few jurisdictions which do in fact welcome new private bank startups offer very reasonable qualification and capital requirements. Minimum capital requirements start as low as $25K for a restricted Class B Banking License and from $250K for an unrestricted international license. Please visit www.offshore-bank-license.com for further details.

Offshore Banks For Sale – Banks4Sale.Com

On 03.23.12, In Featured, Offshore Banking, By OffshoreBanker

Banks4Sale.Com has launched a listing service for Onshore and Offshore Banks for Sale. Visit www.banks4sale.com

Banking4Bankers – Starting Your Own Bank?

On 01.18.12, In Featured, Offshore Banking, By OffshoreBanker

Banking4Bankers just added a new interesting feature on their website. You can now request a Custom Proposal document describing the “Bank in a Box” concept based on your specific needs and conditions. You fill out a short form describing your anticipated financial activities, the type of customers you are planning to serve and their general geographical location. After submitting the form you will receive a Custom Proposal document describing all the different components of the “Bank in a Box” concept offered by Banking4Bankers such as the Online Banking Software, Card Issuing, Correspondent Banking, Offshore Legal Entity etc. Please visit www.banking4bankers.com for further details.

New Zealand FSP – 7,900 NZ Financial Service Provider Registrations so far

On 05.06.11, In Featured, Jurisdictions, Offshore Banking, new zealand, By OffshoreBanker

The Financial Service Provider Register (FSPR) has registered 7,900 Financial Service Providers (FSPs) since the opening of the Register in August 2010. Any person or entity offering financial services in or from New Zealand must be registered in the FSPR. (more…)

Overseas Clearing Corporation expands operations in BVI

On 04.07.11, In Featured, bvi, By OffshoreBanker

Overseas Clearing Corporation (OCC) announced the opening of its subsidiary office in Road Town, British Virgin Islands on April 6, 2011. The new OCC subsidiary will operate under the name Overseas Corporate Solutions Ltd (OCS) and will play a crucial role in coordinating the global activities of OCC in 27 jurisdictions. (more…)

New Zealand OFC – Offshore Finance Companies subject to new FSP Regulation

On 04.04.11, In Featured, Offshore Legislation, new zealand, By OffshoreBanker

New Zealand Offshore Finance Companies (OFCs) are required to be registered as Financial Service Providers (FSPs) from December 1^st, 2010 in accordance with the Financial Service Provider (Registration and Dispute Resolution Act 2008) regardless of whether such Companies are offering services to residents of New Zealand or non residents only. For full details about the FSP regulations, visit www.zealandfinancial.co.nz.

New Zealand OFC – Offshore Finance Company (OFC) – New Regulations

On 01.24.11, In Featured, By OffshoreBanker

If you do some research online in regards to New Zealand Offshore Finance Companies (OFCs) you will find tens if not hundreds of offshore service providers marketing such entities at various cost and service levels. Although an New Zealand OFC can serve as an excellent vehicle for offering banking services to non NZ residents, there are new regulations to consider from December 1^st 2010. Most providers of OFCs are providing entities which are not compliant with the current legal framework in NZ and such entities are not legally entitled to offer financial services, whether to NZ residents or non residents. Visit www.newzealandofc.com for further details about the OFCs and the new regulatory situation in New Zealand.

How to Connect to SWIFT

On 10.28.10, In Featured, Offshore Banking, By OffshoreBanker

SWIFT has made it easy to connect to its messaging platform by introducing SWIFT Alliance Lite. You can now become a SWIFT member without any setup fees and at a monthly cost as low as EUR 200.00.

What is SWIFT?

SWIFT or the Society for Worldwide Interbank Financial Telecommunications is an international banking transaction organization with its headquarters in Belgium. Besides the headquarters, the branch offices of SWIFT are located in all major financial centers around the world. SWIFT defines itself as a ‘member-owned’ co-operative that provides the financial world to secure its business transactions with ‘speed’ certainty and confidence’. (more…)

Offshore Banking in Panama

On 11.03.09, In Featured, Offshore Banking, By OffshoreBanker

Panama City Skyline

Most people visiting Panama for the first time are surprised to see the Manhattanesque skyline of Panama City and to learn that this is a thriving center of international trade and finance as well as a popular retirement haven not only for North Americans, but also an increasing number of Europeans and people from all over of the world. (more…)

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