Major Banks in Offshore Countries. Major Banks or Local Banks?

[ricar]

I'm still trying to decide where to set up a corporation and bank account. Thanks JPay for your info on my last post.


My question is will you choose a major bank like Barclays, HSBC or Credit Suisse in places like Seychelles, Panama or HK or will you wor with a smaller but local bank? I wonder if working with the major banks will anyway anyhow will difficult to keep privacy in my dealings from that business?

 

[JohnLocke]

Well, with HSBC and Barclays it is for sure granted that you don't have any privacy at the same level as for instant with a small local bank in an offshore jurisdiction.

 

[ricar]

Do you mean that it will be a mistake to set up an account in HSBC....in an offshore jurisdiction. Due to been my first time in need of an offshore bank and company, I feel more secure using a major bank.

 

[JohnLocke]

It's not a mistake. I simply say that the bank may not offer you the same privacy and secrecy a small bank in Cyprus offers. For instant you could open an account with Bank of Cyprus.

 

[ricar]

Admin thanks for your comments. When you don't have a clue about how to proceed and you get a forum like this one, you don't know how relief you can feel


Could it be possible to open a corporation in Seychelles with a local bank as a bulletproof way of not finding who's behind and then sending all the assets (which will be just money) to a bigger bank in Panama and set up a corporation. Will that give me almost 100% proof. Open corportation and local bank in the Seychelles and then transfer everything to a corporation and a major bank in Panama?


Thanks again for your help.

 

[clemens]

Personally I have been satisfied with the USB Bank in Cyprus account I hold. Also I have an FBME account which works as well, they are expensive but ok.

 

[megamath]

All the Cyprus banks work very well, some better than others. However, what is of interest when speaking offshore banks / banking is, which banks are available? Can you input some of the good offshore bansk in the good offshore jurisdictions around please ?

 

[forcet]

I had the pleasure with Piraeus Bank in Cyprus, they work very well for me.