Paid interest on Offshore bank account how much?

[blainchain]

The title says it, so how much Interest is paid on offshore bank accounts?


What bank pay the most?

 

[JohnLocke]

Depends very much on which offshore bank you open the account with, most don't pay any or only little interest.

 

[averagejoe]

No interest at all is that normal for a offshore bank?

 

[OffshoreInc]

Depending on where you bank the interest rate varieng from 1% and up to 1,9% most will as mentioned not pay a dime.

 

[blainchain]

Is there interest to pay or not? What offshore jurisdiction is best for offshore banking now a days?

 

[JohnLocke]

Well some of the banks pay interest but it is less than what you would get in you local bank, below 1% in general!


The offshore jurisdiction for your banking needs will depend on what requirements you may have and what facility the bank account shall offer.