Offshore Current Accounts
The British Virgin Islands are a British dependence sited in the Eastern Caribbean, roughly 80 kilometres East of Puerto Rico. English is the official language and the United States Dollar is the local currency. The Government is steady and seems to remain that way. There is good commercial and professional connections and the Government encourages [...]
Continue reading about BVI Offshore International Business Companies (IBCs)
There are many more corporate than individual customers helding offshore accounts. Offshore banking corporate customers are generally sorted in one of the following four groups: Multi-national corporations; Large industrial and trading companies; Shipping companies; Financial services and banking institutions A large number of these companies outsources various operations overseas and require accounts in these countries. [...]
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