Safe Account Management
Added: (Mon Oct 03 2011)
Pressbox (Press Release) -
In a period that is characterised by market changes and globalisation, more and more private individuals and businesspeople have the idea and the wish of internationalising their resources like multinational concerns to present themselves in a more secure and flexible light for the future. Everyone ultimately has the right to do this.
In just the same way that "globalisation" means nothing else than increasing international networking, private and business customers can also profit from a diversification of their resources and being positioned in the offshore sector.
Private and business accounts at offshore banks are generally accounts that are safe from attachments as the highest levels of confidentiality and the observation of banking confidentiality are not just hollow phrases in this provider segment in particular. In general smaller offshore banks are organised as private banks, do not accept standard customers due to a lack of size and interest and thus waive the classic retail banking sector which offers all forms of financial services. This is certainly logical as the international clientele is predominantly addressed which would like to feel certain that their private and business matters are being dealt with to a very high standard.
The current situation demonstrates that spreading assets between several institutions is imperative as financial crises can also cause larger market players great problems at any time. A combination of risk spreading and high quality product solutions in combination with traditional values such as independence, flexibility, cooperation and the highest levels of discretion will be key criteria for customers in the future. No matter whether it concerns asset growth or retention of liquidity with special terms and conditions, trade financing or online banking. This includes account management that is safe from attachment, which at least guarantee time gains if customers have private or business liquidity shortages and offers the option of waiting for crises to pass due to high earnings from assets, and to take counter actions or create reserves for a new start. The problem of the sale of customer data to any authority is unknown in the offshore banking sector, and currently mainly affects renowned financial locations.
The use of online banking and credit cards reduces distances to a minimum. Whether you are living in an economically and politically instable situation or region such as the Mediterranean areas, exploiting tax advantages or want to participate in the specials terms and conditions of private banking - you have the right to do so. How the customer of an offshore bank disposes of his account management that is safe from attachment is his own business and is subject to his individual goals and sense of responsibility provided his assets are not derived from a criminal source, e.g. from drug trafficking or the arms trade.
Every market participant is free to make his own decisions and is entitled to have an offshore account, organise cash flows offshore, build up offshore assets and make use of account management that is safe from attachment.