Offshore Bank Accounts: What You Need To Know

Running the country is up to us. Our businesses keep the country going. Our businesses supply people with jobs. We go to work and provide all sorts of products and services to ourselves. We pay for everything from roads, to schools, to the very government itself. We pay the president!When you are abroad, find another HSBC. Present your U.S. HSBC banking bona fides and your account will be opened smoothly. Don't put more than $10,000 in the account. HSBC is a synonym for any solvent foreign bank with a branch on U.S. soil. Most advisors say never do this. They're right. But since it's very hard to get an offshore bank account as a U.S. citizen without reference letter from your U.S. bank, then I respectively disagree with the experts. Get a bank account at a local branch of a foreign bank and then go open the real account with your sterling U.S. credentials. Not perfect in the hide-and-seek game, but not much is anymore.Always try to trace what the organization that is behind the website actually does and consider whether it fits your bill. In my experience, offshore banking websites can be classified into 3 broad categories.In practice this means you provide evidence to this man that you are who you say you are, and/or that your company is what you say it is. You take an oath on the Bible. That's right, it's not a joke.Other scams being used that slightly differ from the above are the emails from a certain son, daughter, or wife. These follow the same pattern more or less. It starts with a terrible accident where their father / husband have been tragically killed with a huge fortune in an offshore banks. They need your help and bank details so that they can transfer millions of US Dollars into your bank so that they can get hold of it.No matter where you live, you can manage your funds in any currency. You just have to make sure that you check which currencies are accepted in the bank. This saves the hassle of having to convert the currency of the money which you are currently using. At least the value of your money is protected.financial freedom, non chexsystems banks, paid taxes