International Bank Accounts
Czar Capital Ltd
An international bank account is an account opened in a jurisdiction that is outside of the country of residence of the account holder. They are opened for financial and legal reasons, where the benefits of opening an offshore account are appealing to consumers and companies worldwide. The reasons for opening a bank account are as follows: greater privacy, low or zero taxation, and protection against local political and financial instability than that of your country of domicile. With the introduction of internet banking and internationally accepted debit cards and credit cards, banking-overseas is far easier than it used to be.