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 Bank Accounts

All the major offshore jurisdictions offer wide selection bank facilities, which range from simple savings and cheque accounts to sophisticated corporate trading facilities.

The main advantages of offshore bank accounts are that their interest income is tax-free.

Thombros Consultants have exceptional relations with various reputable banks, and are able to arrange introductions and open accounts with these institutions, subject, of course, to the banks' individual account opening requirements.

 Credit Cards

Credit cards (plastic money) may be used for the payment of bills, purchases and cash withdrawals from automatic cash machines available worldwide.

Banks require that some funds be blocked as security before the cards are in use. The size of the blocked funds range from US$2,000 to various multiples of the cardholders limit.

Debit cards are normally easier to acquire, as they draw on the existing funds of the cardholder.

Selecting a card issuer is important, as charges vary.

Thombros Consultants can advise & recommend various options through various banks, which provide debit and credit cards.

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