Offshore Bank Accounts
Using offshore bank accounts can improve your company’s efficiency and bottom line by the additional services the bank has to offer. For example, when you have a Belize Bank Current Account (chequing account) then you have access to your funds by wire transfer or banker’s draft. Brokerage services are available both by internet and non-internet trading to their international clients. Take advantage of trading online and offline for these: *Stocks*Exchange Trades Funds (ETF)*Bond (Treasuries, Corporate, Municipal) *Mutual Fund (Closed End, Open End, Load, and No-Load, Money Markets) and *Options.
The brokerage services are available thru the IBC, International Business Company, that is established with the Corporate Services Division as well as having a Current Account(which is considered one of the offshore bank accounts) with the British Caribbean Bank International Limited Ltd. When you do your own trading online, it is through an Internet based platform. You can use their excellent personal service by trading with a Belize Bank Account Manager via fax or email. They will then execute the trade for you with the brokerage provider abroad.
Why bother with offshore bank accounts? They offer a tax free account and are not subject to currency controls. The British Caribbean Bank International Limited Ltd offers currency in US dollars, Canadian dollars and Euro and Pounds. It has 24 Hour online banking, options to a Visa and MasterCard and a Debit Card. There is a minimum deposit of $1,000 (or currency equivalent) with a free monthly statement. It takes just 2-3 days business days upon receipt and approval of the completed application to open the account. Our application form and details on all of the services and products offered for personal use or to grow your business is on our site.
Offshore bank accounts have secure sites to conduct your business transfers and transactions with The British Caribbean Bank International Limited Ltd. They pride themselves on their excellence in customer service and desire to be the best which shows by their being the first and oldest continuous bank in Belize! They started offshore banking in 2006 and continue to offer the most up-to-date products for their international clients.
Did you know tourism has now surpassed agriculture as the major foreign exchange earner and the international financial services industry has been contributing increasingly to the growth and development of the economy? Belize also benefits from a number of preferential market access arrangements, especially with the USA, Canada, and the European Community. With a stable, democratic government and growth in their economy, along with a combination of excellent communications facilities, professional service and modern international financial services legislation provides an attractive environment for the international investor. Offshore bank accounts are one way to begin a professional relationship with The British Caribbean Bank International Limited Ltd.
