Free Articles  >>  Business And Finance >>  Page 3165  >> 

Getting a Secret Offshore Bank Card

The easiest and most cost-effective way of withdrawing funds from your secret offshore account will almost certainly be through the use of an offshore bank card.

Used in the right way, offshore bank cards can execute financial transactions that leave almost no trace of your identity, but, generally speaking, the larger the transaction the harder it is to keep secret.

The cheapest card you might get can be a gift card, which is paid for upfront. You may be able to load up to 1000USD on to each gift card you purchase without having to identify yourself. Other specialist "card providers" can provide a similar service. You can purchase one of these by wiring funds from your offshore account to a specialist card-loading account, and then have your card sent via mail. Then again there are "virtual cards", so-called because you possess only the number rather than a physical card. These can be very secretive, but are not suitable for day-to-day use.

Brand-name debit and credit cards like Visa and Mastercard will always require identification, at the very least a notarized passport copy and utility bill. It is still possible however, to effectively shield your financial transactions from the great majority of "outsiders".

One of the most common ways is to get a card in the name of your offshore company. In this way your company name will appear on the card, your company name is registered when the card is swiped or the chip is read, and your company name will appear on all receipts. If this company is located in a tax haven with strong bank secrecy, and company records like the names of directors are hard to access, it will be extremely difficult for an outsider to pierce the "corporate veil", and identify the flesh and blood person behind the transaction.

Using a brand name card is often preferential to gift cards, or simple cash cards because it has a much wider reach. From personal experience I have had "bank cards" issued by the local branch of a an international bank in a low-tax jurisdiction, which did not work at any ATM outside the country where they were issued. Even worse, I could not access my money from international bank's branch in a different country, no matter what ID I supplied. Funds were essentially "landlocked".

By contrast, a brand-name card like Visa or Mastercard will allow you to access your funds from anywhere in the world. Since the card providers know who you are, you lose confidentiality using these cards at home.

But for day-to-day purchases on vacation, online purchases into thousands of dollars, their ease-of-use and high-limits, brand name cards are easier. Furthermore you can be sure that it will work wherever you go, and you can be sure of cash in an emergency.

About Author Patrick Winters :

The author is a staff writer for Offshore Banking House Capital Conservator. Capital Conservator products are meticulously engineered to provide the best combination of security, confidentiality and ease-of-use. Modest and sensible due diligence applied. Click for more information on our confidential offshore bank cards: <a href="" target="_blank"></a> -card.php

Article Source:
Article Url:

Article Added on Sunday, July 19, 2009
Other Articles by Patrick Winters

Secret Offshore Bank Account Is It Possible
? Secret offshore bank accounts are the stuff of legend. This article intends to debunk some of the myths about secret offshore banking by setting out what is and isn't possible. 1) It's impossible to open an offshore bank account without first somehow identifying yourself. This means sending a notarized copy of your bank account/passport details to the bank or intermediary. 2) Most offshore banks will also require a reference from a bank at home. 3) If you open an offshore account in the name...

Offshore Credit Card Mistakes You Wish You Never Made
Everyone knows how hard it is to get a functional offshore credit card that's also half-way private. It's not your fault. Legislation like the patriot act makes it intentionally difficult for anyone to be secretive, regardless of whether the activity is illegal or not. Of all offshore transactions, an incredibly small number are illegal, yet offshore banking and the desire for privacy are routinely censured and dumped into the same basket as money-laundering. Getting your offshore credit...

Use an Offshore Credit Card Like Visa or Mastercard To Enjoy Instant Access To Offshore Wealth
Opening an offshore account and then actually having convenient access to it can be expensive and time-consuming. Despite what you may have read or heard, owning an offshore credit card is not illegal. Of course, using one as part of a tax evasion strategy is against the law. Most offshore investors will not want to carry suitcases full of cash across borders, so a card that its part of a recognized network like an offshore Visa or offshore Mastercard is often the best option. From personal...

Offshore Credit Cards Debit Cards and Secured Cards
One of the problems most investors come across once they have moved offshore is how to repatriate their offshore funds. Sending wires directly back to your home bank account could involve dangerous invasions of privacy whereas physically going to your offshore bank and withdrawing cash may also breach customs restrictions and invite the risk of theft. For larger payments, you could ask your offshore bank to wire funds directly to the vendor but the time and effort this involves would not be...

Legal Offshore Bank Accounts That Keep Your Identity Secret
The offshore banking dream is persistent. When people think of offshore bank accounts they think of yachts, fast cars and perhaps a balmy tax have lifestyle to complement it. Maybe it involves moving to another country entirely, life in a far land supported by a swiss bank account. One of the hardest first steps is finding offshore banking that you can trust. But offshore bank accounts are made hard to find by design, and the primary stages during offshore account opening can be treacherous....

Offshore Asset Protection Secrets They Don t Want You To Know
For every moderately affluent person there comes the time to start thinking about the future: namely asset protection and preparing for the worst. Although we can all hope for the best, life shows us that those who are prepared win time and time again. Its not just the incredibly rich who have to think about these things, these days it's anyone who actually earns money that may find himself in danger of getting framed and railroaded by a lawyer or inept government official. The ways that...

Are You Looking for a Secret Numbered Bank Account
? For many, numbered accounts are shrouded in mystique. What could be more exciting that having an associate wire money direct to your secret Swiss numbered bank account? Get greeted by your personal banker (although he doesn't know your name), be guided past nuclear security systems like the President himself into the vault, where a numbered box lies waiting for you, filled to the brim with fresh pressed notes. It's a dream, and one we can all indulge in for a moment, but how does it work in...

Are Private Offshore Banks More Secretive
? Part of the reason why private offshore banks are called ´´private´´ is their reputation for secrecy. People expect private offshore banks in a country like Switzerland or Panama to keep confidential account records an issue between banker and client. How Does Bank Secrecy Work In Practice? The way a private offshore bank does this is twofold. Firstly, most offshore banks that purport to be confidential are located in countries with strong bank secrecy laws. The Swiss banking law or the...

Internet Offshore Banking Open an Offshore Account the Easy Way
Offshore banking is nothing more complicated than banking in a country where you are not a citizen or resident. If you live in the US, banking in Canada is just as much offshore as banking somewhere more exotic like the Caribbean or a Pacific island. Unfortunately, some of the countries which offer most benefits to the offshore investor are not always close to home. The benefits of offshore banking have been clear for decades, but usually only available to the very rich. You may imagine...

Offshore Bank Accounts Easy Introduction For First timers
Bond villains, corrupt dictators and even Bono can lay claim to offshore bank accounts. But what about the rest of us? Does anyone really need an offshore bank account, and how much money do you need to make it worthwhile? Getting an offshore bank account simply means opening an account outside of your home country. If you live in America, opening an offshore account in Canada will be ''offshore''. Likewise if you live in Britain, an account in one of the Channel Islands or Ireland will be...

Click here to see More Articles by Patrick Winters
Publishers / Webmasters
Article ID: 145945
DELINK URL from Authors Bio
REMOVE Article
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:

225 Users Online!!
Related Articles:
Latest Articles:
Business And Finance >> Top 50 Articles on Business And Finance
Category - >
Advertising Advice Affiliate Programs Automobiles
Be Your Own Mentor Careers Communication Consumers
CopyWriting Crime Domain Names DoT com Entrepreneur Corner
Ebooks Ecommerce Education Email
Entertainment Environment Family Finance And Business
Food & Drink Gardening Health & Fitness Hobbies
Home Business Home Improvement Humour House Holds
Internet And Computers Kiddos and Teens Legal Matters Mail Order
Management Marketing Marriage MetaPhysical
Motivational MultiMedia Multi Level Marketing NewsLetters
Pets Psychology Religion Parenting
Politics Sales Science Search Engine Optimization
Site Promotion Sports Technology Travel
Web Development Web Hosting WeightLoss Women's Corner
Writing Miscellaneous Articles Real Estate Arts And Crafts

Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of and/or its owners.

Copyright © AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

Business eMail Address Provided By AwareIndia

Company IDS