by Fred Trebley | Jun 12, 2023 | Banking
With mushrooming banking regulations, even opening a domestic bank account can prove complicated these days. So many are understandably cautious about opening an offshore bank account. That’s a pity because there are unique benefits on offer for you and your business....
by Fred Trebley | Mar 13, 2023 | Banking
Time was when offshore banking was a dream rather than a reality for most investors. But technology has changed all that, and along with it, snail post, rigid time zones, and at least some of the red tape. With the advancement of technology, it is now easier than ever...
by Fred Trebley | Mar 3, 2023 | Banking
Several central banks in sub-Saharan Africa are exploring or are in the pilot phase of a digital currency, following the introduction of the e-Naira by Nigeria last year. Nigeria was the second country, after the Bahamas, to set up a CBDC which stands for ‘Central...
by Fred Trebley | Feb 12, 2023 | Banking
An offshore (or overseas) offshore bank account is an account located outside of your country of residence. Here are the top 10 reasons why you should open it now. Reason 1: Dilute Political Risk Market risk is not the biggest threat to savings today. It’s your...
by Fred Trebley | Feb 12, 2023 | Finance
The Cyprus Securities and Exchanges Commission (CySEC) reported that it had seen a 200% increase in its market surveillance activities since 2011, with the number of entities under its supervision increasing from 250 to almost 800. According to the financial...