Offshore Banking: A Hi-Tech Reality

Offshore Banking: A Hi-Tech Reality

Introduction Offshore banking refers to banking activities carried out in a jurisdiction outside of the depositor’s home country. As its become easier, this practice has become increasingly popular with individuals and businesses opting to bank offshore for a...
CBDCs: the New Target of African Central Banks

CBDCs: the New Target of African Central Banks

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...
10 Reasons to Open an Offshore Bank Account

10 Reasons to Open an Offshore Bank Account

Reason 1: Dilute Political Risk An offshore (or overseas) offshore bank account is an account located outside of your country of residence. Market risk is not the biggest threat to savings today. It’s your own government. Well is no doubt that governments are...
TOP 5 International Prepaid Business  Debit Cards

TOP 5 International Prepaid Business Debit Cards

What are Business Prepaid Cards? Business prepaid cards are payment cards that are issued to businesses for their employees to use for business-related expenses. These cards are preloaded with a specific amount of money, which can be spent by employees to pay for...