A Foreign Bank Account refers to a bank account in a jurisdiction where the signer or account beneficiary is not a citizen or resident.

We commonly refer to these jurisdictions as banking havens due to their strict enforcement of customer privacy. The primary reasons for opening foreign bank accounts are privacy and asset protection. There are additional benefits such as estate planning as well as international investments and business. These benefits often require the proper legal tool.

How to Open a Foreign Bank Account

Foreign banks have very similar requirements when opening accounts; information about you, identification and an initial deposit. Depending on your financial institution, the bank may ask you for copies of your passport, references and proof of residence.

When you form a foreign company and open the bank account in the name of the business. This ties your financial account to a private company. When you have assets in your name directly, they are much easier targets for lawsuits. Increased financial privacy comes from utilizing two foreign jurisdictions, one for your company and another for your bank account. Essentially, you are taking advantage of a foreign country’s laws. In favorable offshore banking jurisdictions, it is a serious offense to provide customer information, and in another jurisdiction, it is also an offense for someone to provide information about the ownership of your company. This is the fastest way to protect your wealth from prying eyes.

Foreign Bank Account Benefits

Foreign banks often offer better interest rates as well as managed account services. Adding privacy is one feature, another is the opportunity for favorable foreign investments. Adding a foreign bank account to your financial picture is a great way to take charge of your own wealth protection.

If you are an affiliate or a freelancer you would find a foreign bank account very useful as most companies or network only prefer paying either into your PayPal or a foreign bank account

However, affiliates/freelancers from so many countries including Nigeria are not allowed to receive payment into their PayPal accounts. A very sad situation you may say! Not to worry as there is light at the end of the tunnel.

Good News

The good news is that you can now open, operate and run a foreign bank account from anywhere in the world. Not only will you own a foreign account, you will also be rewarded with $25 just for opening an account. Other benefits you will be entitled to are :

1. You will be given a master card free of charge

2, You will be given a foreign bank account number in the USA.

3, You can transfer money from this account to your local bank.

To enjoy all these benefits, take the following steps, click on the link and your foreign account will be ready within minutes.http:///2MI535u

Visit this link http:///2MI535u and supply all the required information.
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Legal Purposes OnlyThe above is said with the understanding that the company and bank account is used only for legal purposes.

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