INTERNATIONAL BANK ACCOUNT

BANK ACCOUNT ABROAD 2024

BANK ACCOUNT OVERSEAS FOR NON-RESIDENT

A bank account abroad in 2024 is by definition a money deposit service made available by a foreign bank located outside the country of its account holder and which will allow it to carry out banking transactions.

The bank account abroad aims to constitute a financial refuge for a person who wishes in addition to bank accounts in his country to open one abroad as an agreement with a foreign bank that allows to keep the cash with them to take some out whenever it is needed.

The overseas bank account is not only about a so-called offshore bank account which for one reason or another benefits its holder using foreign fiscal laws to achieve a reduction in taxes or duties, which is sometimes equivalent to tax evasion.

An international bank account, which in the past was a discreet way for businesses and individuals to hide their financial transactions, nowadays faces challenges from another dimension given the global measures taken to fight against money laundering.

A bank account abroad now faces two main obstacles: that of the tax authorities and the fight related to the new regulations in the context of bank compliance and KYC (Know Your Customer) procedures that are against non-legal cash deposits linked to criminal or terrorist activities.

Opening an international bank account is therefore suspicious, especially when it comes to bank accounts in exotic places called tax havens.

Despite the latest scandals which have revealed to the investigative press the complex structures of tax evasion and money laundering such as the Panama Papers, so-called offshore banks are still active for the benefit of individuals and creative companies who consider their activities as tax optimization.

WHAT DOCUMENTS DO YOU NEED TO OPEN A BANK ACCOUNT ABROAD?

The documents necessary to be able to open a bank account abroad online are:

  • Identity document (passport, ID), driver's license are not accepted.

  • A bank form to be completed including the function of the account (current account, professional account, etc.).

  • A proof of address certified by the consulate of the country where you wish to hold an account.

  • A specimen of the signature that is certified by the consulate.

  • The source and origin of funds and wealth that will be deposited in the overseas account.

WHAT ARE THE ADVANTAGES OF AN INTERNATIONAL BANK ACCOUNT?

OVERSEAS STUDENT LOAN   CHRISTMAS LOAN      LOAN BROKER    OVERSEAS PRIVATE LOAN   WITH GUARANTEE    OVERSEAS MORTGAGE    BUSINESS LOAN   PERSONAL LOAN    TAX ON LOANS    WITHOUT COLLATERAL    MICROFINANCE    P2P LOAN    CAR LOAN    WITHOUT CREDIT CHECK    CREDIT CARD    DEBT CONSOLIDATION    WITHOUT JOB    WITH BAD CREDIT    WITHOUT UPFRONT FEE    FOR DISABLED    ISLAMIC LOAN    LIST OF BROKER    LEASING FROM ABROAD    LOAN FROM OVERSEAS BANK   CHINA    THAILAND   EUROPE   FOR MIGRANT    FOR WOMEN   CAR FOR FOREIGNER   ELECTRIC BIKE LOAN    STUDENT LOAN REPAYMENT FROM ABROAD   LOAN FROM INDIAN OVERSEAS BANK   FOR MASTER    LOW INCOME LOAN    OVERSEAS CROWDFUNDING   FOR FARMER    OVERSEAS PAYDAY LOAN   WITH NEGATIVE RATE  OVERSEAS BANK ACCOUNT   OFFSHORE BANK ACCOUNT  ANONYMOUS BANK ACCOUNT  OFFSHORE BANK ACCOUNT  ANONYMOUS BANK ACCOUNT   GERMANY LOAN   SWISS BANK ACCOUNT    LUXEMBOURG ACCOUNT   PANAMA ACCOUNT  DUBAI BANK ACCOUNT    LOAN FOR US CITIZEN  LOAN FOR BRITISH   SWITZERLAND LOAN   MORTGAGE FOR ALIEN    LOAN FOR HOUSEWIFE  FOR FOREIGNER    UK LOAN    LIST OF GERMAN BANKS   KREDIT OHNE SCHUFA    USA LOAN    AUSTRALIA LOAN   FRANCE LOAN    BELGIUM LOAN    NO PROOF OF INCOME    WITHOUT INTEREST   START-UP LOAN   MAURITIUS    MOROCCO   NEW ZEALAND   LIST OF SWISS BANKS   LUXEMBOURG LOAN   LIST OF UK CAR LEASING    MONACO LOAN   SAUDI ARABIA  QATAR    LOAN FROM GOVERNMENT    ANDORRA LOAN    FOREIGN INSURANCE   FOREIGN CAR INSURANCE   FOREIGN HEALTH CARE   FOR EXPATRIATE    FOR CROSS-BORDER   FOR NRI   BLACKLISTED LOAN    MOTORBIKE LEASING    LICHTENSTEIN   LIST OF INTERNATIONAL BANKS   CANADA LOAN  WITHOUT SCHUFA   ISRAEL LOAN   ITALY MORTGAGE   DUBAI LOAN   LOAN FOR REFUGEE   LEASING FOR FOREIGNER  SPAIN  PORTUGAL   LEASING GERMANY   BKR LOAN