World Offshore Banks provides neutral, research-based information on offshore banking, account requirements, and global jurisdictions. We do not represent any bank.
An offshore bank is a financial institution located outside a person’s country of residence. Offshore banking is commonly used for international business, diversification, cross-border payments, and currency management. It is generally legal when declared and compliant with reporting and tax obligations.
Banking conditions vary by country—regulation, residency requirements, minimum deposits, and international reporting (CRS/FATCA). Compare jurisdictions to understand what is realistically possible today.
Some banks accept non-residents, while others require local presence, residency permits, or a company. Typical documentation includes passport, proof of address, and source-of-funds evidence.
Policies differ widely. Some banks are crypto-friendly, others allow limited transfers, and many reject crypto exposure. Always verify the latest compliance policy of the specific bank.
Modern offshore banking operates under KYC/AML and international reporting. Offshore does not mean anonymity. Responsible use depends on transparency and proper compliance.
This website provides general informational content only and does not constitute legal, tax, financial, or banking advice. Consult licensed professionals for decisions.
