Domestic banks in most Western countries underperform on almost every measure, whether you look at the balance sheet or the management report. And there are even cases where domestic banks make much riskier decisions than offshore banks.

Other specific situations have accelerated the opening of offshore bank accounts, such as lawsuits, confiscation of assets, seizure of assets, controlling governments and in some cases even extravagant, as well as high-risk banking practices in their countries of origin, have created a climate of uncertainty and concern for the Investor, local businessmen, who with effort and years of work have consolidated their assets.

An offshore bank account is a bank account located in a bank outside the country of residence of the account holder. Thus, these bank accounts will be associated with account holders who are not residents of the country where the bank is located.

Offshore bank accounts are opened for greater security, for a wider range of services that currently exist in most of these developed countries, in short offshore banks tend to be safer and more financially sound.

In conclusion, offshore banking helps to protect, grow and diversify your wealth, which is why it is convenient to open an offshore bank account.

Nowadays, with the interconnection between countries in an immediate way, the world of finance and international banking is not far from this reality, hence bank accounts and investment options are available all over the world.

Foster Swiss is made up of international private banking professionals who faithfully respect Swiss banking secrecy laws. You can put yourself in the hands of professionals who will ensure your absolute confidentiality. Consult a financial advisor for more information, info@fosterswiss.com