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offshore
(redirected from Offshore banking)

    Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
offshore
based or operating abroad in places where the tax system is more advantageous than that of the home country
offshore [′ȯf¦shȯr]
(geology)
The comparatively flat zone of variable width extending from the outer margin of the shoreface to the edge of the continental shelf.
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Singapore long considered a secure tax haven for offshore banking has caved in and passed a new tax law.
Singapore Caves in to New OECD Tax Treaties by Aurelia Masterson / Politics community
How to create an offshore merchant account Creating an offshore banking account is easy.
Advantages of Creating An Offshore Merchant Account by Jack Ryon, / Banking, finance and accounting community
But in a nutshell, offshore banking simply means putting your money in a bank located outside your place of residence or home country.
Banking on offshore havens by Gulf News (United Arab Emirates)
 
 
 
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