Offshore or International account?
The Channel Islands started it off as an offshore financial centre as Crown dependencies, and are in fact totally on their own when it comes to Banking and are not tied in any way to the government of the UK. Now there are approximately 70 offshore financial centres and if you choose to bank at any of these centres you could be deemed as having an offshore bank account. Expatriates and those with business abroad, utilise offshore accounts as...
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