Personal og corporate offshore bank account, what protects your privacy?

[tonas]

I was wondering what is the best constalation to protect your privacy in regards to offshore banking? Is it a corporate / business account or will a private bank account help your privacy the same way?

 

[JohnLocke]

A personal account will reveal your name and adress everytime someone pays you or you‌ pay someone by wire transfer from the account. That's the reason for why so many‍ incorporate a simple and cheap offshore company when privacy matters.

 

[clemens]

Never open a personal account if privacy matters. Most people seeking privacy are incorporating a‌ offshore company to avoid their name to be revealed.

 

[electric]

What will appear for information if I open a HSBC bank account that is owned‌ by a Belize or Seychelles company where I am the listed shareholder and director?

(ie: The shareholder & director info is not public for a Belize or Seychelles company. However,‍ this info will need to be shared with the bank in order to open an⁠ account. So what info will the bank release if asked?)

Thanks.

 

[plotoffshore]

Interesting??? I thought the bank won't release any information about beneficial owner of a offshore‌ company! What information do they actually release?

 

[puntooffshore]

Never open a offshore bank account personal always use a company!

 

[clemens]

I agree, always use a Seychelles or Belize company when opening a offshore company. That's the‌ only way to keep your privacy and stay secure.

 

[pulledoffshore]

If privacy isn't important or at least not that important what would be best offshore‌ bank then?

 

[taruniis]

Almost all banks will consider helping you keep your privacy. It will just be a‌ matter of transactions between you both. This is sometimes listed in the laws of a‍ country. It will be good if you consider reading constitutions, too.

 

[pulledoffshore]

So reading a countries constituions will tell me what level of privacy I get from‌ the banks, please elaborate if you can?

You help is much appreciated.

 

[JohnLocke]

Indeed it will, since only a few countries have the banking secrecy in their constitutions,⁠ i.e. Cyprus is such a country.

 

[buka]

Cyprus with Seychelles company owning the bank account will workout pretty much any privacy scheme‌ 😉

 

[kuntobunto]

The best way for maximum privacy and anonymity with banking in Cyprus!‍

 

[biskoffshore]

Why not Seychelles or Mauritius? I read they have banking secrecy as well or not?‍

 

[Spinat]

ALWAYS corporate account if privacy matters!⁠ Opening personal accounts will make it easy for any authority to get owner data from⁤ the banks. It's not that difficult to just put a Seychelles corp. in front of⁣ your banking if you understand what I mean.

 

[poulaCo]

You know alot about all this blueweb. I would have opened a personal⁠ and corporate account in Cyprus and offshore if I didn't had read this!!

 

[JohnLocke]

If you are reading some of the many forum topics and threads here you will‌ see that most users tell you never ever to open a private bank account if‍ privacy and anonymity matters. It's always best to put some simple offshore company in front⁠ of such.

 

[protain]

What if the bank claim to have a 100% anonymous bank account and debit card‌ to offer? The same, always a company or would you think it's ok with private‍ bank account?