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What is private banking?
 

 


Private banking is a term which refers to major institutional banks which offer financial services to private individuals. These banks would normally have two distinct divisions - private banking, and corporate banking. Historically private banking has been viewed as very exclusive, only catering for high net worth individuals with liquidity over $1 million, although it is now possible to open some private bank accounts with no more than $50,000. An institution's private banking division will provide various services such as wealth management, savings, inheritance and tax planning for their clients. The word "private" also alludes to bank secrecy and minimizing taxes via careful allocation of assets. An offshore bank account may be used for this purpose.

 

S.I.B.A Consulting is a consulting International Swiss Investment Bank Account opening

 

What is bank account?
What is an offshore bank?
What is an offshore bank account?

Who can legally open and hold an offshore account?
Where should an offshore account be established?
Who can benefit by putting their money offshore?
Is it convenient to use offshore banks?
What are some of the general advantages of banking offshore?
Do I have to pay income tax on income I've earned offshore?
 

Is there any restrictions regarding citizenship?
How do I open and access an offshore bank account?
In which currencies can I open offshore account?
What is the minimum deposit required to open an offshore account?
What documents are required for the opening of a bank account?
How long does it take to open a bank account?
Who will control my bank account?
Is my bank account guaranteed when I pay your fee?
What happens, if a bank declines my account application?
 

Is offshore banking safe?
Am I guaranteed absolute privacy and confidentiality from an offshore bank?
Can I view my offshore accounts and investments online?
Can I get cards to access my money with an offshore account?
 

What is saving account?
What is deposit account?
What is current account?
What is numbered account?
What is bank secrecy?
What is private banking?

 

 


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