Named offshore debit card - possible workaround?

[WCons]

Have a Belize IBC and an associated corporate account with a Belize bank.

I have a number of employees that work for my company, however none of them have any signing authority or any involvement with company finances. I do all of the banking and related transactions as it is my company.

When I opened up the IBC and bank account, I was listed as the sole shareholder (100%). I filled out a debit card application and received a debit card in my name (also has my company name on the card right below my own name)

So as I hate to use this card in my home country (for obvious reasons... it has my name on it!) I have a question about ordering a second debit card.....

Can I contact the bank and have one of my employees order a debit card? I would give full authorization for this to happen. I would then go with him to the bank on occasion (whenever I need money) or go with him to make big purchases. Security is no problem because I would never give him the PIN number.

My employee is not concerned about this at all. I ran the idea by him, and he is OK with it.

This way I would be using a debit card with someone else's name on it. My name is very unique, but his is very very generic (think like "John Doe" or "John Smith") so he would be really hard to track down even if someone wanted to... there are thousands and thousands of people with his name in this country.

a) Would it be successful to arrange things this way?
b) Before I approach the bank, does anyone think they will have a problem with an employee of mine (who they don't know and I have never mentioned to them) ordering a debit card? I would be making the request, but he would fill out and sign the application form.

Any thoughts would be much appreciated!!!!!!!

[Tamarind]

It should be no problem for the bank to issue a debit card to any named person from your side, which is attached to the account.

It would be a simple corporate employee with access to the account.

I don't see any problems here, but different banks have different rules i.e making the person you want to have a debit card, co-signatory to the account.

Ask the bank freely, you are not asking anything out of ordinary. At the end it's your responsibility to whom you give access to the account.

[belizeisok]

Generally speaking,you will have to supply due diligence docs to the bank for the employee.This individual will also have to be signatory on the corporate account.
Keep in mind,I'm generalizing here.I'm involved in 5 IBC's in Belize with different banking arrangements so if you can be more specific regarding which bank(s) I can be more specific.
Several of the Belize Banks have the name embedded IN the magnetic stripe of the debit card,even though no name visibly appears on the card the individual is not anonymous.
I gather you're already aware of that from the "John Doe" comments in your post.

[okfec]

I wouldn't trust and share knowlegde that I bank offshore with my employees or with any other person....

[invest24h]

Originally Posted by belizeisok

Generally speaking,you will have to supply due diligence docs to the bank for the employee.This individual will also have to be signatory on the corporate account.
Keep in mind,I'm generalizing here.I'm involved in 5 IBC's in Belize with different banking arrangements so if you can be more specific regarding which bank(s) I can be more specific.
Several of the Belize Banks have the name embedded IN the magnetic stripe of the debit card,even though no name visibly appears on the card the individual is not anonymous.
I gather you're already aware of that from the "John Doe" comments in your post.

I Have account at Belize Choice Bank. They are able to provide payoneer prepaid card - as they said to me, there is no name encoded at plastic.
Can you confirm if it is true?