Personal bank accounts - master thread

[TheOffshoreAdvisor]

As stated previously in this thread personal bank accounts should NOT be used for those seeking any degree of privacy or who wishes to do business on any scale. There is no privacy afforded personal accounts and if it is used as a business account your bank may wish to know why you do not have a properly registered corporation.

EU residents are also subject to the EU Savings Directive when banking in the EU, Switzerland and Liechtenstein.

[GoldenBay]

Originally Posted by TheOffshoreAdvisor

EU residents are also subject to the EU Savings Directive when banking in the EU, Switzerland and Liechtenstein.

http://en.wikipedia.org/wiki/Europea...ory_Provisions
What does this mean?
Switzerland, although on Sept. 25th, 2009, Switzerland was added to the OECD list of countries having substantially implemented the internationally agreed tax standards
How does Switzerland compares to Austria/Luxembourg in regards of banking secrecy?

[TheOffshoreAdvisor]

Originally Posted by GoldenBay

http://en.wikipedia.org/wiki/Europea...ory_Provisions
What does this mean?
Switzerland, although on Sept. 25th, 2009, Switzerland was added to the OECD list of countries having substantially implemented the internationally agreed tax standards
How does Switzerland compares to Austria/Luxembourg in regards of banking secrecy?

It depends on what country your from and who they have agreements with. Although the Swiss want out of the business of hiding untaxed money. I would say it is a toss up at this point as to who has better secrecy and if there are agreements with your country.

[GoldenBay]

What are recommended banks in Singapore/Hong Kong to open a bank account in person or by mail?

[slogold]

HSBC in HK and Singapore are good options

[GoldenBay]

Whoops. Actually I wanted to write recommended banks other than HSBC. I know HSBC, it's a global bank, what I'm looking for is something more private, maybe a bank that only operates in the Asia Pacific region?

[GoldenBay]

Let's deconstruct this one:
http://www.offshore-bank-account.eu/...customers.html
My guess is the Swiss is Swissquote, the Luxembourg is Internaxx...

Which is their banking partner in the Isle of Man, the USA, and Austria?

[GoldenBay]

If anyone interested in an account in Australia opened by mail they do it:
http://www.stgeorge.com.au/

[Barron]

Originally Posted by GoldenBay

Let's deconstruct this one:
http://www.offshore-bank-account.eu/...customers.html
My guess is the Swiss is Swissquote, the Luxembourg is Internaxx...

Which is their banking partner in the Isle of Man, the USA, and Austria?

The part that I like is where they say they can "guarantee" the opening of the account, something no one can do. Some of these marketers don't even offer a real bank account, it's a brokerage account in the different jurisdictions and they can't even "guarantee" those,

Best Regards

[Business Adaptation]

Standard Bank Isle of Man - open by post, at least this is what they told me