With our International Offshore Bank, you can safely and privately diversify your assets, open multi-currency deposit accounts, trade privately stocks, bonds, mutual funds, CDs, commodities and currencies on markets everywhere, and buy offshore funds and other investment products.
Manage your accounts with our Internet Banking platform, keep your assets safe, take advantage of our Swiss tradition of banking privacy, protect your capital and use all the international banking services of a leading offshore bank.
Learn more about Offshore Banks, Tax Havens, Asset Protection, Private Banks, Financial privacy, Investment diversification, International banking, Safety and security, Tax free banking and Banking Havens in this site.
"Bancoii Offshore bank - not only for millionaires. "
Fiduciary Accounts
Clients with substantial cash funds to deposit, may wish to consider spreading
their risk and gain confidentiality by holding such deposits at a number of
different
financial institutions.
Fiduciary accounts offer an extremely significant tax advantage. For example;
interest is not paid to the client by the Swiss bank, but directly by the foreign
bank. In accordance with the Swiss taxation authorities, this revenue is not
subject to the advance tax (35%) or the other forms of taxation (such as the
stamp duty).
The Fiduciary accounts gives the clients the opportunity to invest in international
money markets and receive a rate of interest closer to that which would normally
be paid only to banks or large institutions. Importantly it allows a spread
of risk, reduces administration and encourages active cash management.
Bancoii offers Fiduciary accounts where funds are placed with several different
financial institutions on behalf of the depositor. By using our treasury expertise
coupled with our skills in fiduciary management, we are able to place the client
funds directly with other institutions on their behalf. At the outset, we agree
with you a programme for investment, covering the nature and scope of the risk
the client wish to undertake. We then agree a list of suitable banks, building
societies and finance houses with which we can transact business.
We will manage all aspects of the transaction, including the management of
funds, transactions, and associated reporting. The fiduciary accounts provides
the clients with the ability to have a spread of market risk and a professionally
managed liquidity program, at a highly competitive cost.
Under such an agreement, the client commissions the bank to invest his/her
liquid assets with another bank. The bank acts under its own name but for the
clients account. In such a way, the investment remains discreet.
This arrangement removes the requirement for the individual depositor to open
different accounts with several institutions, which can be a very cumber some
and time
consuming process.
It also enables Bancoii to obtain wholesale rates on behalf of its depositors,
which may be higher than those which could be achieved by the depositor placing
funds with those institutions directly.
