Credit Card and Debit Card Services

The overwhelming majority of offshore banks offer credit and debit cards issued to your account. In today’s world, this is the easiest way to have instant access to the money in your account. Offshore credit and debit cards are also a great way for Internet merchants, E-commerce entrepreneurs, individuals and small companies and corporations to manage their spending and obtain the products and services necessary to keep their businesses running smoothly.

Debit cards or credit cards linked to your offshore bank account remain as completely anonymous as your account - neither your name, your account/card number nor the issuing bank appear anywhere on the card. But, they can be used to access your money from practically any automatic bank machine in the world.

As with all cards issued from onshore banks, debit cards are only for cash withdrawals; credit cards are for purchases both online and in stores and service centres.

Offshore banks handle credit card and debit card services in two ways. With the first and most popular procedure, you may ask for a debit card or credit card to be linked to your offshore account at the time you set up the account. This works just like any debit or credit card you are used to. Credit card holders can request a maximum expenditure as well as a set total limit on purchases.

The second way is only for debit cards, and involves applying for a debit card, which then becomes linked to an offshore account specifically set up as a depository for that debit card. There usually are daily deposit and withdrawal limits, but otherwise these debit cards can be an extremely flexible tool for access to cash while travelling or in situations where the source of the withdrawal should be kept private.

With the advent of increased travel and a truly global economy, many offshore banks offer a choice of currency in which transactions are recorded on the card account. There are also many eligible sources for the funds deposited into the account, including PayPal, E-Gold, Western Union and many others.

Credit card and debit card services offered by offshore banks afford the card holder to use their offshore bank as they would any other, but with the added benefit of asset protection and complete anonymity.

If you are interested in finding out more information regarding offshore credit card and debit card services, please do not hesitate to contact us today. We’re happy to assist you in the establishment of an account at an offshore bank for the purpose of using their card services. We look forward to hearing from you!