ANDORRA

Andorran banks have very conservative policies and there are only seven banks

• Maintain complete financial secrecy
• Have ties to Swiss banks
• The banking entities established in the Principality basically offer traditional universal banking services
• Offer sophisticated services for high net worth individuals
• Foreign banks are prohibited from opening branches and this is unlikely to change
• Banks in Andorra also offer more sophisticated services for the high net worth individuals
• There are no withholding taxes at present but this may change in the future
• The Andorran financial system is highly regulated. Several laws have been introduced to provide a solid legal framework for the system
• Not a member of EU but the euro is the de facto currency

BAHAMAS

The asset base of the Bahamas' banking centre is among the top ten countries in the world Private banking, portfolio management, and mutual fund administration have gained in importance in recent years, reinforcing the international community's recognition of the Bahamas as a safe repository of the financial assets of both individuals and corporations.The Bahamas can offer a range of off shore accounts ranging from a bank account, through internet and investment fund accounts to the highly prestigious private account.

• Private banking:Current accounts & deposit accounts, Money transmission, Foreign Exchange, Visa debit card,Credit facilities and Private e-banking
• Investment management: Discretionary portfolio management, Non discretionary portfolio management, Non management investment services
• Wealth planning & fiduciary services:International & domestic,Trust & fiduciary services through in-house trust companies

HONG KONG

Hong Kong's banking sector is one of the most dynamic areas of the economy.

• Hong Kong is a renowned international financial centre
• The banking sector runs on state-of-the-art technology
• Prestigious jurisdiction
• International (non EU) Banking
• Multicurrency facilities
• Fully-featured internet banking
• Low taxation and free trade
• Independent judiciary functions and the common law framework
• An important centre for international finance and trade with one of the greatest concentration of corporate headquarters in the Asia-Pacific region.
• Currency is the Hong Kong dollar which has been pegged to the US dollar since 1983

SWITZERLAND

Banking in Switzerland is extremely diverse, even though it is based on the principle of universal banking.

• Privacy & Security
• Stable economy
• Almost any currency including Ruble, Canadian dollar, Euro, US Dollar and Yen
• Prestigious jurisdiction
• All major international banking institutions are represented there
• Bespoke solutions and services to both personal and corporate clients

Services for corporate clients include:

• Full investment and Banking Services
• Capital Markets
• Organisation and project financing
• Direct investment consulting

Services for private clients include:

• Online banking
• Minimum deposit 1000 Swiss francs
• Online trading in futures/stock market
• Credit and debit

TANZANIA

Tanzania has become one of the fastest-emerging gold producers in Africa, and is now the continent’s third largest gold producing country after South Africa and Ghana.

• Tanzania is a former British colony but is now an independent sovereign nation
• The Tanzanian banking sector is quite developed and includes key emerging markets banks
• The banks deliver a wide range of key banking services
• We work with a major bank in Tanzania which has the majority of its operations in Europe providing you with the efficiency and stability advantages of dealing with a European bank, together with privacy advantages of being in Tanzania

If you have an enquiry please contact our specialists for FREE advice and consultation on +44(0)1462 427 300 or email us sales@rmonline.com