Offshore Account

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Offshore Account

What is Offshore Account?

A foreign bank account with assets and investments located outside of your place of origin or residency is referred to as an offshore account.
An offshore account functions similarly to a bank account at your neighborhood institution. Like a typical bank account, you may use it online and send and receive money. Debit cards and offshore bank accounts are frequently linked. Additionally, outside service providers provide foreign prepaid debit cards that may be connected to your foreign account.

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