Offshore Bank Accounts In Jersey And The Services Provided

One of the favorite destinations of offshore investors seeking ideal banks and institutions around the world is Jersey. Jersey offshore bank accounts are highly reliable and considered very safe for investing and depositing money.

Strong and stable political and economic environment of Jersey makes it one of the most trusted hubs of offshore bank accounts. Strict regulations followed by banks operating in Jersey ensure complete security of the transactions of clients.

Regulated under the Banking Business Law of 1991, there are hundreds of banks and financial institutions operating in Jersey. Therefore, the scope of getting a good bank and reputed financial institution which can provide high quality services is very high. An investor can choose from the best options which suit his personal and professional requirements.

All banks and financial institutions in Jersey are regulated and supervised under Jersey Financial Service Commission. An investor should always check whether the offshore bank of his choice is regulated by FSC or not. It can easily be done by visiting the official website of the commission as it has a list containing names of all the banks which are duly regulated by it.

It is a fact that the financial sector of Jersey is the biggest contributor towards the economic growth of the country. The regulations and ethics of operating offshore bank accounts are well maintained and followed properly. This gives a sense of reliability to the investors and prompts him to invest his money in Jersey.

The procedure and rules to be followed to open an offshore bank account are simple and straight. One of the objectives of these procedures and rules is to stop money laundering and providing a genuine identity to the investor. The paper work required to open a Jersey offshore bank account wants the submission of application form along with identity and address proof. Some of the prominent banks providing high quality offshore bank account services to their investors are:

  • Abbey International.
  • ABN-AMRO Bank NV.
  • Allied Irish Offshore.
  • Alpha Bank Jersey Limited.
  • Bank of Scotland International.
  • Barclays Bank Finance Company (Jersey) Limited.
  • Brown Shipley Private Bank.
  • Deutsche Bank Offshore.
  • Hill Samuel & Co. Ltd.
  • HSBC Bank International Limited.
All the banks stated above are highly sophisticated and of good repute. They cover all the needs of their clients by providing a range of unmatched quality of service. Online operations, asset management, multi currency facilities, financial consultations are some of the important areas covered by these banks for their clients.

In the past few years Jersey has attracted big investors and emerged as a front runner in the scenario of offshore banking. Jersey offshore bank accounts are getting popular amongst investors due to the high standards and professional ethics of their providers. And with passage of time the number of people trusting Jersey banking services is increasing.