How Do You Access Funds From An Offshore Bank Account?
If you have a significant amount of money, you may wish to deposit your funds in an offshore bank account. Before opening an account offshore, be sure to read the following steps on how to access funds from an offshore bank account. Take a trip to the country where your offshore account is located. You are then able to show identification and withdraw monies in person. Make sure you know all the proper forms of identification required to access the offshore account before taking the trip so nothing is forgotten at home. Check with the offshore bank or the financial planner that help to set up your offshore bank account and see if there is a corporate or regular debit card that is available to access funds at your convenience. If there is one available, be sure to request it long before you are going to need to use it to avoid delays. Request a Visa or MasterCard that is linked to the offshore bank account. Many offshore banks offer this option for quick access to funds. Set up a “back-
