Selecting The Right Bank To Enhance Investments, Privacy And Financial Security
Mondaq Business Briefing › Costa Rica Law Articles in English (2004)
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Selecting The Right Bank To Enhance Investments, Privacy And Financial Security
By Jonathan Curshen
©2005As we move closer to a global economy, there is a trend among smaller, less economically developed countries to follow Switzerland's lead to legislate measures to attract foreign investment money to their economy. As a result new financial opportunities are opening to those who are willing to take advantage of them.The global economy is experiencing exponential growth because of the Internet. The ease and fluidness of account access through the Internet has made it possible to seamlessly bank both and invest domestically and offshore: move funds, check balances, write e-checks, make payments, transfer money between accounts, and purchase investment options. Offshore banking is now competing successfully with domestic financial institutions. There is no real mystery to offshore banks: they provide the same services as do domestic banks, just not inside USA bou...See the full content of this document
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