„Offshore Bank“
What does Offshore Bank stand for?
A bank located in a country other than the bank which owns it. The owning bank is usually in a major country and the “offshore bank” in a smaller country.
Source:
Financial and BankingView all itemsWarner, Richard M. “Offshore Banking: Keeping Your Finances Private.” Special Report, Swiss Banking Series. 3rd Edition. Denver: Privacy Books, 2007. Print.
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