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The Future of Offshore Banking, Corporations and Foundations

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CDs & Investments:  First it needs to be stated that no one has a crystal ball which predicts the future. These thoughts are just opinions and should be taken as such not as legal or tax advice. We will try to show the political positions of the countries that are not in favor of the tax haven offshore jurisdictions and the position of the tax haven countries. The countries most outspoken against offshore banking and offshore corporations are Australia, UK and USA. Today there is a great outcry from these and other countries about the tax saving benefits afforded to citizens of certain countries by going offshor...

on December 1, 2009 0

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The top 10 online banks

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Best Bank:  Five years ago, Greg Downing looked into online banking but balked at his bank's $5 monthly fee to pay bills online. This year, Downing read about a Web-only bank that charged a much lower price: free. "I gave NetBank a chance, and I've never looked back," says Downing, 33, a project manager for Acambis, which makes smallpox vaccine. Does he miss his old brick-and-mortar bank? "Only when I have a jar of coins to deposit," he says. As Downing discovered after he opened his NetBank account, paying bills with a mouse click is only one labor-saving feature offered by online banks. Other attribut...

on November 24, 2009 0

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About Bank of America Personal Loans

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Best Bank:  Identification Personal loans are a type of unsecured loan. This means that there is no collateral or anything of value that can be repossessed in the event that the loan cannot be repaid. As a result, the person borrowing the money assumes less risk. Types There are three types of unsecured loans. A personal unsecured loan is one that the borrower as a person is required to pay back. The second is an unsecured business loan, in which the business it is loaned to is required to pay back the money. Finally, there are unsecured business loans ...

on November 18, 2009 0

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What Should You do if Your Bank is Destroyed

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Best Bank:  Bank seems to be the safest place for our money. What should you do if the bank is destroyed (by an accident, natural disaster, or terrorism)? If your institution is prepared for any problems – you have no problems. If not- we’ll tell you what to do to minimize the impact. In most cases you can count on: Your money is not gone You can still write checks, login online, and charge with your debit or credit card Your credit won’t be ruined by snafus and late payments In any case you should be proactive and stay on the top of the s...

on August 26, 2009 0

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