Exchange4free are able to open Offshore Bank Accounts on behalf of our private clients quickly, easily and cheaply.
Most clients will find that opening offshore bank accounts is either relatively difficult or expensive through a South African based institution. We have a strong network of banking relationships both locally in South Africa as well as in the United Kingdom to be able to offer offshore bank accounts denominated in a wide variety of currencies to local South Africans.
We can open offshore bank accounts denominated in GBP, EUR or USD.
Exchange4free assist our clients with opening offshore bank accounts in the Isle of Man but clients have the choice of their currency denomination and can even have a choice of currencies thus being able to move funds from one currency into another.
The time to open these accounts is anywhere between 5-10 working days.
Please note that TRAVEL ALLOWANCES can be transferred directly into a bank account held in the name of the traveller (as opposed to carrying cash, travellers cheques or bank drafts which are hugely expensive).
We will open your bank account for you and send your money directly into that account!
Please contact us for more information.