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Banking News

Should Hong Kong Residents be Eyeing Offshore Bank Accounts?

With the national security law China has passed in Hong Kong, Interpolitan Money has seen a spike in inquiries from Hong Kong residents about opening offshore accounts.

Wealthy families across the city are opening offshore accounts in an effort to protect their assets against the backdrop of increased political uncertainty. Whilst Hong Kong has long been recognised as a stable financial centre, many affluent individuals have opted for local non-resident accounts in the UK and EEA. At Interpolitan Money we are able to open non-resident accounts for Hong Kong nationals with opening time of 24-72hrs subject to compliance; and with the seamless ability to hold funds in 55+ currencies and send funds to 160+ countries.
If you have international financial obligations, the ability to transfer money between currencies is a relatively fast and painless experience. And depending on the bank and offshore jurisdiction you choose; offshore banks can act as a private banking facility. A good offshore bank will be able to provide you with a wide array of funds and investments that are appropriate for you.

Offshore banking provides a way in which you can protect your assets against financial instability. It works if you use it correctly and if all the documentation is correct – this is where we come in. At Interpolitan Money, we familiarise ourselves with the regulations necessary for compliance in a multitude of offshore jurisdictions. When the rules are followed, offshore banking gives you the means to better protect your assets, providing you with both financial strength and freedom. To find out how we can help you better protect your assets, contact us today.
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2021

We can now process LRS requirements

Interpolitan Money is proud to announce that Indian residents can now process LRS requests and receive Rupees directly, in India, to send to the UK or over 160 other countries.
2021

Should Hong Kong Residents be Eyeing Offshore Bank Accounts?

With the national security law China has passed in Hong Kong, Interpolitan Money has seen a spike in inquiries from Hong Kong residents about opening offshore accounts.
Interpolitan Money is proudly committed in promoting our Human Rights responsibilities across our business. Our approach to Human Rights made in accordance with the UK’s Modern Slavery Act 2015 is available on our parent company, Wirepayer Group’s corporate website here. We’re also dedicated to developing Green solutions to our business processes and operations globally. Please consider the environment before printing any part of our website or communications to you.