Foreign bank account?

[Necuno]

Any good to get one and which one (country) is best?

 

[I.am.Sam]

fnb bank in lesotho

 

[JStrike]

Any good to get one and which one (country) is best?

I'm with NatWest Offshore banking in the Isle of Man.
Pretty decent

 

[Devill]

I'm with NatWest Offshore banking in the Isle of Man.
Pretty decent

Yes there would also be my first choice.

 

[risami]

HSBC ..UK

HSBC ..UK (opened the account while living there)
Been with them since 2004 and "forgot" to close the account

 

[JStrike]

HSBC ..UK (opened the account while living there)
Been with them since 2004 and "forgot" to close the account

Rather get one in a tax haven

 

[Necuno]

Rather get one in a tax haven

UAE ?

 

[risami]

Yes ... however

You'll still need to go through the SARB when transferring in or out of any SA'n account
Have you had a look at Standard Bank's off-shore banking products? Just a thought ...

 

[hellfire]

Any good to get one and which one (country) is best?

What are you trying to achieve?
This would help in recommendations...

 

[Elimentals]

Just dont open one in NZ.

The basteds there tax me based on my money entering that account, then again I am being paid by a NZ employer...

 

[Necuno]

What are you trying to achieve?
This would help in recommendations...

Well as per my OP.

1) should one have a foreign bank account.
2) if so then what is the best options.

 

[AvOk]

UAE ?

NOOOOOooooooooooooooooo

I have a UAE account with a UAE Bank as well as HSBC. You don't want Shariaa law applying to any money you have here!

http://en.wikipedia.org/wiki/Tax_haven

 

[Jase]

What are the costs of xferring from say a NatWest account to a SA account (if a direct xfer can even be done)?