When you move to a new country one of the first thing you need to sort out is where you will bank. It is, of course, the first step towards finding a safe place for your regular income or your salary and a place where access to your funds is simple and effective. Yet the location of the respective cash point nearest to your home or work is not all you need to consider.
How will your salary or income be paid? What currency will it be paid in? Will there be several currencies coming in? Indeed, there may be several currencies that you need to use for actually making payments from your bank account. Also, what are the account set-up requirements, as these can vary from country to country?
For more information on setting up your offshore bank account, please contact us