Hello, I am happy to answer this question

Advantages of offshore accounts:

1. The opening procedure is simple and does not require separate approval from the foreign exchange authorities, and It is easy to use, and foreign exchange transfers between overseas accounts can be handled directly with instructions (online banking).

2. Unlimited transfers in and out

3. Online banking has complete functions, easy operation, Chinese and English interfaces can be switched, and language barrier-free

4 , Free settlement of foreign exchange, unlimited limits

5. International letters of credit: Standard Chartered China is an official partner bank of the Belt and Road Initiative. It has credit authorization relationships with many countries and banks, and the types of international letters of credit it accepts are the largest among its peers. of. In addition, the actual controller of the offshore company is in China, and the original copy can be sent to the bank quickly when presenting documents, which improves negotiation efficiency and enhances capital liquidity.

6. Foreign currency fixed deposit interest rates are high, the highest among foreign banks. State-owned banks do not have fixed deposit business. Customers with foreign currency deposited funds in their accounts can create additional income

7. 1. For one account manager service, there is no risk of forced account closure without notice, and the account stability is high. If there is a business problem, there is no situation where the account manager cannot be found to help solve it. Compared with corporate accounts in Hong Kong, Singapore or other regions that have no one to service them, , it saves worry and effort when the customer service line is always busy

8. 0 search fee, 0 account management fee (most banks in Hong Kong have account opening search fees, and account management fees will be incurred if the account does not meet the balance) < /p>

9. There is no need for financial management. The bank itself does not have corporate financial management business, and there are no financial management promotions and requirements like banks in Hong Kong or Singapore.

10. A dedicated customer fund management service department, with dozens of Customer service specialists are dedicated to following up on the progress of capital business for customers. This service is not available in any bank or other regions