What Is an Offshore Bank Account? An offshore bank account is a bank account that a person or company opens in a country outside their own. This practice, known as offshore banking, is not necessarily ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Many people hear the words “offshore ...

Offshore accounts include those of financial institutions, American celebrities. Jan. 17, 2011 — -- Former Swiss banker Rudolf Elmer handed over two computer discs detailing thousands of offshore ...

ZURICH (Reuters) - Swiss wealth manager UBS AG is closing all the offshore accounts of its U.S. clients, the bank said on Friday, as it comes under pressure from U.S. tax authorities. The Swiss bank ...