Basic purpose of this article is to explain how to get Offshore Bank Accounts. An offshore bank is a bank located outside the country of residence of the depositor, generally in the lowest tax jurisdiction that delivers financial and legal benefits. These advantages typically include: greater privacy, little or perhaps no taxation, easy access to deposits etc. Offshore banking offers to save a lot of tax, confirm the tax relief amount for the saving plan that you often choose. Confirm how much balance must maintain with your banking. At the same moment, you need to confirm around the interest rates on savings.