What does it mean by a Offshore bank?
554207
Any bank or financial institution that is not in the same country as the customer or account holder that does not have branches or a presence in the customer's country.
225360
It stands for National Bank Association.  See the link below.  Go to the Office of Comptroller to learn about becoming a nationally chartered bank.  It is pretty cool.
896952
Bancassurance is a combination of insurance and banking services. It literally means providing insurance services through a bank. or in other words, a bank selling insurance products.
360605
Offshore or onshore?  Pride, Ensco, Diamond Offshore....and the list goes on and on.  Check out www.rigzone.com, click on the career center tab.  You will want to be looking for a position as a 'roustabout' which is basically bottom of the barrel.  You still make descent money, but if you can hack it you will move up like any other job.  Plan on moving to Houston, or somewhere in south Louisiana.  Good luck
1075620
The term current account usually refers to the current account of the balance of payments (BOP) and contains the import and export items of goods and services as well as transfer payments including net investment income. The current account is often presented alongside the capital account and financial account of the BOP which contains data about short and long-term capital flows. Long-term capital flows are also known as foreign direct investment (FDI). Often, the capital account and the financial account are both referred to as the capital account. The BOP balances by means of a balancing account which allows for changes in official reserve assets.\n\nWhen it is talked about most, the current account will be either in large surplus (export receipts exceeding import payments) or substantial deficit (import payments exceeding export receipts). Generally it is a significant current account deficit (rather than a surplus) that is perceived to be a problem requiring action, but the current (trading) and capital (largely financial) accounts are inter-related and a persistent capital surplus can (by raising the exchange rate above the level it would otherwise reach) cause a current account deficit.
480317
I bet you are thinking... hmm... maybe I can escape from paying some tax? I don't think so... as a US citizen you are obliged to pay tax whereever you make your money.\n\nUnless you make a company offshore.. another legal entity and set it up so you are an employee... etc etc..
1131312
Yes, the company can have a bank account wherever it wants to. The state of incorporation is irrelevant.\n\nLikewise, income is taxed based on the state(s) of nexus, which is based on the states in which the company has sales, payroll and property.\n\nDE also assesses tax based on the # of shares and the par value of the shares outstanding.\n\nYou can follow the link below to read more about how CA assesses tax on 'foreign' (non-CA) corporations, and the process of apportionment of income
86094
A bancorporation is not a bank.  Instead, it is usually a holding company for a bank.  The holding company may own other businesses as well. For example, the bancorporation may own a mortgage company or a finance company. A bank in the US usually has the word bank in its name.  And a non-bank cannot have the word "bank" in its name.  Hence, the use of the phrase bancorp or bancorporation --- it gets the pont across without using the work bank - reserved for actual banks.
1021526
in most states, you can open an account regardless of citizenship.  banks are responsible to recognize and stop laundering.  although it sucks that people can come to this county, make money off the books without paying taxes, then send it back to the country they came from, it's not illegal. money laundering is a much more complicated process where money that is attained through illegal activities such as drug dealing and gun running, is wired from acct to acct, in hopes to disguise the money as something else, usually some sort of "foundation" or something.
460140
an integrated suite of banking applications designed to support deposits, loans, cards customer management and collections for the global banking market.\nCORE would mean the basis of this.
698223
A bank, someone who trusts you, or something/someone along those lines.\n\nYou could always ask a financial advisor.
516934
i suggest 2 options\n1.Contact directly companies in india and work with them to setup your offshore unit.Build on existing infrastructure\nhttp://list.helpmeoutsource.com will provide you links to them\n2.If you are based in India then get your company registered with http://list.helpmeoutsource.com
102957
It's a scam. A rip-off. They will cheat you.\n\nThey are NOT laundering money. They want YOUR bank account information so they can steal from you.\n\nIt's that simple.
489586
It refers to a Professional Corporation. See the link below for more info
324668
Definition of FDI: http://en.wikipedia.org/wiki/Foreign_direct_investment\n\nFunction of Banks in FDI:\nThe same as in national business investments - helping companies raise capital, managing tax issues, managing capital transactions, etc.\n\nImpact on Society:\nImpact of FDI recipient is it generates employment for locals, income and corporate taxes for the local government (where relevant), access to skills/technology/knowledge from abroad
130107
It means writing a check knowing your account may not have sufficient funds to cover it right away.  Some people will float checks a day or two before payday, for instance, and hope their bank posts the paycheck before clearing the checks.\n\nIt's also called 'kiting' a check in some places, and the practice is technically illegal.  New regulations concerning check processing times have almost eliminated the one to three day lag time between writing and depositing.  If the merchant receiving the check runs it electronically, your account could be debited within hours and the check would bounce.
8599
As the previous reposnse so eloquently said, it is a bank account in Switzerland, but I am guessing you could figure this much out on your own.\n\nThe idea of a Swiss bank account in movies is that a Swiss bank will not cooperate with governements of an outside country.  This is why criminals and people who want to hide money from the IRS establish Swiss bank accounts.\n\nThat being said, Swiss banks will not accept moeny that they outright know to be from illegal causes. However, if there is money in an account that belongs to someone under investigation for tax fraud, a Swiss bank may not be willing to reveal how much is in the account.\n\nIn reality Swiss banks mostly have accounts from honest citizens.  The Swiss banking system is known for a high level of professionalism, and there are several important financial companies in Switzerland, which is why people may want money in a Swiss account.\n\nThere are also numbered Swiss accounts, which are not anonymous completely.  The bank has your identity recorded, but when business is done with that account it is done under a number instead of a name, so only you and a few employees at the bank know that is your account.  This provides a level of privacy hard to get in many other countries, and this privacy may be desired by anyone who wants to do business deals and stay out of the limelight.