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Why rich stash cash offshore

View Original Article Tue, 14 Feb 2012 14:14:02 -0800
One thing's for sure. Mitt Romney didn't send his money down to the Cayman Islands to work on its tan. The former Massachusetts governor has been criticized by some for factor of five in the last 10 having some of his vast fortune in the Caribbean offshore banking center.

Banking Industry Agrees Offshore Yuan Processing G

View Original Article Mon, 13 Feb 2012 03:30:02 -0800
The international banking community has agreed a set of guidelines to ensure efficient processing of offshore Chinese yuan transactions, financial messaging network Swift said Monday.

Hornbeck Offshore Announces Appointment of New Dir

View Original Article Wed, 15 Feb 2012 13:53:00 -0800
COVINGTON, La., Feb. 15, 2012 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS - News) (the "Company") announced today that Nicholas L. Swyka has been appointed to its Board of Directors ...

Why the Rich Are Really Moving Cash to the Caymans

View Original Article Sun, 12 Feb 2012 19:36:11 -0800
Arends: Mitt Romney has been criticized for having some of his fortune in offshore accounts, but it's not really to save on taxes.

Research and Markets: Wealth Management in Asia

View Original Article Tue, 14 Feb 2012 11:27:00 -0800
Research and Markets has announced the addition of the "Wealth Management in Asia's Offshore Centers" report t

Treasury Proposes Easing Offshore Bank Tax Complia

View Original Article Mon, 13 Feb 2012 21:29:11 -0800
The U.S. Treasury Department and the Internal Revenue Service are trying to make it easier for overseas banks to comply with a tax withholding and information- collection requirement for some U.S. clients.

 

 

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Business Opportunity to Start your Own

 

INTERNATIONAL SAVINGS & LOAN COMPANY

 


To legally operate as an alternative banking financial institution offering global private banking services, a Savings and Loan Company must be registered in a country/jurisdiction which would enable it to function in that capacity. One such country is New Zealand.

 

A New Zealand Savings and Loan Company can accept global deposits and can offer private banking services to both private individuals and corporations worldwide.

 

Examples of typical banking services that you can offer include:

 

  • Global Online banking
  • Call accounts
  • Term deposits
  • Project Financing
  • Private branding prepaid debit cards
  • Investment management
  • Currency exchange
  • Multi-currency accounts
  • Trade finance
  • Wire transfers
  • Principal Protected investment products
  • Raising capital for companies and projects located around the world


Depending on your organizational group's background and expertise in finance, Frank Nagy Financial Services will structure a customized business model suitable for your organization. By introducing an array of third party financial products and services, your International Savings and Loan Company will be equipped with all the tools to operate efficiently and competitively in the global financial market.

 

Our Complete Business Solutions service includes assisting in the following areas:

 

  • Finance company incorporation process
  • Formation and development
  • Registered agents / accountants
  • Business plan with financial projections
  • Developing an Operation's manual
  • Developing a Director's manual
  • Standard account forms and agreements
  • Banking software and IT support
  • Funds and liquidity management
  • Structured finance development
  • Internet banking set-up
  • Web site development
  • Marketing/advertising
  • Private branded Prepaid debit cards
  • Provide list of five-thousand (5,000) potential non-us accredited investors
  • One year advisory, training and bank/financial institution referrals support
  •  


    Frequently Asked Questions

     

    WHAT SORT OF QUALIFICATIONS OR LICENSING IS REQUIRED FOR ME TO OPERATE A NEW ZEALAND SAVINGS & LOAN COMPANY?

     

    None. A registered New Zealand Savings & Loan Company is not under the supervision of the New Zealand central bank. However, its activities are regulated by several legislative acts.

     

    I HAVE NO PRIOR WORK EXPERIENCE AS A BANKER; DOES YOUR COMPLETE BUSINESS SOLUTION SERVICE PROVIDE TRAINING FOR ME TO SUCCESSFULLY OPERATE AN INTERNATIONAL SAVINGS & LOAN COMPANY?

     

    Yes. Our advisory service will assist you from the early start up stage to the successful launch of your newly organized New Zealand Savings & Loan Company and will continue for one (1) year. In addition, we will structure a customized business model suitable for your target market and services that you will provide. We will also provide you with a customized Operations and Compliance manual, standard new account forms and agreements for your customers and sample verbiage for your website and other products and services.

     

    HOW LONG WILL IT TAKE TO ORGANIZE AND LAUNCH MY INTERNATIONAL SAVINGS & LOAN COMPANY?

     

    On average, it takes about thirty days. This depends on how quick the government offices in New Zealand process your company application, issue a New Zealand tax ID number, apply for certain tax status, etc.

     

    HOW MUCH ARE THE TYPICAL START-UP COSTS?

     

    Start-up costs can be in the range from $79,000 and up. Additional start-up capital should be budgeted for marketing & advertising, stationary & office supplies, office lease, computer/office equipment. These costs are FAR less than what it would cost to organize, launch and maintain a full service licensed bank.

     


Contact us now for a
free initital telephone consultation:

 

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