4. Anonymous Offshore Credit Card
KW: Anonymous Offshore Credit Card
KW: Offshore Bank Account,
OFFSHORE BANK, BUY OFFSHORE BANK
about Offshore Cards
wish to open an offshore account in a foreign bank, where they are offered
offshore cards. It is rather a financial instrument that is issued by the
payment entity or a bank outside the holder’s country of residence. The purpose
of providing this card is to make credit purchases. As the name derives, “Anonymous Offshore Credit Card”, the main feature of such cards is its anonymity. There is also
the opportunity to make payments in any country across the globe without
restrictions. Introduction of the latest regulations associated with automatic
information exchange has led tax agencies to compel banks to make reports. They
are to report on all foreign accounts that were automatically opened with them.
However, financial institutions issuing payment gateways and cards are exempted
from information exchange regulations. They do not have to report this
information type by switching offshore cards to non-reportable financial
instruments. This is when the client possesses an offshore card be it
nominative or anonymous. Information about the card is not reported by the bank
to the corresponding tax agency.
Offshore card types
On opening an Offshore Bank Account, the client is provided
with debit and credit cards. The card type offered will depend on their
operations. Generally, they are of two types, namely, virtual cards and
· Physical cards: The OFFSHORE BANK will send
the card physically to the applicant’s home address. It will also include
essential activation information to be performed immediately through online
banking. The customer is free to perform any kind of activity using the
physical offshore cards. He/she can make purchases in physical and/or online
stores without any restriction.
· Virtual cards: The bank sends an email
containing the card number along with activation data for activation purposes. These
cards however come with one disadvantage. The customer does not get any
physical card to use. Hence, there is no opportunity to use it to make
purchases at physical stores.
on his/her individual needs, the person can choose virtual or physical offshore
cards. Financial institutions in the person’s country of residence issue debit
and credit cards. Approval for credit card issuance however is at the
discretion of the offshore financial entity. This is mostly based on the
account holder’s credit history. The credit card might be approved or not. The
reason is to stop possible fraudulent activities and defaults using the card.
there does exist a difference between offshore debit and credit cards. This
difference lies in the cardholder’s responsibility against the entity. The
debit card can be used depending on the amount present in the bank. On the
other hand, the credit card offers the holder credit. The amount is
pre-authorized by the bank. Logically, the bank is present within the
jurisdiction that is separate from the cardholder. Hence, the risks possessed
of issuing the credit card is more. The application can, however, plan to BUY OFFSHORE BANK
credit cards anonymously.
an anonymity and privacy point of view, financial institutions offer their account
holders two offshore type cards.
· Offshore Non-transferable cards: These
are cards having the cardholder’s name printed on them. This means the
cardholder is the person to possess the card. The card‘s main feature is its
associated cost and credit limit allowed to make purchases through virtual
offshore POS terminals. The non-transferable card comes with an advantage.
Payments can be made using such cards on various platforms like online casinos,
Apple Pay, Google Pay, Amazon, PayPal, etc. With the cardholder making the
purchase, it becomes easy to identify quickly potential fraudulent activities.
Hence, it is completely safe to use.
· Offshore Anonymous Offshore Credit Card:
These are considered to be cards offered by the financial institution. However,
such cards do not come printed with the cardholder’s name on them. Also is not
required any bank account to get hold of the card. This means the applicant
does not need to possess an Offshore
Bank Account to possess and use
such cards. However, it also comes with its share of disadvantages. Such cards cannot
be used to make payments on various financial platforms like Apple Pay, Google
Pay, Amazon, PayPal, etc. The credit limits of such cards are also much lower
when compared to the normal offshore non-transferable cards. The reason is that
the cardholder is considered to be a financial entity. There is a liability
contract present between the applicant and the entity.
Offshore Bank Account allows the cardholder to top up the balance to increase the
credit limits. The procedure to be followed to increase the limit is the same
for both non-transferable and anonymous cards. The cards support three recharge
modes, namely, Bitcoin, credit or debit card transfer and wire transfer.
Wire Transfer is considered to be the most commonly used method to
recharge both non-transferable and anonymous offshore cards. The client (third
party) or the cardholder is allowed to make the wire transfer. This is
generally done in the OFFSHORE BANK name for which there is used a
unique number present on the card. Hence, the cardholder’s name stays
anonymous. It is the unique number that associates the payment and not the
identity of the cardholder. Hence, the cardholder’s name remains anonymous.
Moreover, the third parties (his/her clients) or the client may
recharge the anonymous or non-transferable card with another credit/debit card.
This is performed using a payment link. For this purpose, the financial
institution uses the ‘3D Secure’ security protocol to make such recharges.
The offshore card’s recharge system via Bitcoin can be presently available
for only non-transferable cards. However, the client is allowed to charge as
well as receive Bitcoins in his offshore account opened with the offshore bank.
But he/she is not allowed to make payments using the non-transferable in case
Therefore getting to know the details about offshore cards can
help you to apply for Anonymous Offshore Credit Card. Also, you can
optimize the benefits derived and enjoy using the card to make credit