Offshore Banking

There are many reasons why you should consider using offshore financial services, including:

  • The security and confidentiality which the premier offshore jurisdictions offer.
  • There are no exchange control restrictions. This allows you to move assets freely and without formality.
  • Interest on your savings and investment accounts may be paid gross, without deduction of tax at source (although you may have a liability to tax elsewhere)*.
  • Holding assets offshore may have some tax planning advantages*.

  • There may be inheritance tax benefits, depending upon your country of domicile*.
  • The offshore islands have sophisticated worldwide communication links, facilitating ease of access.

Our accounts will meet your needs, whether you wish to access money on a regular basis, or are saving for the longer term.

Wherever you are in the world, the Offshore Debit Card can be used to make purchases of goods and services in any currency, without the need to carry large amounts of cash, cheque cards or travelers cheques. The card linked to your account can be in either, Sterling, US dollars or Euro.

It can also be used to obtain cash when required, both through ATM’s and over the counter at banks displaying the Visa sign.

For further information fill out this form:

Please note that some Jurisdictions may have tax implications and therefore suggest that you seek independent advice from an accountant or other suitably qualified advisor

M1 Malaysia Ltd. is licensed by the Labuan Financial Services Authority number BS201079. Your continued usage of, services and/or facilities is deemed consent for the M1 Malaysia to collect, process and store the data in accordance with the above. Failure to consent to the above may result in the M1 Malaysia being unable to open, establish, continue or provide the services or facilities to you. For more info please click here.