Overseas Bank Account – Making Money With Offshore Banking

Offshore banking is nothing but investments made in offshore tax havens usually made through an overseas bank account, where the banking and investment laws are quite different from that of your home country. With the understanding that offshore banking benefits have improved steadily, more and more people are getting interested in making money with offshore banking and the related offshore financial services offered.

The biggest attraction for offshore investments is that many of the offshore banks levy very little or no taxes at the money deposited in your account. Another major attraction that draws people to offshore banking is complete privacy. Offshore banking is considered to be quite safe because the details of your investment are held under strict confidentiality by the respective banks and divulgence of either the account details or the account holder’s details can be met with absolute strictness and entail serious penalty and punishment.

You can opt for any kind of offshore savings accounts, such as notice accounts, no-notice accounts, or fixed rate accounts. You can even opt for the most popular monthly interest savings accounts. While regular bank accounts pay interest either annually, or at the end of the fixed deposit period, upon maturity of the term deposit, these offshore savings accounts pay interest on a monthly basis.

There are several different means of making money with offshore banking. For instance, you can make foreign stock investments with your offshore bank account, in addition to investing in the bonds and securities of the top turnover companies of that country. In addition to this, you can do a lot more things with an overseas bank account. You can also go for investment in offshore mutual funds. One can also go for offshore real estate investments as it is considered to be another excellent means of making money.

Another excellent means of making money with offshore banking is to trade in the currency of that particular foreign country where you have opened an offshore bank account, or in the currency of some other country (whose currency is constantly growing strong, such as the Swiss Francs) through an offshore forex account. Apart from foreign stock investments and offshore mutual funds, you can also buy insurance and loans with an overseas bank account.

There are also a large number of loans and investment products available and we can choose which ever option suits us the best in order to see our money grow and multiply with time, and at the same time, shield our money through asset protection trust (APT). You can simply apply for asset protection trust (APT) in order to help you to protect your earnings and profits from estate taxes and several other taxes, as well as from the hands of your creditors.

Whether you are interested in making money with offshore banking through offshore mutual funds or through other lucrative options like an offshore forex account, you will be amazed with the huge amount of money you can make in relatively very little period of time with offshore banking options.

Depositing and Withdrawing Money For Online Casinos

Depositing Money

Depositing money for an online casino is very simple. Simply deposit money through your credit/debit card. Most online casinos prefer Visa.

You can also use alternatives to credit cards similar to PayPal. The most popular ones are SolidDebitCard.com, InstaDebit.com and UseMyWallet.com.

If you live outside of the United States, you can also use Neteller or a number of other companies.

All of these companies are similar to PayPal except they allow you to use your deposited money for online casino play.

Withdrawing Money

There are number of options for withdrawing your winnings.

1. By check – often times there is a fee if you want your money by check. Anywhere from $15-$30. Often there is a minimum withdrawal amount (usually $50). You’ll have to wait for the check in the mail so it may take a week to a few weeks.

2. Alternative to Credit Cards – as mentioned above, SolidDebitCard, InstaDebit, UseMyWallet and Neteller all allow you to withdraw your casino winnings to that account. Then you simply deposit that money into your bank account.

I prefer SolidDebitCard as you will receive an actual card in the mail that will allow you access to that money from any ATM. It’s nothing more than a prepaid debit card. It’s safe and secure as it is not linked to a bank account.

If you withdraw your money from the casino to your SolidDebitCard there will likely be a small transfer fee (usually around 3%). The ATM you withdraw from may also charge you a fee.

3. Wire Transfer – The online casinos can also wire transfer money directly into your bank account. There may be a small fee but I’ve also seen online casinos give you a 10% bonus if you use wire transfer.

Free Poker Money

There are many free poker money offers on the internet, and people often wonder if they are really ‘free’. Internet surfers have gotten familiar with ‘free’ offers that turn out to be anything but free. So, what’s the deal with free poker money offers?

The truth is, some are real and some are not. Some free poker money offers mean that if you make a deposit of, let’s say, $100 then they will give you a bonus at a certain percentage of that amount. A 100% deposit bonus would mean a bonus cash amount of $100 in this case.

So, is that $100 in free money? You can’t just take the bonus money and cash it out – that would be really free! There will be wagering requirements associated with this bonus. You will be required to play a certain number of poker hands in the poker room before you are given the bonus money. Still, it is really something for nothing. Even more so if you were going to play in that poker room anyway.

There is another type of free money offer that is actually free. This is the no deposit poker bonus offer. They can be rare, but they are out there. They can be divided into two distinct types; The first type is where the poker room itself gives you the money, and the second type is where a third party arranges the money for you.

The first type, where the poker room gives out the money, is the more straight forward of the two. The new player signs up for a new account at the poker room and then gets the free money deposited straight into their account. These offers are usually for small amounts, around $10, though they can be smaller. The second type of offer where there is a third party involved is more usually called a free poker bankroll.

Free bankroll offers are a little more complicated but they can be for a lot more money, around $50 is normal. The complicated part is that you normally would have to sign up for two accounts; the first one with the free bankroll provider, and the second account, the actual poker account, through the bankroll providers site. It’s a little extra work, but then you do get the money for free. And yes, it is actually free, though there will of course be wagering requirements attached to it.

These bankroll providers can offer this service because they know that when you play the wagering requirements associated with the free money you will generate rake, and they will get a percentage of that rake. Overall, everyone should be happy – the bankroll provider gets their commission, the poker room gets the customer, and the player gets the free money.

As usual, there will be some checks to be carried out, and some hoops for the player to jump through. When you are giving away free money you have to be careful about fraud. Of course, the player should be careful too about these types of offers, and make some checks to verify that they are legitimate. All in all though, these offers can be good for everyone.