A recent study revealed that 92% of expats use the internet to access their bank accounts but only 30% have offshore bank accounts. Because of that, most of them are unable to benefit from the advantages of offshore savings accounts such as higher interest rates, low taxes, etc.

Most expats prefer bank accounts that are accessible online because it enables them to transact 24 hours a day thus resolving the time barrier between continents. With internet banking, expats are able to transfer funds to their families, pay mortgages or conduct any kind of financial transaction from across the globe anytime they need to do so.

For Offshore banks wanting to tap the expat market, improve your online features and it will be easy for you to get them. Good luck!