Do offshore banks give you Visa/MasterCard bank card?

pineapple · Dec 12, 2016

If you're a brand new business with no history and incorporate an offshore company and then set up an offshore bank account, do those banks give you a Visa/MasterCard bank card that you can use to purchase things on behalf of the company, for example booking accommodation online for business travel.

Whose name would appear on the Visa/MasterCard in that case? If you've set up an offshore company the bank always still needs to know the UBO of the entity, so would it ultimately be your name on that card?

JohnLocke · Dec 12, 2016

pineapple said:
If you're a brand new business with no history and incorporate an offshore company and then set up an offshore bank account, do those banks give you a Visa/MasterCard bank card that you can use to purchase things on behalf of the company, for example booking accommodation online for business travel.

You can get a Visa or MasterCard Debit Card not a credit card! This card you can use for this purpose you mentioned.

It's your name and the company name. If you need something without name you may look into some of the many services that offer a debit card but are not a bank.

suzy · Dec 13, 2016

Visa debit card with your name and company name is what you get.

negon · Dec 15, 2016

All of them give you some sort of Visa or MasterCard debit cards if you want a credit card it requires you to pay in 3 times the credit line of the card. Most often this is not something that is very useful for anyone unless you have a few millions on your account.

pineapple · Dec 20, 2016

That's reassuring to know all of them give Visa or MasterCard debit cards. I was thinking otherwise that buying business supplies would be more complicated - doing a bank transfer to another bank that does give me a Visa/MasterCard debit card and do the purchases through there.

cosmo · Dec 20, 2016

Even bitcoin wallets have started to provide Debit Cards to be used in shops, online and to withdraw at the ATMs

uplana · Dec 22, 2016

Depending on what you call a offshore bank I say my bank account in Cyprus has a Visa debit card. That works fine, online and offline!

cutmetwo · Dec 23, 2016

Do you know what difference is between offshore bank account and say xapo Visa debit card? do they work the same way?

colotx · Jan 2, 2017

That was actually my question.. thanks for the answer

DeepDrilling · Jan 6, 2017

pineapple said:
If you're a brand new business with no history and incorporate an offshore company and then set up an offshore bank account, do those banks give you a Visa/MasterCard bank card that you can use to purchase things on behalf of the company, for example booking accommodation online for business travel.

Whose name would appear on the Visa/MasterCard in that case? If you've set up an offshore company the bank always still needs to know the UBO of the entity, so would it ultimately be your name on that card?

To what I know. All offshore banks give you at least a Visa or MasterCard debit Card. Credit Card requires large deposits!

CoinMaster · Jan 9, 2017

auric said:
All of them give you some sort of Visa or MasterCard debit cards if you want a credit card it requires you to pay in 3 times the credit line of the card. Most often this is not something that is very useful for anyone unless you have a few millions on your account.

You know about a bank that only print the company name on the card?

Do offshore banks give you Visa/MasterCard bank card?

pineapple

Offshore Agent

JohnLocke

Administrator

suzy

Corporate Services

negon

hannibal the cannibal

pineapple

Offshore Agent

cosmo

Offshore Agent

uplana

Corporate Services

cutmetwo

Active Member

colotx

New member

DeepDrilling

CoinMaster

Do offshore banks give you Visa/MasterCard bank card?

Offshore Agent

Administrator

Corporate Services

hannibal the cannibal

Offshore Agent

Offshore Agent

Corporate Services

Active Member

New member

Privacy & Transparency

Privacy & Transparency