Private Offshore bank accounts are a form of private banking service where Private Banking through a personal Relationship Manager is provided to High Net-worth Individuals. These accounts may be opened on individual names, in company names or the form of trusts and numbered accounts.
The Private Banking Services aim to provide a wide range of banking services to the customer who typically deposits a very large sum of money but has very little time to spare for banking services. Customers availing Private Banking services are provided individualized service and a large range of banking services including Brokerage, Asset Management, and Investment Banking are provided to him.
Certain Private Bankers also provide VIP Privacy Protected Service wherein the personal details of the account holder are provided to a very select few and he is provided services by a Senior Manager of the Bank who takes care of all his banking needs.