3 Benefits only Offshore-Offshore Banking can give you
Flexibility, security and privacy: Stefan Neuss of WERA Capital Partners explains three benefits that set offshore-offshore banking apart.
Offshore-offshore banking is described by its supporters as banking at the highest level. Stefan Neuss, founder of WERA Capital Partners, names three benefits that, in his view, set it apart from the rest of the banking world.
Everything in one place
Neuss describes the client's view after logging in: traditional multi-currency accounts on one side, crypto wallets on the other, and payment cards below. In his words, this combination is "state of the art", because the banking systems are partly connected to the systems of a crypto exchange.
Benefit one: flexibility
Clients can send and receive payments in ordinary currencies without limits. They can buy cryptocurrencies such as Bitcoin or Tether directly from their account and send them to their own wallet. Or they can receive crypto payments, sell them for any currency and use the money for payments.
Benefit two: security
According to Neuss, outside parties cannot access client funds, block online banking, freeze transactions or take money away. "What is in your account stays in your account," he says.
Benefit three: privacy
For Neuss, the most important benefit is privacy. He says that the jurisdictions involved guarantee by law that no account data is exchanged with local or foreign authorities.
By invitation only
Neuss stresses that this kind of banking is exclusive and available by invitation only, and that not every applicant will receive one. Clients remain responsible for meeting the tax and reporting rules of their home country. WERA Capital Partners checks in a 1h private consultation over zoom whether a client could qualify.