Established in 1997, FBS Banking is a team of specialists from the world of offshore banking.

An agent working with many recognised banking groups, FBS Banking offers you a full range of advantageous foreign banking services.

Originally based solely in one of the main financial centres in the world, the City of London, FBS Banking now has 3 sites in Riga (Latvia), London and Victoria (Seychelles).

The FBS Banking team consists of bilingual French-English and English-Russian agents, guaranteeing you an exceptional level of response and quality of service.

FBS Banking is now part of the SIMPLE Group and can thus offer its customers a full range of offshore services.

Please contact us if you have any other questions.

Before going any further we have to define the main activity around which turn FBS services themselves: offshore banking.

Definition of offshore banking

Offshore banking combines all the services provided by financial institutions located in areas which benefit from privileged legislation or taxation.

Who is offshore banking for?

Offshore banking is for individuals and businesses wanting to move all or some of their assets and revenues out of their country.

There can be many reasons for this: to protect assets or make them grow, or make substantial tax savings.

The advantages of an offshore bank

Using an offshore bank can offer you many advantages such as:

• A strictly confidential policy when transferring your capitals. (banking secrecy),
• A tax free transaction on the amount deposited and on the interest generated,
• Investments solutions that are very often more advantageous than in your native country,
• the possibility of protecting your assets from possible creditors,
• Management charges are very low in some countries.

So your capital is able to develop fully and absolutely securely.

Offshore locations

The best known centres for offshore banking are obviously jurisdictions in which the banking and financial sector benefits from a favourable environment: low taxation rates, banking secrecy, economic and political stability, etc.

The most well-known places are Switzerland and United Kingdom or small European countries such as Luxembourg, Lichtenstein, and Monaco.

Nevertheless, this common knowledge is far from always being a fact since laws change and different places get more competitive and attractive.(Further information: News 01/01/2007 « Latvian Banking and Europe »)

It's FBS Banking's talk to forecast these changes and to offer you the most secure and profitable solutions.