The Asset Protection Law Center

A complete reference source on offshore trusts, family limited partnerships,
limited liability companies and advanced asset protection strategies.


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Offshore Havens > Bank Secrecy Products > Types of Secret Bank Accounts > Named Account > Credit Cards

Credit Cards

An additional feature sometimes available with Named Accounts is a credit card, which offers credit up to a specified percentage of the account balance. The advantage of the credit card is that your charges will be reflected only in the name of the bank where you maintain your account. Significant privacy will be accomplished since there will be no charges or records in your individual name. The second advantage is convenience. The funds tucked away safely offshore can be accessed through an ATM or charges at home or anywhere in the world.


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Disclaimer:

The information provided on this site is provided for illustration purposes only and does not represent a proposal or specific recommendation. As a word of caution, the information presented cannot possibly substitute for competent legal advice. Our treatment of the law is general and is not intended as a comprehensive discussion of all relevant issues. The law in each state will vary to some extent, and the applicability of the law will depend upon your individual circumstances. If you have a particular question about the information presented, you can telephone us at (800) 223-4291 and we will try our best to help you.

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