WHY GO OFFSHORE: BANKING SECRECY
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Offshore banking is founded on secrecy. Bank staff sign declarations of confidentiality and the system would fall down if clients did not have faith in the secrecy of their affairs and transactions.

In some countries this is underwritten by law, but in most it is an unwritten rule strictly adhered to. Only in cases of properly authorised criminal investigations will information be given to the authorities (such as weapon dealings, terrorism, drugs, national crimes etc).