Why is it called ‘offshore’ banking ? The term ‘offshore’ originally comes from the Channel Islands which operate some of the most well known and respected offshore banking facilities in the World. Jersey and Guernsey are ‘offshore’ from the rest of the UK mainland. Many offshore tax havens are island nations, Barbadoa, Antigua and Belize being obvious examples. However, an offshore bank doesn’t actually need to be physically located ‘offshore’. Switzerland is possibly the [...]















