Prepaid Offshore Debit Card: Take Control of Your Finances

The global financial crisis that has nearly incapacitated the economies of the world has brought insurmountable havoc and confusion to the still bewildered people, of all walks of life. Truly, none was spared by the dreaded menace. Thousands are losing jobs; inflation is at its peak and the dollar is slowly losing its worth; commodities are rapidly rising in prices; homeowners are being driven out of their homes; and bank accounts are being frozen – the world is in a serious financial hell, and America is in the center.

Financial control is nowhere near the hands of Americans, it can even be said that the financial crisis is controlling them. The Americans, that before couldn’t care less about budgeting, now need to plan their spending, or else they will not be able to survive these tough times. But they are finding peril on deciding what is best to do with the little money they have left. With the numerous bills that have to be paid, declining earnings and the ever persistent taxes, people are aware that they could lose everything in one fell swoop.

Amidst the crisis, one thing is being sought more than anything else, security over one’s finances. People are looking for better ways to ensure the safety of their precious money. Before, onshore banks and other onshore financial institutions were considered the safest place to keep money, but today is a different case. With the federal government already losing billions in insurances for bankrupt banks, the remaining banks have been granted the power to freeze bank accounts more easily than before. And so it seems, that money isn’t safe anywhere.

The Belize laws however, have brought new hope into the safekeeping of money. The primary cause for the creation of the Belize laws is to protect the rights, and the deposits of people keeping cash deposits on foreign banks, to encourage offshore banking. Under the Belize laws, offshore depositors cannot in any way be compelled by their home government to divulge any information regarding their offshore deposits. Also, the home government of the offshore banker cannot in any way look into the records of the offshore depositor’s offshore bank accounts. In other words, offshore bank accounts are now considered fully confidential.

With the government having no form of access, offshore banks accounts are therefore absolutely risk free of being frozen. And another unintended use of offshore bank accounts is what has gotten the attention of so many, that is, hiding money offshore. Since offshore bank accounts cannot be looked into by the offshore depositor’s government they are the most effective ways of concealing money, hence safely being able to not declare the activities from which such money came from. Thus, keeping money in an offshore bank account is an effective way of avoiding taxes.

The problem however, is how one would access his offshore bank account conveniently and cheaply. The solution is quite simple; have your offshore bank account linked to a prepaid offshore debit card. To make things easier, you may choose an offshore bank that offers a prepaid offshore debit card along with its offshore bank account.

The prepaid offshore debit card is the new king of the electronic payment system after beating the international debit card that has reigned for so long. The prepaid offshore debit card is a plastic card embossed with the MasterCard or Visa symbol that signifies its worldwide acceptance. It can be used in making payments the same way as a credit card, only better. Credit cards allow the cardholder to spend money he is yet to have, which he pays at a later date with hefty interests. Credit cards also have high monthly charges. Prepaid offshore debit cards however allow the cardholder to spend only up to the balance of the related offshore bank account, and charges no monthly or annual fees and has very minimal interests.

The prepaid offshore debit card can also be connected to a real or virtual offshore bank account. It is like a key that can be used to keep track of the offshore account as well as withdraw cash from it via any ATM outlet worldwide. Using a prepaid offshore debit card is generally safer that carrying cold cash and more convenient than using personal checks.

Prepaid offshore debit cards also offer the offshore cardholder the option to keep card anonymous, not embedding in the card any information about the holder, but rather a code or company name, in case the debit card is for business purposes. This greatly reduces the risk of identity theft and thus removes any threat of the card being used fraudulently by unknown third parties.

Get theOffshore Pro Group offshore debit card now!

Why Do I Need to Provide a Social Security Number to Get a Prepaid Debit Card?

Several years ago, prepaid debit cards were available that were “anonymous” as well as reloadable. The cards were popular with people concerned about their privacy. Unfortunately, they were also popular with people who used them for money laundering. As a result, more strict rules have been imposed by the Government as well as payment card networks (like Visa and MasterCard) to require cardholder identification to help eliminate the potential for using these prepaid cards in money laundering. These rules often require you to provide a social security number when opening a new account.

Today, most prepaid cards that are reloadable require you to provide your social security number as well as a physical mailing address (not a P.O. Box) when you apply for a card. A “reloadable” card is generally defined as a card that has your name embossed on the front, and that you can add more money to through direct deposit or reload networks.

Why is a social security number required to get a reloadable prepaid debit card?

There are two main reasons.

First, Government Regulations require banks to perform adequate “know your customer” processing when opening new accounts.

The “Bank Secrecy Act” (or “BSA”) requires that banks and other financial institutions in the United States file currency transaction reports (CTRs) and suspicious activity reports (SARs). Collecting information, maintaining records, and filing reports enable law enforcement to conduct criminal investigations and provide regulatory agencies with the ability to monitor noncompliance.

The USA PATRIOT Act, which was passed in 2001, amended the BSA to mandate that all statutory financial institutions establish anti-money laundering (AML) programs. This mandate obligates each institution subject to it to develop, implement, and maintain an effective AML program. Through recent BSA enforcement actions, the AML program requirement has been extended to nonbank issuers, sellers and redeemers of stored-value cards (including money services businesses), and operators of credit and debit card systems.

By requiring you to provide your social security number when opening an account (as well as an actual physical address), banks and program managers can comply with these federal laws.

Second, because the banks could be liable for any illegal activity if they don’t adequately take steps to identify you when opening an account.

Payment card networks have taken steps to comply with the federal laws, and to reduce their liability by instituting rules for all issuers and program managers associated with prepaid debit cards.

The result of all these regulatory and legal issues are that you need to adequately identify yourself before you are issued a reloadable prepaid debit card. The way most issuers and programs have decided to identify you is to require that you provide your Social Security Number and address.

Luckily, you can still obtain a real prepaid anonymous offshore debit card ( Mastercard) from Offshore Pro Group at www.offshore-pro.info

Anonymous Prepaid offshore debit cards Let To keep Your own Privacy

Just before, when people want to get further income, that they turn to bank cards. These charge cards permit them to pay income and also pay out that in the future. It turned out hassle-free to start with, nonetheless, through the thriving transactions, many of these men and women failed to pay his or her bad debts. Everyone who has a charge card emerged their own borrowing limit according to the master plan she has along with according to his ability to spend. Some of them find endorsed through as an common plastic card holder for you to staying one of the lending institution’s many appreciated customers as a result getting offered the gold plan. Numerous privileged folks are in possession of greeting cards that they may use perhaps in foreign countries. On the other hand, there are nonetheless many of those people that pass your limit and yet failed to repay punctually. This makes them difficulties like being work immediately after through the bank. These people acquire ashamed while credit card agents start phoning their own residences, pleading with these people to pay. Some bankers also contact your workplaces although some send characters from your authorized department. In order to avoid that, banks have finally welcomed a fresh technological know-how, that happen to be your prepaid cards.

Prepaid cards permit the credit card members to regulate his or her costs with their homemade cards by re-depositing in advance. That cash transferred will now function as their borrowing limit. Once he or she uses the entire sum of money left inside his / her consideration, he / she will be able to {reload} that over the lender as well as Atm depending on the lending institution’s plans. Acquiring prepaid credit cards might be a great deal simpler when the candidate has a firm employment or perhaps enough income simply by delivering proofs for example lender assertions, small business lets or perhaps their salary.

Alternatively, out of this technologies, one more advancement provides advanced that’s, the actual private prepaid cards. These private prepaid cards allow you to hold their level of privacy. Many charge card users are usually unpleasant together with the truth that whenever they make use of his or her unit card, that they turn out to be susceptible to pursuing devices. Being mindful of this, everything goes about. Whenever they pay for one thing making use of their minute card, their particular paying practices are monitored. This is something that should fret plastic card members. Along with unknown a prepaid card, they require not provide personal information normal bank cards request.

Considering that shopping online is often a development in the old college technique of purchasing from the businesses, numerous online retailers require plastic cards. The issue now is always that with the technological know-how about, this review on-line might not be guaranteed then there is any threat regarding somebody for you to {hack} the knowledge. On coughing the info from the greeting card, your cyberpunk can now utilize the similar card throughout his / her insidious deals. This particular turns into an issue specifically when the charges arrive as well as the consumer is forced to pay for one thing he or she wouldn’t perhaps bought.

A lot of bankers are now offering this service. A couple of of the financial institutions will be the Credit and the U . s . Express. Essentially, anonymous pre-pay credit cards work like the prepaid credit cards subtract the many information that is personal. They’re not simply in case you are concealing a thing. These are for all those who will be unpleasant of “giving away” his or her information that is personal in order to strangers. Are you one too?

Anonymous Prepaid cards Permit To keep Your Level of privacy

Prior to, when people need to get additional funds, they utilize bank cards. Theses plastic cards allow them for it to cost money and pay out that a later date. It had been hassle-free to start with, on the other hand, through the doing well dealings, these men and women failed to pay their own financial obligations. Everyone who has credit cards emerged her own credit limit according to here is the plan she has as well as determined by their ability to pay. A lot of them acquire endorsed from being an common credit card loop in order to becoming one of many lending institution’s most appreciated clients thus staying granted the gold prepare. Several privileged people now have handmade cards them to are able to use actually abroad.

Nevertheless, there are nonetheless many of those people which spend over our limits but failed to cover on time. This will cause these people complications like staying run following through the bank. They will acquire ashamed any time plastic card providers begin getting in touch with his or her houses, begging them to pay for. Some bankers actually phone the particular places of work although some people might deliver coorespondence from the legal section. To prevent this particular, banks have finally made welcome a new technologies, that happen to be the a prepaid card.

A prepaid card let the credit card members to control their costs together with their particular handmade cards simply by re-depositing early in advance. This particular cash transferred will perform the duties of their own credit limit. When he or she stays the whole amount of cash left in his / her bill, he or she are able to {reload} it through the bank as well as Bank with regards to the lending institution’s guidelines. Acquiring prepaid credit cards are going to be a lot easier in the event the consumer includes a firm work or ample revenue stream simply by providing proofs such as loan company assertions, business enables as well as his take-home pay.

Alternatively, using this technological know-how, an additional innovation features developed that may be, the anonymous pre-pay credit cards. These types of private prepaid cards permit you to hold their own level of privacy. Several charge card users are usually unpleasant together with the belief that whenever they employ their own unit card, they become at risk of tracking systems. With this thought, all goes around. Whenever they purchase a thing employing his or her unit card, their spending behavior are usually tracked. This can be something which need to get worried charge card slots. Along with unknown a prepaid card, they have not necessarily give information that is personal common charge cards require.

Considering that shopping online is a development from your old university way of acquiring directly from the stores, several online stores demand credit cards. The situation today is with all the technology all over, this information online may not be secured then there is a risk for a person to {hack} the knowledge. On hacking the info in the greeting card, the actual hacker are now able to utilize similar minute card within her or his insidious purchases. This gets issues especially should the charges occur as well as the end user is forced to fund one thing he / she didn’t also bought.

Numerous banking institutions have become offering a reverse phone lookup. 2 of the banking institutions would be the Visa and the Us Express. Generally, anonymous pre-pay credit cards work just like the prepaid cards subtract every one of the important data. These are not just for many who tend to be covering something. These are generally for a lot of who are not comfortable of “giving away” their particular private information to guests. Will you be one of them?

Bad Credit and the Prepaid Anonymous Offshore Reloadable Debit Card

For those people who have had trouble getting credit, do not have a credit card, or are embarrassed when credit cards are the only way to pay, a debit card can help. Prepaid anonymous offshore reloadable debit cards are usually attached to a banking account that you have money in, whereby a credit card, is extending you credit without the money in hand. Either way you look at it, in today's electronic world, both of these items could be necessary in order to purchase everyday items.

While bad credit can hinder you in purchases in a variety of places, using your debit card, and keeping it up-to-date can actually improve your credit and still allow you to purchase at those electronic places. If you're careful about your spending habits, use money management techniques, and use your debit card wisely, you could soon be rid of your bad credit. It's important that when your increasing your credit rating, that you pay all of your bills on time, and a prepaid anonymous offshore reloadable debit card can help you do that electronically and easily.

It's very easy if you have cash in your pocket to spend it, by using a prepaid anonymous offshore reloadable debit card, you'll be able to save easier by only purchasing those items you really need. Cash comes and goes, and one way to save your cash is to use your prepaid anonymous offshore reloadable debit card.

Another nice feature of using a prepaid anonymous offshore reloadable debit card instead of a credit card is basic security. Because a credit card can be used to make multiple purchases up to your credit limit, it can become a financial disaster if you lose or become an object of credit card fraud. Your  prepaid anonymous offshore reloadable debit cardcan only be used up to a particular amount, so even if they get your information, at least you're not in debt.

Do be aware, that just like using a credit card, others can take advantage of your debit card of its lost or stolen. Make sure you stay up to date on all of the transactions in your debit card account, notify your banking institution as soon as you've noticed something strange, and protect your debit cards, just like you would your credit cards. As long as you're careful, prepaid anonymous offshore reloadable debit cards can actually enhance your quality of life. 

Credit Card Glossary

Credit card

A credit card is a plastic card with a specific magnetic code; used by cardholders to make
purchases and withdraw money when needed.
Every credit card carries the cardholder's first and last name, his account number and in
some cases other information.
There are various types of credit cards, such as: club members, international credit cards,
basic, silver, gold, platinum, etc.
The payments for the purchases can be paid in parts or fully at the end of a predetermined
period of time.

A credit card may also be used to withdraw cash in automatic ATM machines.

The amount a cardholder may use the credit card for is limited a line of credit authorized
and extended by the financial group that issued the card such as a credit card company or a bank.

The amount is determined based on the income of the cardholder and his or her financial history.
The credit card history is a review of the cardholder's financial life. It contains information
such as whether you pay your bills on time, etc.
This report allows credit card companies, mortgage companies and other potential lenders to
review your credit history and decide accordingly how much money they are willing to lend
you.
A good credit history can allow the cardholder to not only make small purchases, but also
to be approved to buy an expensive vehicle or a house.

A credit card is charged with an interest that is subject to the credit card agreement
between the cardholder and the authorizing institute.

Debit card

A debit card is a plastic card which allows the cardholder to pay for his or her
purchases in an alternative way other than cash.

The purchases are paid for directly from the cardholder's bank account, usually a
checking account or a savings account.
In order to use the debit card to make a purchase, the card is scanned by a card
reader or another verifying machine. To maintain the security of a debit card, it
includes a Personal Identification Number (PIN).

The client's purchasing amount is approved prior to the transaction.

A debit card can be used to make purchases as well as to withdraw cash. Some
establishments allow the cardholder to make a purchase and withdraw cash at the
same time.

Despite the fact that credit cards are in common use, debit cards have become
extremely popular and in some countries even replace the use of cash or checks.
One of the common uses of a debit card is when making Internet or phone
purchases.

Visa credit card

Visa credit card is a plastic card with the Visa logo, which allows the cardholder to
perform various actions such as purchase goods, pay for services and bills as well as
withdraw cash (at more than 840,000 ATM machines around the world).
The Visa credit card is issued by the financial institutions or by banks that are authorized
to issue the cards for their customers.
In 1958, the first Visa credit card was issued the first credit card program.
The Visa credit card is the number one credit card used by people worldwide. Visa
cardholders are welcome in more than 150 countries and online shops via Internet
merchants.
Visa offers all kinds of credit cards for different people and purposes. Examples: Visa
classic, Visa platinum, Visa secured, Visa signature, Visa gold, and reward cards.
Visa offers its customers three significant types of credit cards:

Visa credit cards – purchases and withdraws are paid monthly with interest.

Visa debit cards – purchases and withdraws are paid directly from a savings
or checking account.

Visa prepaid cards – purchases and withdraws are paid from a cash

account. Visa cards are opening a world of choices for its cardholders:
It enables cardholders to pay for purchases, travel, taxes and bills, give a Visa gift
card to a friend and even donate money to charity.
There are special Visa cards for students, small businesses, mid-size companies,
large corporations and government credit cards.
Cardholders are able to spend money online with the Visa credit card. The card is
accepted by most merchants on the net.
Visa customers are enjoying special discounts and earning points for their use of the
card. Visa credit card payments are protected by the highest security available today.
The credit card itself is protected by chips with encrypted information and special
features that make it difficult to commit fraud.
In addition, all the money transfers, the cash withdrawals and Visa payments on the
Internet, are all protected by the most advanced security technology available today.

Prepaid credit card

The prepaid credit card is a bankcard that provides the option of making purchases
and withdrawing cash from a certain amount that you previously deposited to your account
(no minimum balance requirements).
You can use some of it or all of it at once, limited to the amount deposited into the
account in advance. It can be used for online shopping, for paying various kinds of
bills, withdrawing cash from ATM machines both locally and internationally,
transferring money, etc.

The prepaid credit card enables people to have stricter control over their budget.
To order a prepaid credit card doesn't involve a credit history check. Anyone can
have it (as long as they deposit the money to their account).

The prepaid credit card is very popular in the United States and is now taking its
share of the UK credit card market as well.

The prepaid card can easily replace carrying cash, with one advantage, which is a
monthly detailed credit statement of your expenses including when and where the
card was used.

Money transfer

Money transfer is an easy, reliable way to wire money to and from companies or
people worldwide.

The money is sent at fair prices in countries all across the globe using the
phone or the Internet. Online transfers can be made any day and any time.

Money transfer via credit card is done in three ways:

Credit card to credit card

Credit card to cash

Credit card to email.

Cardholders of leading credit card companies (who have cards from a credit card
company or the bank), may use their credit cards to make money transfers from one
cardholder to another.

In these cases the money is transferred straight to the recipient's credit card
and can be used for purchases or to withdraw cash immediately.
The money transaction is easy and safe, and is done with outmost attention to
maintain the security of the customers' personal information.

The customer can track the money transfer via a website. Credit card companies
make trillions of transactions every year.

Cardholders who wish to make money transfers are requested only to indicate the
amount they wish to transfer and the recipient's credit card number. If, however, the
cardholder does not have those details, the money transfer will still be carried out
with the only name and email address of the recipient.

Online wallet

An online wallet is a web service that enables users to maintain financial information
about their online shopping, such as credit card details, shipping addresses, billing
addresses, passwords, etc - all in one secure database.

The online wallet makes online purchases more secure, faster and easier than
before.

The main benefits of the online wallet:
The primary benefit of the online wallet is that the user can pay for his or her purchases
without hesitating about disclosing the credit card number.
Paying with the online wallet takes less time than with a credit card and it is more
secure.
The online wallet is accepted at millions of local and international online merchants
and users are usually entitled to special offers and discounts in specific online
shops.

Secured credit card

A secured credit card is an alternative payment option, based on the savings of the
cardholder.

The cardholder allows the bank (or the credit card company) to deduct payments in
case he or she fails to pay for the purchase.
In order to keep a secured credit card, the cardholder should first and foremost have
a savings account to ensure they have an amount as high as the credit line they were
approved for in their bank account.

For the security of retailers and online merchants, this amount is kept in a separate
account from the cardholder's other accounts. He is entitled to use the card up to the
limit in the deposit account.

Secured credit card users receive a plastic card as with other types of credit cards.
Secured credit cards are usually issued for people who have a problematic credit
history or that they may have difficulties in making their credit card payments.
However, it is a way to reestablish the cardholder's credit history.

Secured credit card amounts may range from hundreds and up to several thousands
of dollars. There is an annual fee.

Anonymous credit card

The anonymous credit card is a credit card for online shopping, with no name or ID
on it.

The anonymous credit card is requested by people who are looking for an
opportunity to shop privately on the web or make transactions online.

This card is issued by a financial institute that allows you to use any kind of name on the credit
card. The only thing that interests the financial institute is the credit card number, its
expiration date and whether the cardholder's balance covers the purchases made with
the anonymous credit card.

The cardholder will pay for the amounts charged to the anonymous credit card each
month.

Other than that, no one knows your name or your address. You don't receive printed
statement at home, and no one can actually trace your purchases online.
You can choose to use different names for every card or the same name (any name)
and your transactions will still be safe and private.
Issued online by a secure site or email. There is an annual fee that varies
from card to card (depends on the financial institute).

The card number will contain additional information like the expiration date
and an explanation of how to load and reload your anonymous card.

Virtual credit card

A virtual credit card is a way for people to make purchases online, without risking
themselves with frauds.
The virtual card enables the cardholder to avoid giving details of an active credit card
online (credit card number, billing address, shipping address, etc).

Financial information about the cardholder's balance and credit history are accessible
in a click of a button via a secured online site.

Purchases made abroad with virtual credit card will be charged in the local currency.

The virtual credit card's main advantages are : The cardholder can buy anywhere online, there is no monthly fee to the credit card
company, it can be used to pay online tuition for academic institutes, it's good for
purchases worldwide and the cardholder doesn't have to have a bank account.

Prepaid Anonymous Offshore Debit Card – Like Having Liquid Gold In Your Wallet

Traveling with large amounts of cash used to mean you’d either have to sweat it out with a big bankroll in your pocket or get writer’s cramp signing a bucketload of travelers’ cheques. But not any more.

Now, there are great ways to travel with cash stored in a credit card-sized piece of plastic that is NOT a credit card (though it looks like one). These currency/debit cards give you the confidence of cash, the ease of a credit card and all the privacy in the world.

Prepaid Anonymous Debit Card: Preloaded and Ready to Go!

Offshore Pro Group Prepaid Anonymous debit card card looks like a credit card, but has no name on it, just a numerical code. The user also gets a PIN code. The user calls his or her banker, who loads the card with a maximum 10,000 U.S. dollars .It can then be used to withdraw cash all over the world. Even better, there are no monthly limits of withdrawal, although a limit per withdrawal may apply. And you can reload the card when you run out of cash.

Now, it’s not free. When you purchase the card and load it for the first time, you pay a commission of 1%, not unlike an insurance premium in the event of loss or theft. Charges for each withdrawal are three euros or three U.S. dollars (depending on the type of currency loaded in the card) worldwide, though local ATMs may add on their own charges. And when you reload it, you pay a commission of 1% on the reloading amount.

Other good points...

• If you lose the card or it’s stolen, the card is replaced and your current balance is credited to your new card—worldwide and at no charge. And anyone who finds the card won’t be able to use it without knowing the PIN.
• You can use the card at more than 900,000 ATMs in more than 120 countries around the world. 
• Your privacy is protected—purchases aren’t made in the card user’s name.