Having An Offshore Bank Account Flagstaff AZ

There are many benefits to having an offshore bank account, especially if you travel a lot for business. Many businesses utilize offshore bank accounts because placing their money within another economy can have some tax advantages.

Bank of America - Flagstaff Mall Branch
(800) 432-1000
4550 North Us Highway 89
Flagstaff, AZ
ATM Fees
monthly fee: Monthly service fees range from $0 to $25.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

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Wells Fargo - Flagstaff Mall Branch
(866) 245-3452
4650 N Hwy 89 D3
Flagstaff, AZ
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

Data Provided by:
BBVA Compass Bank - Flagstaff Downtown Branch
(800) COM-PASS
2 East Birch Avenue
Flagstaff, AZ
ATM Fees
monthly fee: Monthly service fees range from $0 to $20.00. See institution about how these monthly fees can be waived.
ATM Fee Rebate Noe: BBVA Compass Bank rebates ATM Surcharge Fees. Contact the institution for details.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

Data Provided by:
Chase - Flagstaff Milton Road Branch
(877) 682-4273
1484 South Milton Road
Flagstaff, AZ
ATM Fees
monthly fee: Monthly service fees range from $0 to $35.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

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Wells Fargo - So. Woodlands Village Branch
(866) 245-3452
2700 So. Woodlands Village Boulevard
Flagstaff, AZ
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

Data Provided by:
Chase - East Flagstaff Branch
(877) 682-4273
4830 North Highway 89
Flagstaff, AZ
ATM Fees
monthly fee: Monthly service fees range from $0 to $35.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided by:
Wells Fargo - East Flagstaff Branch
(866) 245-3452
2625 North Fourth Street
Flagstaff, AZ
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

Data Provided by:
Bank of America - Flagstaff Downtown Branch
(800) 432-1000
125 East Birch Street
Flagstaff, AZ
ATM Fees
monthly fee: Monthly service fees range from $0 to $25.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided by:
Bank of America - Flagstaff Woodlands Branch
(800) 432-1000
2625 South Woodlands Village Boulevard
Flagstaff, AZ
ATM Fees
monthly fee: Monthly service fees range from $0 to $25.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided by:
Chase - Flagstaff Downtown Branch
(877) 682-4273
100 West Birch Street
Flagstaff, AZ
ATM Fees
monthly fee: Monthly service fees range from $0 to $35.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided by:
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Having An Offshore Bank Account

There are many benefits to having an offshore bank account, especially if you travel a lot for business. Many businesses utilize offshore bank accounts because placing their money within another economy can have some tax advantages. It also allows a business to have money in a different location in case they need it for a specific reason. Otherwise, they are able to have money housed somewhere else where it cannot be touched by anyone that doesn t have the authority to touch it. Security is tight when it comes to offshore bank accounts, so many businesses and individuals are able to enjoy the benefits of knowing their money is safe. Because businesses trust their money in offshore accounts, it does not hurt for you to do the same because you never know when and how you ll need to access that money.

In terms of business travel, it is very beneficial if you have offshore bank accounts in the countries that you frequent. If there are certain cities that you frequent, then banks in those cities are going to prove even more beneficial for you. That means you ll have money at your disposal in case you need it. You just never know when something is going to happen that you need to access your funds quickly.

Things do happen

Let s just say that you travel frequently to Geneva, Switzerland. You may want to consider opening an offshore bank account in Geneva because the money will be there in case you need it. You just never know when something such as a credit card is not going to work or ends up being lost. Loose things such as cash and credit cards can easily disappear and you do not want to be in a situation in which you have to call your business to wire you money because you re stuck. Then there is always the fact that your company may not be able to bail you out. You don t want to have to call family members or friends to send you large sums of money to get you through the rest of your business trip.

By having an offshore account in the countries and even the cities you visit means you re going to be able to walk into the bank, show ID, and have immediate access to your money. That means the only thing you re going to have to do is report your credit card lost. If you ve lost cash, you re going to feel terrible, but you ll know to be a bit more careful with the cash that you have withdrawn from your offshore bank account. It s just good to know that it is there when you need it. Had you not thought of opening an offshore bank account in the cities and countries that you frequent, you would have been in a bad situation. It never hurts to be prepared.

Opening the account

Depending on which countries you frequent is going to determine where you open the accounts. Many offshore banks have online applications that you fill out. You then fax them a copy of your ID and an existing bank statement. They may require additional information, but that is going to depend on the type of account you re opening and the bank you are opening it with. Each bank has different requirements, so it is good to see what those requirements are prior to opening your account. You want to make sure you can provide everything they need in a timely fashion. Once everything is provided, you simply arrange a wire transfer to the new account and you are finished. You are then on your way to having secured money that is available when you need it.

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