Daily Investment Tips

Three Major British banks have subsidiaries in Monaco Island.The three UK Banks provide offshore bank accounts to international clients.

Lloyds TSB Bank Plc

Located ar 11, bd des Moulins

Barclays Bank Plc (Monaco)

Located at 21, av de la Costa

HSBC Private Bank Monaco

While confidentiality is a legal requirement in Monaco, it might not be elsewhere where tax authorities might be able to exert some influence on disclosures at a bank’ s head office (for example The Inland Revenue in the UK might try to get information on a UK citizen who has a Monaco bank account from the London office, if the UK citizen had a Monaco bank account it should be with a non UK bank to prevent this possibility).