offshore banking

US /ˌɔːfʃɔːr ˈbæŋkɪŋ/
UK /ˌɔːfʃɔːr ˈbæŋkɪŋ/
"offshore banking" picture
1.

perbankan luar pesisir, perbankan luar negara

the practice of using banks in foreign countries, typically those with lower taxes and less regulation, to hold money or assets

:
Many wealthy individuals engage in offshore banking to minimize their tax liabilities.
Ramai individu kaya terlibat dalam perbankan luar pesisir untuk mengurangkan liabiliti cukai mereka.
The new regulations aim to curb illegal activities associated with offshore banking.
Peraturan baharu bertujuan untuk membendung aktiviti haram yang berkaitan dengan perbankan luar pesisir.