Offshoring

Offshoring is the term for any form of thing that is done abroad the country from with the person of action is resident. The most popular offshore processes are

• Banking
• Trusts
• Investment
• Fund

Offshore banking

Offshore bank is a bank that is in a different country that the banks account holder country of residence. Making any bank, that allows non residents to create a bank account an offshore bank.
Offshore banking would be the use of any banking services in an offshore bank.