Strategies For Opening Offshore Bank Accounts in the Marshall Islands
The Republic of Marshall Islands currency is the US Dollar, so there are no restrictions on the transfer of funds into or out of the country and no foreign exchange rates to pay.
Currently there are only two banks operating in the Republic of Marshall Islands.
The Bank of Guam is a US Commercial Bank and deposits are protected by the Federal Deposit Insurance Corporation, (FDIC), up to $100,000 per deposit.
The Bank of the Marshall Islands is supervised by the RMI and is not protected by the FDIC.
Contact Offshore Company Consultants
Offshore Company Consultants
1825 Ponce De Leon Blvd., Suite 319
Coral Gables, FL 33134
Monday - Friday 8am - 6pm EST