Quote:
Originally Posted by Ms NTL
Nope. You can hide your dosh easily.
Digital Banks: Three bad examples
Plum: Owned by two Aussies (do not correct me on that). They have an account with Citybank (you may correct me on this) and they put your money anonymously there. Very fishy bank.
MoneyBox: They put your money in their account with HSBC.
Moneyfarm: Owned by an Italian guy. I have no more to say on this.
All three are recommended by the money saving compare sites
Fintech/Worldpay, the same two Aussie Plum guys.
But Jersey has plenty of banks that have subsidiary digital banks. Very reliable. The corrupt Anglo-Irish bank (jersey) never leaked ANY info, even after bankruptcy.
No need to uproot.
|
Looking at the ones you mention, the digital banks, they're all registered here and are regulated by the FSA. This wouldn't get you out of paying tax. It's not hiding your money. What matters is not where the owners are from or which banks they use themselves, what matters is if they have a UK Banking Licence. If they do then they can operate here but in turn have to submit returns to the government.
I am not really sure what you're getting at there?