:pencil2: Jurisdications that provide financial services to non residents on scale that is excessive compared to the size and the financing of their domestics economies. (Zorome,2007)
:pencil2: Any financial centre where offshore activities take place.
:pencil2:A centre where the bulk of financial sector activity is offshore on both sides of the balance sheet.
:pencil2:Offer significant tax and regulatory advantages as well as providing clients from other countries with international banking services.
:pencil2:Differ from "onshore" banking in way that the financial services offered are mainly for non-resident clients.
:pencil2:Not all the services offered such fund management, brokering, insurance, holding company registeration fiduciary services, and interest gaming, can be found in onshore banking.