I&M Bank Uganda launches offshore banking; promises world-class international banking, investment and advisory services

I&M Bank Uganda has in collaboration with Bank One, a Mauritius-based bank, launched a world-class offshore banking solution, that allows its clients to have an array of international banking, investment and financial advisory services.  Bank One, is a subsidiary bank of the I&M Group Plc and a sister bank to I&M Bank Uganda. An offshore, or overseas, bank account is one held by a client outside their country of residence. It allows the client to make and receive payments internationally, hold money and set up savings and investment accounts in multiple currencies. At its basic, off-shore banking allows clients access…