An offshore bank account is an international multi-currency bank account, which allows payments or collections to be made via transfers in the most popular currencies: dollars, euros, pounds, etc.
An offshore account is a normal bank account located in a foreign country where the person or the company has no residence, the authorities have no influence over his overseas bank account.
These bank accounts usually offer debit or credit cards and Internet banking access so that you can manage your account and/or withdraw money from cashpoints.