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Offshore bank accounts differ from domestic bank accounts in several ways:

1. Location: Offshore bank accounts are held in a foreign country, while domestic bank accounts are held in the account holder's country of residency.
2. Currency: Offshore bank accounts are often denominated in a foreign currency, while domestic bank accounts are usually denominated in the local currency.
3. Privacy: Offshore bank accounts offer more privacy and confidentiality compared to domestic bank accounts, which may be subject to reporting requirements and government oversight.
4. Taxes: Offshore bank accounts may offer tax benefits, such as lower tax rates or tax exemptions, compared to domestic bank accounts. However, it is important to note that there may be complex tax laws and reporting requirements associated with offshore banking.
5. Interest rates: Offshore bank accounts may offer higher interest rates compared to domestic bank accounts, but this will depend on the country and the specific bank in question.
6. Regulation: Offshore banks may be subject to different regulations and oversight compared to domestic banks, which can affect the stability and security of the bank and the account holder's funds.
7. Accessibility: Offshore bank accounts may be more difficult to access compared to domestic bank accounts, due to geographical distance and time zone differences.