It is one thng to be asked to pay additional charges for the benefit of off shore accounts but to be asked to 'foot' an additional charge in relation to insurance coverage for that said account is totally riduculous, to say the least. This had happened to me some time back, so I am not even sure if it is still in vogue. Normally, people use off shore accounts as a way of cheating the 'tax man' back at home. I am sure that those people would not mind paying all that much for the privilege of having an off shore account and there by cheating the tax man back home.
But, I do not have oddles of cash like them and the reason that I use this off shore account is only because my earnngs from some meagre investements are routed through them. And what really gets me is that even after all the extra charges that this 'Luxury' off shore account entails, I still pay the tax man back home. Now on top of the additional charges, I have to pay a premium for my account coverage, I think that the Citibank people think that I must be related to king Midas himslef! All i have got to say in this matter is that I did do my best by touching a lot of stuff, but nothing seems to turn to gold? What can i do?