Deutsche Bank leaves Latvia
Recently, Deutsche Bank has received several heavy blows to its reputation and pocket. He was accused of helping with money laundering, fraud and tax evasion. And then they wrote out…

Continue reading →

Questions about offshore banking and offshore banking
Offshore banks and offshore banking raise many questions: what is offshore banking and how are offshore banks different from normal? What are the advantages of an offshore bank and what…

Continue reading →

banking operations

Theoretical aspects of cash and settlement services for individuals and legal entities

The banking system is a combination of credit institutions and various types of national banks operating through a monetary mechanism.
Commercial banks are banks, service organizations, as well as their customers.
Commercial banks, and in particular, Sberbank of Russia, plays an important role in implementing the policy of the Central Bank of the Russian Federation, ensuring compliance with the amount of cash in circulation, managing inflation, the ruble exchange rate, maintaining stability of monetary circulation in the country, the level of employment, and maintaining normal economic growth.  Continue reading

How to open a foreign bank account that will not be closed due to the lack of confirmation of registration of this account in the tax
Many foreign banks, which still open accounts for non-residents, are beginning to demand documents that taxes on amounts in the account as personal income have been paid. Some foreign banks…

Continue reading →