Open a bank account in Germany
A bank account abroad is one of the most attractive and thoughtful products for diversifying currency risks and protecting its assets. In fact, to ensure that your money does not…

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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…

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Modern loyalty programs of commercial banks
In the modern world, it is difficult to imagine a person who would not use bank cards. Due to its advantages and wide possibilities, this means of cashless payment has…

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Dubai Bank Services
If you are doing business in the United Arab Emirates or have registered an offshore company in the UAE free zone, then it goes without saying that you will want…

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Good reason to open a foreign bank account

The litigation that is currently unfolding between the Federal Tax Service and Sberbank may be a significant precedent that will affect the entire banking sector in Russia. The FTS accuses Sberbank of dishonest behavior, which is expressed in the fact that the bank refused to perform the functions of the tax authorities and write off funds in paying taxes from the client’s account.
The decision of the court is now closely watched by many account holders in Russian banks. If the court takes the side of the FTS, it may mean that in the near future the requirement to write off taxes from the accounts will be mandatory for all banks. This means that accounts in Russian banks will become an even less secure and confidential way of storing funds. Continue reading

Interesting facts about the banks of the world

The more familiar word “bank” originated in Italy. The indigenous population gave usurers securities and money in the hope of their return. If the money changers went bankrupt, then they smashed their heads on the bench, which was their workplace and was intended for laying out coins and business papers. Thus, the word bankrupt from banco rotto – broken bench and banco – bench. Continue reading

Types of bank card fraud

A lot of citizens today have a bank card – debit or credit, or both. However, bank cards are a fairly new phenomenon in Russian reality, and one hundred percent protection against stealing money from them has not yet been invented. Banks are constantly complicating the protection of cards, but fraudsters, in turn, come up with how to get around it. If you are a holder of a bank card, then it is useful for you to find out about the types of bank card fraud in order to protect yourself from trouble. Continue reading