Cayman Islands introduced new legislation to protect personal information
The Cayman Islands, like many other small island states whose main income is provided by the financial sector, consider it of utmost importance to maintain its reputation as a reliable…

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Reasons to open a foreign bank account today!
What could be more important than the safety and stability of your savings and assets? Perhaps only the reliability of your bank. Yes, it is the bank that should be…

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interest rates

Questions to ask a banker before investing

A private bank, managing other people’s assets rarely takes a large commission. Often we are talking about 1-2% per annum of the size of the assets. The proposal looks tempting, so not everyone asks additional questions.
A must. The fact is that in addition to the commission of the bank itself, there are additional commissions: the commission of the mutual fund, if your banker invests money in mutual funds; stock / bond storage fees; withdrawal fee, etc. Continue reading

Bank accounts in the UAE: changes and innovations
Unfortunately, in the UAE there are only a few banks that work with offshore, it is: Emirates NBD, and the bank requires that the average monthly account balance be maintained…

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