Types of money
Money currently exists in the form of cash and non-cash money. Cash exists in the form of coins, banknotes (credit money, bank notes) and treasury notes. Sometimes cash also includes…

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The reaction of the German banks mentioned in the “Panama scandal”
The day after the announcement of the "secret" documents of the Panamanian law firm Mossack Fonseca in the German newspaper "Munich" a statement by the German government appeared. This statement…

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7 countries for offshore banking, which should avoid Russian-speaking immigrants from the United States

There may be a false opinion that once you are Russian, Ukrainian, Belarusian, or a representative of any other Russian-speaking country, by becoming an American you can still enjoy the privileges that are available to the entire Russian-speaking world. Of course, knowledge of the Russian language can open up more opportunities, and more precisely convenience when choosing the right offshore bank, but your residence permit and obligations that it imposes on you cannot be ignored. Continue reading

Commercial Bank
Credit organizations are divided into banks and non-bank credit organizations. The latter can only perform individual banking transactions. A commercial bank is an organization created primarily for the accumulation of…

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