How to open a bank account in England to a non-resident?
Over the past few years, the opening of a foreign account in the Bank of England to a non-resident has grown into an impossible mission, despite the fact that the…

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Deposit operations
According to the economic content of the deposit can be divided into groups: - demand deposits; - term deposits; - savings deposits. Deposits can also be classified according to other…

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Bank requirements for borrowers
Today, it is not only banks, but also small credit organizations that offer a small amount of cash in loans. Announcements appear on the Internet, on the street, on radio…

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The best client of a law firm is a regular partner.
Since each of the cases handled by law firms has a number of its own specific nuances, there is no unambiguous list of criteria that should guide the selection of…

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requested date

WPS salary protection system. How to open an account in the UAE and WPS?

When opening a corporate account in the UAE, the bank also provides access to salary payments through the WPS system. In this article we will look at what WPS is and how it works.
What is WPS and how does it relate to opening a bank account in the UAE?
The Wages Protection System (WPS) is an electronic salary transfer system that allows organizations to pay salaries to employees through banks, bureaus and financial institutions approved and authorized to provide this service. Continue reading

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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