Currency operations of commercial banks and their role in economic development
In the conditions of transition of the economy to market relations and the development of the banking system, the development and improvement of currency operations of commercial banks is of…

Continue reading →

Tariffs of the English Bank Barclays on international transfers.
Unfortunately, the world is designed so that you have to pay for everything, and the mean, as you know, pays twice. In the offshore industry, the miser pays both 5…

...

Know your customer: this is why banks WILL ask you awkward questions
Banks are fined hundreds of millions of dollars for insufficient customer verification. This is exactly what happened with the largest bank in Pakistan, which received a $ 225 million fine…

...

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…

Continue reading →

significantly improved

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 was due to the fact that the publications mentioned two German banks that had a relationship with the firm Mossack Fonseca. Their German government officials were quick to assure the public that measures would be taken to amend German law in order to prevent the anonymous use of companies. German Justice Minister Heiko Maas said that Germany is at the forefront in the fight against money laundering and the fight against terrorism. Continue reading