Is it safe to use an offshore bank account and a bank?
100% reliability can not ensure no one. But in general, offshore banking is safer if you immediately approached seriously the choice of jurisdiction and offshore bank.
Offshore banking is safe to use if:
You have chosen a stable jurisdiction with well-developed legislation;
You have chosen a liquid bank;
If you avoided meeting with fraudsters; Continue reading
Foreign banks in Argentina will be able to work without a license
The Argentine government is developing a new bill that will amend the Capital Markets Law. The main purpose of the new law is to attract foreign investment in the country. Among other proposals, in particular, it is planned to allow representatives of foreign banks and other financial institutions to provide private banking services without a license issued by the Central Bank of Argentina. Continue reading
Interesting facts about the banking system
The Bank is an organization providing financial services to the public. This is its main purpose. Today, the number of branches is more than enough in any large city, and the world economy directly depends on these institutions and their leaders. The society will not be able to live comfortably without the use of tools that make financial activity as successful as possible. Continue reading