The banking crisis in Europe: Deutsche Bank is just the tip of the iceberg
The banking crisis in Europe is gaining momentum. And although the facts of this destructive…

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How to open a foreign bank account that will not be closed due to the lack of confirmation of registration of this account in the tax
Many foreign banks, which still open accounts for non-residents, are beginning to demand documents that…

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Dubai Bank Services
If you are doing business in the United Arab Emirates or have registered an offshore…

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Modern loyalty programs of commercial banks
In the modern world, it is difficult to imagine a person who would not use…

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Monthly Archives: November 2018

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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

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