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…

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How to choose a bank to place a deposit?
For more than a year, as the population is gradually returning its savings to the banking system, it is on deposits. Therefore, the question of how to choose the right…

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attractive

Good reason to open a foreign bank account

The litigation that is currently unfolding between the Federal Tax Service and Sberbank may be a significant precedent that will affect the entire banking sector in Russia. The FTS accuses Sberbank of dishonest behavior, which is expressed in the fact that the bank refused to perform the functions of the tax authorities and write off funds in paying taxes from the client’s account.
The decision of the court is now closely watched by many account holders in Russian banks. If the court takes the side of the FTS, it may mean that in the near future the requirement to write off taxes from the accounts will be mandatory for all banks. This means that accounts in Russian banks will become an even less secure and confidential way of storing funds. 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…

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