Bank accounts in the UAE: changes and innovations
Unfortunately, in the UAE there are only a few banks that work with offshore, it is: Emirates NBD, and the bank requires that the average monthly account balance be maintained…

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PASSIVE OPERATIONS OF THE BANK
Passive operations are operations for the accumulation of funds. As a result of these operations, funds from businesses and individuals, government funds, and shareholders' funds, which are used to conduct…

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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

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 and 10 times. They were stingy with the consultation and registered the cheapest classic offshore, which is not suitable for achieving your goals, spent on closing it or simply abandoned, spent on consultation, onshore registration, accounting, opening a bank account, did not think about the merchant account for their business in time – and again from the beginning. 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 to open a current bank account in one of the local financial institutions. But more and more often, customers of Dubai banks are those who have neither business interests nor real estate in the region.
This is not something outlandish, since the banking system of the United Arab Emirates is recognized by experts as one of the most reliable and immaculate in the world. Continue reading

Modern loyalty programs of commercial banks
In the modern world, it is difficult to imagine a person who would not use bank cards. Due to its advantages and wide possibilities, this means of cashless payment has…

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