Interesting facts about the banking system
The Bank is an organization providing financial services to the public. This is its main…

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Swiss accounts: how to open a Swiss bank account?
Swiss accounts are recognized as one of the most reliable and respected in the world.…

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Deposit operations
According to the economic content of the deposit can be divided into groups: - demand…

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Interesting facts about the banks of the world
The more familiar word "bank" originated in Italy. The indigenous population gave usurers securities and…

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banks themselves

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