Currency operations of commercial banks and their role in economic development
In the conditions of transition of the economy to market relations and the development of the banking system, the development and improvement of currency operations of commercial banks is of…

Continue reading →

An account in an English bank is prestigious and profitable!
England is one of those countries where everything is based on standards. This is not an offshore paradise, but with skillful use of the laws, you can reduce the significant…

Continue reading →

company is registered

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 at least $ 137,000;
United Arab Bank, and the bank requires that the average monthly balance on the account be maintained at least $ 100,000;
RAK Bank, and the bank requires that the average monthly account balance be maintained at least $ 275,000.
In addition, in order to apply for opening accounts of offshore companies in these banks, the owner of the company (shareholder) must be a resident of the UAE – in order to have a rationale for why you need a bank account in the UAE. Continue reading

The reaction of the German banks mentioned in the “Panama scandal”
The day after the announcement of the "secret" documents of the Panamanian law firm Mossack Fonseca in the German newspaper "Munich" a statement by the German government appeared. This statement…

Continue reading →