Swiss accounts: how to open a Swiss bank account?
Swiss accounts are recognized as one of the most reliable and respected in the world. The richest and most famous people of the world keep their money in Switzerland. However,…

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7 countries for offshore banking, which should avoid Russian-speaking immigrants from the United States
There may be a false opinion that once you are Russian, Ukrainian, Belarusian, or a representative of any other Russian-speaking country, by becoming an American you can still enjoy the…

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How to open a bank account in England to a non-resident?
Over the past few years, the opening of a foreign account in the Bank of England to a non-resident has grown into an impossible mission, despite the fact that the…

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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…

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deciding

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 taxes on amounts in the account as personal income have been paid. Some foreign banks are even starting to demand a certificate from the clients from the Russian Federation on the fact of informing the tax authorities of the Russian Federation about the existence of an account abroad. Naturally if
A foreign bank account for the FTS lately is something like a red rag for a bull. Continue reading

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 active operations, are attracted to the bank.
As a result of passive operations, banking resources are formed, which are reflected in the bank’s liabilities side. Sources of formation of banking resources are own, borrowed and borrowed funds. Continue reading

Types of money

Money currently exists in the form of cash and non-cash money.
Cash exists in the form of coins, banknotes (credit money, bank notes) and treasury notes.
Sometimes cash also includes checks and plastic cards. However, checks and plastic cards only represent non-cash money in bank accounts. By themselves, they cannot perform all the functions of money and therefore are not cash. Continue reading