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…

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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

Internet banking: How to secure online payments
Cyber ​​criminals are not asleep, especially on the eve of the pre-Christmas rush. According to experts from Kaspersky Lab, the finances of Internet users are being attacked by a new…

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