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How can a non-resident open an account in Europe without visiting a bank?
Today, a foreign bank account in a country with a reliable and well-organized banking system is an indispensable tool for both private and corporate individuals. Problems in the banking sector and crises in the home country, the risk of loss of assets due to criminal or legal prosecution, currency depreciation – these and other reasons make many people think about withdrawing money to a safer place.
The banking system of many European countries is well developed, reliable and well organized. Continue reading
Deposit operations
According to the economic content of the deposit can be divided into groups:
– demand deposits;
– term deposits;
– savings deposits.
Deposits can also be classified according to other criteria: according to terms, types of depositors, terms of depositing and withdrawing funds, interest paid, etc. Continue reading
