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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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,…

Continue reading →

elementary form

Good reason to open a foreign bank account

The litigation that is currently unfolding between the Federal Tax Service and Sberbank may be a significant precedent that will affect the entire banking sector in Russia. The FTS accuses Sberbank of dishonest behavior, which is expressed in the fact that the bank refused to perform the functions of the tax authorities and write off funds in paying taxes from the client’s account.
The decision of the court is now closely watched by many account holders in Russian banks. If the court takes the side of the FTS, it may mean that in the near future the requirement to write off taxes from the accounts will be mandatory for all banks. This means that accounts in Russian banks will become an even less secure and confidential way of storing funds. Continue reading

Banking empires of British origin are fading

The UK banking sector is not just an attractive destination for a successful entrepreneur, but also a strategically advantageous point on the financial map of the world for asset management. Money is flocking to key megacities of our planet, among which London is also listed, but in recent times it takes a lot of effort, money and time to remain a client of a London bank. Continue reading

Interesting facts about the banks of the world

The more familiar word “bank” originated in Italy. The indigenous population gave usurers securities and money in the hope of their return. If the money changers went bankrupt, then they smashed their heads on the bench, which was their workplace and was intended for laying out coins and business papers. Thus, the word bankrupt from banco rotto – broken bench and banco – bench. Continue reading

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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