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…

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Interesting facts about the banking system
The Bank is an organization providing financial services to the public. This is its main purpose. Today, the number of branches is more than enough in any large city, and…

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lack funds

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 flow of volunteers does not decrease. The reason for the complication of opening a bank account in England is not just the deterioration of the macroeconomic situation between the UK and the countries of Eastern Europe, but also the real desire of the United Kingdom to get rid of customers in the high-risk segment. Continue reading

Cayman Islands introduced new legislation to protect personal information

The Cayman Islands, like many other small island states whose main income is provided by the financial sector, consider it of utmost importance to maintain its reputation as a reliable and law-abiding jurisdiction that complies with all international standards in the fight against money laundering, tax evasion and corruption. . Or, at least, those that do not go against the interests of customers. Continue reading

Questions about offshore banking and offshore banking

Offshore banks and offshore banking raise many questions: what is offshore banking and how are offshore banks different from normal? What are the advantages of an offshore bank and what risks arise when doing this? And even the unexpected: “is it generally legal?”.
In this full review, we will answer all the most pressing questions about offshore banks and offshore banking. After it, you will be able to specifically approach the choice of an offshore bank for your personal or business needs. 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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