Offshore World Bank Almanac - Canada
Canada is not a traditional offshore jurisdiction. Taxes in Canada are higher than in the US, and you are unlikely to open an account in Canada remotely without special knowledge…

Continue reading →

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…

Continue reading →

long term

Formation of approaches to the functioning of the bank in the context of sustainable development

The world community is unanimous about the need to make changes in the functioning of banks and an understanding of their role in the financial market. So, according to V.V. Vysokova, Chairman of the Board of Directors of the Center-Invest Bank, “the old model of the banking business, based on the use of temporarily idle funds circulating in the settlement system, has exhausted itself”. Moreover, domestic economists consider the inevitable transition to a new model of banking business, in which the bank’s client will play a different role. Continue reading

WPS salary protection system. How to open an account in the UAE and WPS?
When opening a corporate account in the UAE, the bank also provides access to salary payments through the WPS system. In this article we will look at what WPS is…

Continue reading →