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…

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 →

office several

Sweden and the Netherlands demand to disclose the clients of the Swiss UBS

It recently emerged that Sweden and the Netherlands filed administrative requests with the Swiss authorities asking them to state the names of their citizens who own accounts at UBS in Zurich to find out if they paid taxes or not. Previously, similar requests were also filed by Spain and France, relying on information received from the German authorities, who since 2010 have conducted several fiscal investigations based in part on information obtained in Switzerland through unofficial channels. Continue reading

Open a bank account in Germany
A bank account abroad is one of the most attractive and thoughtful products for diversifying currency risks and protecting its assets. In fact, to ensure that your money does not…

Continue reading →