Bank accounts in the UAE: changes and innovations
Unfortunately, in the UAE there are only a few banks that work with offshore, it…

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Reasons to open a foreign bank account today!
What could be more important than the safety and stability of your savings and assets?…

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Deposit operations
According to the economic content of the deposit can be divided into groups: - demand…

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Types of money
Money currently exists in the form of cash and non-cash money. Cash exists in the…

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regulatory

How to choose a bank to place a deposit?

For more than a year, as the population is gradually returning its savings to the banking system, it is on deposits. Therefore, the question of how to choose the right bank to place a deposit today is becoming topical again.
Everything was simpler up to the “bankopad” line: if necessary, the population’s deposit was guided by two main criteria – the money was carried either “to a large bank with a long history” or to a small bank, where the depositor personally knew the head of department / deputy chairman / chairman of the board decision, guided by the principle “he whispers me when necessary, if that.” Continue reading