Commercial Bank
Credit organizations are divided into banks and non-bank credit organizations. The latter can only perform individual banking transactions. A commercial bank is an organization created primarily for the accumulation of…

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Brokerage operations of banks in their accounting
The securities market is similar to the market of any other commodity, but it also has its own characteristics, which are determined by the specifics of the commodity, the method…

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residents

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 and very long negotiations with dozens of banks. Very often, our clients who are interested in opening an account in a Canadian bank, after consultation, thank for the advice to open an account in a Canadian bank branch on one of the islands of West India, for example, on St. Kitts or Nevis. Continue reading

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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