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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How can a non-resident open an account in Europe without visiting a bank?
Today, a foreign bank account in a country with a reliable and well-organized banking system is an indispensable tool for both private and corporate individuals. Problems in the banking sector…

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standards

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

Deposit operations
According to the economic content of the deposit can be divided into groups: - demand deposits; - term deposits; - savings deposits. Deposits can also be classified according to other…

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