protection system
How to open a bank account in England to a non-resident?
Over the past few years, the opening of a foreign account in the Bank of…

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Questions about offshore banking and offshore banking
Offshore banks and offshore banking raise many questions: what is offshore banking and how are…

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An account in an English bank is prestigious and profitable!
England is one of those countries where everything is based on standards. This is not…

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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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working relations

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 and how it works.
What is WPS and how does it relate to opening a bank account in the UAE?
The Wages Protection System (WPS) is an electronic salary transfer system that allows organizations to pay salaries to employees through banks, bureaus and financial institutions approved and authorized to provide this service. Continue reading →

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World banking systems
In world practice there are the following banking systems: 1) two-level: 1st level - Central…

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