Foreign banks in Argentina will be able to work without a license
The Argentine government is developing a new bill that will amend the Capital Markets Law.…

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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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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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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…

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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