Opening accounts for individuals
ACCOUNTS FOR INDIVIDUALS
Among the citizens of the Russian Federation who have free funds, accounts in foreign currency in foreign banks have always been very popular. This made it possible to secure assets during the financial instability in the country.
More recently, it was legally prohibited to open accounts in foreign banks without the permission of the Central Bank of the Russian Federation, although foreign banks easily opened accounts for citizens of the Russian Federation, without requiring any notifications.
Today after the adoption of the necessary regulatory requirements, it is possible to open accounts in foreign currency in foreign banks, although there are certain restrictions. For example, the maximum amount should not be more than $ 75,000 per year. In addition, the filing of reports on the movement of funds in foreign currency accounts with foreign banks is mandatory.
Opening a foreign currency account abroad is an increasingly popular service, despite all the restrictions.
It is because of the simple desire to place free funds in reliable banks with a worldwide reputation and a long history. With the growth of the number of people involved in operations on currency and stock exchanges, the need to have currency accounts simply by the nature of their activity is growing.
Regardless of the reason why you want to open an account in a foreign bank, our specialists are always ready to provide the most optimal and profitable options for placing your assets in the world’s best banks.
Our company works with banks in Switzerland, Denmark, Malta, Singapore and the UAE.
If you are interested in opening a corporate account, follow the link and read all available information.
We strongly recommend that you check with the LegaLawyers specialists what documents are required, as well as the details of the account opening procedure.
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