A foreign bank account is a convenient tool for quick settlements with foreign counterparties, accumulation and preservation of savings, attraction of low-cost investments, investment activities, tax planning, etc.
From the point of view of the Ukrainian layman, even despite all the easing of the currency legislation of 2019, an account with a Ukrainian bank does not give the desired freedom, and is inapplicable in some international schemes.
Ukrainian banks are unlimited by the NBU in the criteria for identifying the risks of countries and foreign counterparties, which often leads to a refusal to send a payment, and sometimes to closing an account with a servicing resident bank.
Opening accounts in foreign banks
Opening accounts in foreign banks is one of the core areas of the International Department of UA Absolut.
We are engaged in opening various types of settlement accounts in more than 150 financial institutions, banks around the world, both for legal entities and individuals.
It is no secret to anyone that opening corporate and personal accounts for non-residents in a more or less decent bank requires considerable effort and cost.
Bank requirements for customers have tightened. As a rule, it is easier for a bank not to enter into a relationship with a non-resident than to carry increased risks and delve into the essence of the client’s activities and needs.
The staff of Absolut UA is staffed by talented and competent employees with experience in EU banks, including banking compliance, which greatly simplifies interaction with banks and increases the chances of opening an account that a client needs.
We speak the same language with banks, and constantly monitor changes in the principles of customer selection and the requirements for them.
Or, turn to professionals and avoid unnecessary financial expenses, time losses and risks of falling into the “black list” of failed bank customers.