BANK ACCOUNTS – THE PAIN OF AN ENTREPRENEUR. WHY ARE BANKS SO DIFFICULT TO OPEN ACCOUNTS?

✅The reason for the pain. Banks’ compliance with AML, CRS, BEPS, FATCA.

✅Who is affected? Bank accounts of small and medium-sized entrepreneurs.

✅The difference in opening accounts for non-residents and residents.

✅Payment system accounts as an alternative to banking solutions.

✅Secrets of successful bank account opening. What needs to be provided to satisfy the bank?

✅Specifics of accounts in the UAE. List of documents required by all banks in the Emirates.

✅Life cycle of a bank account: from choosing a bank to closing the account.