Opening overseas bank accounts
We open bank accounts in Latvia, the UK, Israel, Hong Kong and on Cyprus. We only use services of reliable banks with a long history of fruitful cooperation. We diligently match your needs with services and capabilities of banks. Depending on you availability, ... more
To ensure quality of services provided by us, legality of our solutions and productive cooperation with our partners and banks, A.R.T. Business Group follows strict Know Your Client (KYC) policy, which in practice means requiring certain documents confirming identity of our clients and their companies. The approximate list of identification documents is as follows:
Individuals (certified true copies)
- Valid passport copy or identity card with signature
- Copy of utility bill or bank statement as verification of residential address not more than 6 months old (in case of CIS citizens, internal passport with specified address can be used)
- Bank reference letter not more than 6 months old
Companies
Legal documents (certified true copies)
- Copies of constitutional documents
- Copy of the document confirming corporate structure identifying the ultimate beneficial owner
- Copy of the trust deed(s) duly signed by both related parties (nominee shareholder(s) and ultimate beneficial owner(s))
For the physical persons related to the company
Same as for individuals.
Crimean Free Industrial Zone: how to benefit from it?
Talks about Crimea as almost a new offshore appeared just after the events that had put its territorial status under question mark. Yet only in December 2014 Russia clarified its plans regarding the new region. In the very end of ... more
If you are interested in know your client (kyc) policy , you may: