Opening accounts in 6 countries and settlement mechanism

24 May — Opening of corporate accounts and operations on them

1. 15:00 | 16:00 | 17:00 |18:00
   Presentation of speakers and REVERA law group. Updating the issue.
   • opening problem.
   • payment problem – transit restrictions, – restrictions on types of transactions, – restrictions on country and / or payment currency.
      
2. 15:15 | 16:15 | 17:15 | 18:15
   Opening of corporate accounts by non-residents in 6 countries and operations on them.
   • Speed ​​of settlements and payment guarantees.
   • The approach of banks in each of the 6 countries regarding KYC and AML procedures. Key requirements.
   • Possibility of using a particular payment currency.
   • Q&A
      
3. 15:35 | 16:35 | 17:35 | 18:35
   Opening of corporate accounts by residents in 6 countries and operations on them.
   • Difficulty index for each country (high, medium and low). Deadlines for opening accounts.
   • Requirements for the beneficiary, director, substance of the company, nature of activity, type of counterparties.
   • Which reduces the likelihood of opening an account.
   • Key restrictions in payments: by country, by payment currencies, by purpose of payments.
   • Banks’ approach to KYC and AML procedures.
   • Q&A
      
4. 15:50 | 16:50 | 17:50 | 18:50
   Summing up: key points for opening accounts and making transactions.
   • Q&A