Why are there so many difficulties?

Unfortunately, pressure from industrialized countries is strong and more and more banks prefer avoiding the risk of multi-million dollar fine or accounts being closed in the corresponding banks. If a bank has been signaled as being suspected of money laundering or of facilitating money laundering operations, or any other crimes, it could lose its license or they could close correspondent accounts so that, in practice, it is impossible for the bank to operate. If you were the owner of an offshore bank, you would do the same thing: you would eliminate the small clients who provide little profit and expose the banks to the same risks as a big client.

  • Saturday, 24 September 2016

Leave a comment

You are commenting as guest.

S
U
P
P
O
R
T