Form of government:Presidential Republic
Area:9 519 431 км2
Open an account in the USA
US banking institutions ensure the preservation of deposits and guarantee the convenience of using accounts. In 1980, the US passed a law on the Federal Reserve System, as well as a number of other legislative regulations. The development of the centralized banking system of the state began with the adoption of these laws.
To date, US financial institutions are considered to be one of the leading in the world. The banking system of the country has stability and excellent level of service. Among many financial institutions of the investment and commercial direction, there are federal banks. They operate in the territory of certain states. The role of the central bank is performed by the Federal Reserve System. It is controlled by the government. If clients do not manage to solve a specific problem with a banking institution, the government can solve the issue and even take a part of the financial risks.
Priorities of US financial institutions
- Preservation of customer deposits. As of 2012, the Federal Deposit Insurance System could provide account safety in the event of bankruptcy of 7,000 banks.
- Confidentiality and preservation of bank secrecy.
- Advantageous international transfers with minimal costs.
- Quality of service. The account is opened in a short time. A wide range of services is provided: an extract and free check cashing, as well as their transfer using the BillPay service.
- Convenience of management. Online banking allows you to manage your account anywhere in the world where there is Internet. The funds can be transferred from the electronic payment system.
- Small amount of documentation. It is enough to have a document confirming the identity of the client for clearance.
- Acceptable cost of services.
Previously, all these advantages could be used only by the Americans, but now the government renders substantial support to foreign investors. It has become quite real and very profitable for the natural and legal entities, that do not live in the US, to open an account in this country. Therefore, the citizens of Ukraine and other CIS countries pay attention to financial institutions of the United States. Thanks to the specialists of Finance Business Service, you can open an account with American banks in the shortest possible time and without any problems. They will help to solve all the issues, will take care of the paperwork and provide information on the specifics of the work of particular banks.