National Westminster Bank Plc (NatWest Bank)

Relationship was terminated

GSL reference about the bank

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In the mid-1990s, National Westminster Group was rather active in its offshore operations and focused on international clientele. However, in 1997 the bank’s management decided to refocus on domestic market, and the bank started to sell its overseas subsidiaries, cutting off non-resident clients. Thus, the bank sold its Cyprus bank Lombard NatWest to the Alpha Group of Greece, and its Frankfurt branch – to Ost-West Handelsbank.
By the early 2000s our relationship with the bank had ended

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    Bank's characteristics

    General information and rating

    Global rating Countrywide rating Countrywide rating of the head bank Global rating of the head bank Credit rating
    53 8 — — A
    Year of foundation 1968
    History Registered in England (No 929027) as a private limited company on March 18, 1968, re-registered as a plc under the Companies Act 1980 on February 1, 1982. Formed as a result of the merger of National Provincial Bank Ltd and Westminster Bank Ltd. In March 2000 the company was acquired by The Royal Bank of Scotland Group plc, creating an enlarged Group with a diversified range of businesses. The Royal Bank of Scotland Group is one of Europe's largest banking groups with a leading position in the UK in corporate, retail, private, offshore and supermarket banking and in direct motor insurance. It is also one of the world's largest banks
    Personnel Англо-говорящий
    Bank’s shareholders The Royal Bank of Scotland plc (Edinburgh UK) - 100%
    Confidentiality Double Taxation Agreement with Russia is signed; AML legislation is strictly observed; Active member of OECD, FATF, Basel Commitee, Egmont Group etc.

    Minimum requirements

    Minimum balance, € Transactions permitted per month Initial deposit of funds, € Deadline for the initial deposit, month Minimum turnover, €/year
    — — N/A N/A N/A
    How fast payments are executed Дата валютирования - третий день (обычный перевод). Но вообще платежи ходят медленно. Порой требуется дополнительное обоснование платежа. Рабочий день в банке с 11.30 до 20.00 (по Московскому времени) с перерывом на обед.

    Tariffs and services

    Outcoming transfer, € Incoming transfer, € Account maintenance, €/year Payment limit for credit cards, €/day Funds to be blocked for CC issue, €
    N/A N/A N/A N/A N/A
    Distant access to the account 1) Платежная инструкция в оригинале или факс с паролем по дополнитель-ному согласованию с банком; 2) Модемная система "Банк-Клиент" до сих пор никому из клиентов не удалось получить таковую, поскольку для этого требуется собрание некоего кредитного совета
    Financial products Стандартный комплекс банковских услуг универсального банка
    Credit/debit cards VISA, Страховое покрытие - £5.000. Платежный лимит - половина от заблокированной на счете суммы. Процент за снятие наличных в банкомате колеблется от $2 до 3%.

    Account opening procedure

    Days to open for incoming transfers Days to open for outcoming transfers References Business description Purpose of the account
    N/A N/A Not necessary Sketchy Current
    Visit to the bank Не нужен
    Required Копия загранпаспорта
    Types of accounts Personal; Corporate; Current
    Opening procedure and Due Diligence It is possible to open an account without visiting the country where the bank is located
    Chances to open an account Predictable
     
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