Advice

Can a banker be asked not to ask ‘unnecessary’ questions?

‘Reliable banking service, easy access and no questions’ is a wish that can never be fulfilled by a foreign bank opening an account to an offshore company. This principle is an allusion to a ‘Casino Royale’ character, a private banker for influential adventurers. This ‘ideal’ type of a bank-client relationship is sometimes sought by today’s potential banking consumers. But from what has been said above, it is obvious that this kind of relationship is not possible in real life.

Reliability of the bank and constant access to the account are indeed conditions which not just the client, but the bank itself is interested in ensuring. As for the third part of the slogan, ‘no questions’, it is this principle, as we explained above, that national and international banking law aims to counteract.