We hereby inform you that with the entry into force of the new Law on Prevention of Money Laundering and Financing Terrorism on 07th of July, 2018, the following changes in the operation of Eurostandard Bank AD – Skopje are implemented:
- Pursuant to the provisions of the Law mentioned above, a necessity of mandatory identification of ‘’Public officials’’ is established and all the existing and future clients of the bank have an obligation to give a statement whether they are holders of public function or persons associated with the public officials (Political exhibited persons) and on the basis of the appropriate risk assessment the bank decides on the approval / extension of the business relationship with this person.
- A mandatory identification and registration of all natural and legal persons that wish to make / execute transaction / service in the bank over 500 EUR in denar counter value for currency exchange transactions and above 1000 EUR in denar counter value for all transactions (including transactions of fast money transfer) was established. Identification and verification is performed with provision of appropriate documentation issued by a competent state authority (valid identity card / passport for natural persons; current balance sheet not older than 3 months for legal persons) and the registration of the new clients performed by fully completed Application for registration / data update of a client (natural and legal person) which is available on the website.
- A mandatory identification and verification of a ‘real owner’ of a legal entity as an obligatory prerequisite without which the bank cannot establish / continue the business relationship is established.
* PUBLIC OFFICIAL
Definition for the public officials and/or persons associated with them in accordance with the legal regulation in the Republic of Macedonia: