FINANCIAL MONITORING IN SLOVAKIA

FINANCIAL MONITORING IN SLOVAKIA

Author

Prykhodko Andrii

What exactly does the law provide for financial monitoring:

• Identification of the client in the case of a financial transaction in the amount of at least 1,000 euros;
• basic control when carrying out a financial transaction in the amount of more than 15,000 euros, while it does not matter whether this transaction is carried out once or as several interconnected ones;
• detection of suspicious transactions and notification of a special financial state body.

Bank lawyer in Slovakia is one of our main job profiles.

Our bank lawyer will advise you on the following issues:

• How much money can be deposited in a bank in Slovakia?
• What to do when the bank requested documents about the origin of the cats?
• What documents confirm the origin of funds?
• Where to get documents confirming the origin of funds?
• What to do if there are not enough documents about the origin of the funds?
• How to withdraw (return) blocked funds in the Slovak bank?
• How to close a bank account?
• How to legally bypass financial monitoring in Slovakia?
• What to do if there is no source of funds?
• How to pass finmon in a Slovak bank?

Financial monitoring in Slovakia is regulated by Law No. 297/2008.