Information on determining and identifying the beneficial owner:

We, or our partner banks, are obliged under the Money Laundering Act to identify the beneficial owners.

In the case of freelancers, sole proprietorships, etc., the beneficial owner within the meaning of this law is the natural person who owns or controls a company.

In the case of companies (PLC, general partnerships, etc.), the beneficial owner is any natural person who directly or indirectly:

  1. holds more than 25 % of the capital shares,
  2. controls more than 25 % of the voting rights or,
  3. exercises control in a comparable manner.