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Clients’s funds coming to the Bolmax account are stored at the European bank «AB Šiaulių bankas», Lithuania.

 

«AB Šiaulių bankas» is a well-known bank with a long history and good reputation. The Bank is working on standards laid down by law of the European Central Bank. It can quickly send and receive payments around the world and insures clients’ funds under the Law of the Republic of Lithuania “On Insurance of Deposits and Liabilities to Investors” as of June 20, 2002. The funds are insured in the state enterprise «Indėlių ir investicijų draudimas »(eng .:” Insurance of deposits and investments “), address: Algirdo str. 31, Vilnius, LT-03219.

«AB Šiaulių bankas» does not request any additional documents from the citizens of the CIS when sending and receiving the money. This makes the work with incoming and outgoing payments in the company «Bolmax» comfortable and time efficient. For example, the list of requirements of many large European banks includes the provision of a notarized copy of passport, a receipt for payment of utility services received not later than three months ago, or a certificate of ownership, proof of a place of residence. «AB Šiaulių bankas» enrolls and transfers money to Bolmax clients with the only requirement to provide  the scanned copies of passport and contract

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