17.07.2018

Information regarding the changes of the clients identification method

We would like to inform you that as of 07.07.2018, by entering into force of the new Law on Prevention of Money Laundering and Financing of Terrorism, due to which the following changes in the operations of Stopanska Banka AD - Skopje have been introduced:

- Pursuant to the provisions of the aforementioned Law, a requirement for mandatory identification of "Public Information Officer" has been established, therefore all existing and future Bank clients are obliged to fill in an application regarding whether they are Holders of Public Function or are persons connected with Holders of Public Function (Politically exposed persons), after which the Bank, on the basis of an appropriate risk assessment, decides on the approval / extension of the business relationship with that client.

- A mandatory identification and registration of all individuals or legal entities that want to make / fulfill any transaction / service from the Bank has been established. Identification and verification are carried out by attaching the appropriate documentation issued by a competent authority (valid identity card / passport for individuals, current status not older than 3 months for legal entities), however, the registration of new clients is done with a completed Application for registration / updating a client (individual and legal entity) which is available on the website.

- A mandatory identification and verification of the "real owner" of the legal entity has been established as a mandatory prerequisite without which, the Bank cannot establish / continue the business relationship.

For more information, please contact our branches or the Contact Center.

Stopanska Banka AD - Skopje

On your side