The address ultimately benefiting from a financial flow – usually related to the income from a security – (final beneficiary), and not necessarily the customer for whom the bank holds this security (the address entitled to the benefits of ownership even though another party such as a broker or bank, the nominal owner, actually has possession and title to the security).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/