Generally, the establishment of an account in a non-domestic currency with a bank in the domestic currency area. – In particular, the maintenance of such an account by a resident person. The latter is currently prohibited by the authorities in more than half of all countries in the world. – See tendering obligation, export premium, exposure quota, foreign exchange cover, foreign exchange allowance procedure, foreign exchange offense, foreign exchange allocation confirmation, parallelism requirement.
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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/