Poland

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Poland

Location: Central Europe

Capital: Warsaw

Population (2017): 38,433,600

Status: one of the founding members of the United Nations and the Council of the Baltic Sea States; joined NATO in 1999; member of the European Union since 2004; and member of many other international organizations.

Currency: Polish Zloty (PLN)

Official languages: Polish

Deposit guarantee: 100 000 EUR

Did you know?

In 2017 Poland was ranked the 1st most attractive FDI (Foreign Direct Investment) destination in CEE by the EY’s European Attractiveness Survey.

The most famous astronomer Nicolaus Copernicus was Polish.

The Polish Constitution adopted on 3rf of May 1791 was the first Europe’s fundamental law and the second in the world, after the American Constitution of 1787.

Poland has the second oldest University in Europe, founded by King Casimir II the Great in 1364, while the first one was created in Prague in 1348.

The Jagiellonian Dynasty possessed one of the biggest fortunes in the world, that were more impressive than rulers in Venice or Rome had.

Poland it is now the largest economy in Central and Eastern Europe and the 9th largest by number of population.
It has developed to be and one of the most dynamic economies in Europe and one of the most stable and prosperous of the post-communist countries.
The global economic crisis has not harmed Poland, which is the only country in Europe to have avoided a recession, and additionally has developed at the highest rate on the continent.
Poland is one of the most attractive locations for foreign investments, most especially the Americans. International companies are drawn to Poland due to the country’s large and very educated population, competitive workforce, advantageous location that means access to 500 million consumers.
The most attractive sectors are: machine building, electronics, transportation, food products, pharmaceuticals, chemicals, information technology hardware and software, textiles, service centers, call centers and business processing centers.
Polish banking sector is dominated by foreign-controlled banks, with the presence of domestic commercial banks. The banks provide a different range of banking and financial services, from current account services, e-banking, insurance, to mortgage services and investment funds, financial advisory and brokerage services.

Key features

Multicurrency bank accounts

Online banking in English

No minimum balance required

Remotely account opening, some banks will require personal visit

VISA and MasterCard debit cards available

Low maintenance fees

International transfers

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