Meaning Shell bank
What does Shell bank mean? Here you find 2 meanings of the word Shell bank. You can also add a definition of Shell bank yourself

1

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Shell bank


Bank that exists on paper only and that has no physical presence in the country where it is incorporated or licensed, and which is unaffiliated with a regulated financial services group that is subjec [..]
Source: acams.org

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Shell bank


Shell bank means a bank that has no physical presence in the country in which it is incorporated and licensed, and which is unaffiliated with a regulated financial group that is subject to effective c [..]
Source: fatf-gafi.org





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