Services and Banking in DPR Korea

Example of services sent abroad:

IT engineers and programmers

Restoration of historical sites

Construction personnel

Doctors in traditional medicine

Organization of mass gymnastics

Design and Construction of Monuments, Museums, Assembly Halls and other government buildings.

Banking in DPR Korea

Now foreigners are welcome to open private and company (Corporate) non-Resident Saving Accounts in the banks of DPR Korea.

Advantages:

* Benefits: 5% guaranteed profit per year.

* Tax Heaven (DPR Korea is a tax-free country).

* Accounts operating in EURO or US Dollar.

* No limits of money flow in and out of the country.

* No custom duties or border restrictions.

* International Transfer orders available anytime by fax with authorized signature.

* Withdrawals: Up to 1 million USD in cash in the bank office without appointment, bigger amounts requires 24 hours advice only.

* Banks are members of International SWIFT.

* Correspondent banks in P.R. China and Russian Federation.

* Deposit into your DPRK bank account by international transfer or cash.

Requirements to open a bank account in DPR Korea:

- Visit personally once the bank in Pyongyang through a KFA Delegation.
Delegations available here:
http://www.korea-dpr.com/travel.htm

In the travel subscription form, please specify that you wish to open an account.

(Once the account is opened, you can request DPRK visa directly to the bank anytime needed).

- Original Passport

- Criminal Certificate from your Embassy certifying in english language that you do not have criminal records in your country

- When bringing initial deposit in cash: Letter from your bank certifying that the money belongs to you

- Initial deposit of minimum 5000 US Dollars (there is no maximum limit)

- For companies only (Corporate account): ALL NOTARIZED: Certificate of Incorporation with official address and registration number, Nature of business (description of activities), Seal of the company, Authorized signatures.

Meetings with bank Director and board are available under demand for exclusive customers.

More information:

Mr. Alejandro Cao de Benos
Special Delegate
Government of the DPR of Korea

korea@korea-dpr.com