Bank Lviv

Bank Lviv operates as a financial institution with a focus on FATCA compliance and correspondent banking due diligence. The bank serves as a reporting financial institution under a Model 1 Intergovernmental Agreement (IGA), ensuring adherence to international tax compliance standards. It provides services related to the Global Intermediary Identification Number (GIIN) and engages in comprehensive due diligence processes as outlined by the Wolfsberg Group's Correspondent Banking Due Diligence Questionnaire (CBDDQ). Bank Lviv's business model revolves around offering specialized financial services to other financial institutions, facilitating international banking operations while maintaining regulatory compliance. The bank generates revenue through service fees associated with its compliance and due diligence offerings.

Keywords: FATCA, compliance, banking, due diligence, financial institution, GIIN, IGA, correspondent banking, regulatory, services.