Bank account opening assistance in Liechtenstein

Opening a bank account in Liechtenstein gives very strong banking secrecy. On the other hand, the local banks’ services are expensive, while minimum currents accounts balances or deposit balances should be maintained.
Liechtenstein is a tiny principality, with only 35,000 residents. It is a tight community-the capital is Vaduz, and it accommodates about one-seventh of the country’s residents. Apart from Vaduz, there are only two other cities, Schaan and Balzers, while the rest of the population is settled in picturesque villages. The 160 square kilometres are occupied by settlements, and the remaining space is filled with picturesque alpine meadows with thick vineyards, snow-covered mountains, and an amazing variety of more than 500 species of flowers and herbs.

People in Liechtenstein consider environmental conservation as one of the main focuses, and they make sure everything is neat and tidy within their country. Respect to nature is indeed reflected even in the principality’s treatment of banking: strictly supervised against any trace of a lack of integrity. Opening a deposit or current account in Liechtenstein is a secure option because this country has stringently protected bank deposits and data privacy.

Banks in Liechtenstein

Bank Alpinum, established by Swiss and German investors, features a team that includes high qualified professionals.

Union Bank, situated in Vaduz, primarily focuses on serving high-net-worth private clients and offers asset management services. It boasts a multilingual staff proficient in English, and German.

Bendura Bank, with over two decades in the financial market, operates as a subsidiary of a Hong Kong-based luxury goods conglomerate.

Benefits of Liechtenstein’s Banking Services:

• Rigorous adherence to banking confidentiality.
• Streamlined account opening process.
• Convenient remote account access.
• A welcoming approach to international investors.

Opening an Account in Liechtenstein for Non-Residents

Non-residents can open accounts in various banks in Liechtenstein. While the initial documentation can be submitted via email, a personal visit is necessary to sign the final contract.

Liechtenstein banks are appealing for businesspeople due to their comprehensive service offerings. Additionally:

• They are experienced in dealing with legal entities and affluent private clients.
• They maintain strict confidentiality about client information, with disclosure being a criminal offence.
• They adhere to “professional secrecy,” meaning banking employees cannot be called as witnesses in legal proceedings.

Guidelines for Opening an Account in Liechtenstein

The process generally follows these criteria:

• Account Opening Duration: This varies by bank, but typically the minimum duration is about one month.
• Requirement for Personal Visit: Increasingly, banks in the Principality are offering remote account opening options.
• Minimum Account Balance: This also varies, but typically no less than 5000 units of the account’s currency.

To open an account, the required documents may vary, but commonly include:

• A notarized copy of the international passport of the shareholder(s) and director(s).
• Proof of residence for the shareholder(s) and director(s).
• The company’s legal documents.
• Partnership agreements.

Each bank will provide a precise and complete list of required documents.

Should you desire to establish a corporate bank account in Liechtenstein, our team at Regulated United Europe is ready and eager to support you. With an eight-year track record of aiding clients in setting up bank accounts across Europe, we leverage our extensive network of reliable partners in the European financial sector. This enables us to present the most appropriate and economically efficient options, enhancing the operational efficiency of the businesses we work with.

Opening an account in a Liechtenstein bank

Liechtenstein is a country with a good level of confidentiality in the financial sector. Local banks have relatively expensive services, and requirements for minimum balances on current accounts or when placing funds on deposit should also be met.

Liechtenstein is a small principality with about 35,000 inhabitants. A seventh of the population of the country lives in the capital, which is the city of Vaduz. Besides him, there are only two cities in Liechtenstein – Shan and Balzers, the rest of the inhabitants live in villages. The country is located on 160 square kilometers, and settlements occupy only a fourth part. The rest of the territory is a beautiful alpine meadow, green vineyards, snow–capped mountains, and more than 500 kinds of all kinds of flowers and herbs.

The locals are very sensitive about nature and, therefore, cleanliness and order are always in this country and everywhere. Liechtenstein is also closely monitoring the purity of the banking system. In the country, you can open a savings or settlement account and not worry about its safety – the principality has a high level of protection of bank deposits and data.

Advantages of Banking Services in Liechtenstein

• Strict observance of bank secrecy
• Simple registration procedure
• Remote access to accounts
• Loyal attitude to foreign investors

How to Open an Account for a Non-resident

Foreign citizens can open an account in several Liechtenstein banks. The package of documents can be sent by e-mail, but a personal presence in the bank is required to sign the contract.

Liechtenstein Bank Account: Benefits

Opening accounts in a Liechtenstein bank is a dream for many businessmen. Practice shows that the institutions of this Principality offer their clients the widest range of services. Besides, they have great experience working with legal entities and private clients with substantial means. Work in this bank involves strict preservation of information on the client, disclosure of which is a criminal offence.There is also such a thing as “professional secrecy”, that is, employees of the banking sector cannot be involved as witnesses in court proceedings.

How to Open an Account in Liechtenstein

As a rule, opening an account in a Liechtenstein bank is carried out under the following conditions:

• The following are only some of the most essential ones: Terms of opening an account. They differ and are individual for each bank; in most cases, it is at least 1 month.
• The need for a personal visit. More and more financial institutions of the Principality allow remote account registration.
• Minimum account balance. It varies and depends on the bank, but the amount less than 5000 units of the currency in which the account was opened is not found.

To open an account in Liechtenstein, you may need different documents; a complete and accurate list can only be indicated in a specifically selected bank.

Often required:

• International passport.
• A notarized copy of the shareholder(s) and director(s).
• Confirmation of the residence address of the shareholder(s) and the director(s).
• The statutory documents of the company.
• Agreements with the partners.

In order to get a sense of the conditions on which a non-resident will be opened in Liechtenstein, here are some examples of large local banks:

Thus, if you decide to open an account in Liechtenstein, the choice of bank should be based, first of all, on the following:

• Experience of the institution and its reputation;
• Necessity for a personal visit;
• Minimum balance size;
• Minimum account validity period;
• Terms of account management — availability of online banking, loyalty programs, etc.

There are a lot of peculiarities, so cooperation with local institutions requires experience and enough information about how the banking sector works.

Is it possible to organize the prompt opening of an account in a Liechtenstein bank?

If you need to open an account with a Liechtenstein bank, Inclusion Limited is ready to help. Our staff includes specialists who know the financial market of the Principality and have extensive experience. We offer to discuss your project and arrange the opening of an account at any convenient time.

Liechtenstein Banks

Bendura Bank (Valartis Bank Liechtenstein AG)
Bendura Bank AG (formerly Valartis Bank AG) is one of the largest banks in Liechtenstein, which started operating in 1998. Today, he manages assets that exceed 1.5 billion francs. Bendura Bank’s consultants speak several languages, including English, German and Russian, which simplifies communication with foreign clients. The Bank is notable for its highly professional specialists, continuous improvement of the quality of services provided and expansion of the list of banking products.

Bank Frick Liechtenstein
Bank Frick is based in Liechtenstein, the main office of the institution is located in Balzers. The bank was opened in 1998 and has a branch in the UK. It provides services to legal entities, including representatives of family businesses, pension funds, financial companies. If you plan to conduct legal activities in Europe, Frick AG will be a reliable way to save and manage funds.

Neue Bank AG Liechtenstein
Neue Bank AG was founded in 1992, in Vaduz, the capital of Liechtenstein. This is a small private financial institution, whose activities are focused on cooperation with corporate clients.

Liechtenstein bank account minimum balance size

Liechtenstein, as one of the smallest countries in the world, has prestige and credibility with regard to banking transactions due to its high level of confidentiality, stability in the economic environment, and favorable tax conditions. A number of foreign investors and individuals who wish to create bank accounts in Liechtenstein do so partly for reasons based on the minimum balance policy, which may greatly differ in each bank and according to the type of account.

Key aspects of the minimum balance

• Minimum balance: The minimum balance of the account may vary from several thousand to hundreds of thousands of Swiss francs (or any other currency) in Liechtenstein. This also depends on the bank and type of account: personal accounts, corporate accounts, investment accounts, etc.
• Implied for services: The minimum account balance will affect the access to other banking services such as asset management, investment programs, and the private banking service. In general, the higher the minimum balance, the more exclusive services can be provided to the client.
• Charges and fees: If there is not enough balance in the account, then certain charges for maintaining accounts would be levied. One must know in advance from the bank as to what was the requirement of balance and penalties for not maintaining the same.

Determination of Minimum Balance

Opening a bank account in Liechtenstein is a serious decision that should be deeply considered and well-planned in advance. It is not only one of the conditions for maintaining an account, but it is also an important part of access to high-class banking services. Investors and businessmen alike have to consider these requirements when choosing a bank in Liechtenstein so their financial and business objectives could be maximized.

Business bank account in Liechtenstein

Opening a corporate bank account in Liechtenstein offers a strategic approach for international companies to comfortably optimize their financial operations and access the opportunities of the local and international banking segment. In this article, we look at the key steps in opening a corporate bank account in Liechtenstein and the benefits this provides to your business.

Opening a Corporate Bank Account in Liechtenstein

• Financial privacy: Because of its high degree of financial privacy, Liechtenstein protects the private information of its clients and the confidentiality of their financial transactions.
• Stability and Reliability: The banks are known to be stable and very reliable. It offers the clients a very high degree of protection and safety of their money.
• Broad specter of services: The banks in Liechtenstein offer a broad range of financial services such as asset management, lending, trading, and international banking.
• Tax Benefits: Because of the very favorable tax climate, Liechtenstein is a very popular destination to open a corporate bank account for international businesses.

Opening Steps for a Corporate Bank Account in Liechtenstein

Opening a corporate bank account in Liechtenstein provides companies with the opportunity to receive the highly developed level of services and tax advantages of this small country. When choosing a bank, pay attention to the bank’s reputation, terms of service, and services provided in order to make the best choice for your business.

Personal bank account in Liechtenstein

Opening a personal bank account in Liechtenstein is one of the most important steps a person can make toward financial stability, privacy, and the benefits available through international banking. In this paper, we will examine the advantages of opening a personal bank account in Liechtenstein and review key steps in the process.

Advantages of Opening a Personal Bank Account in Liechtenstein

• Financial Privacy: The financial privacy of Liechtenstein is considered to be one of the most prominent in the world; it means the personal information and financial transactions of every client are duly protected.
• Stability and Reliability: Liechtenstein banks represent stability and reliability, and it would breed confidence in the mind of any client about the safety of their funds.
• Flexible Financial Solutions: A wide range of financial products offered by banks in Liechtenstein includes debit and credit cards, deposits, and investment options.
• Access to International Markets: Opening a personal bank account in Liechtenstein gives access to international banking services and investment opportunities.

Steps to Open a Personal Bank Account in Liechtenstein

Opening a personal account in the banks of Liechtenstein means that the client receives high-quality banking services with guaranteed financial stability and privacy. If you need to choose a bank, pay attention not only to the reputation but also to the terms of service and services provided.

If you wish to open a business bank account in Liechtenstein, our team here at Regulated United Europe will be delighted to assist you. We have eight years of experience in helping clients to open bank accounts in Europe. We tap into our vast network of trusted partners in the European financial services industry to offer the most suitable and cost-effective solutions that improve the functioning of the businesses we serve.

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