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Personal Bank Accounts

It is much easier to open a personal bank account abroad compared to company accounts, but you should always consider all the consequences carefully (especially if you are an EU resident). When you open a personal bank account, your account name will automatically be your personal name and it will appear in all banking transactions. Many countries forbid its citizens to open bank accounts abroad or one has to at least notify local authorities that he/she has a personal bank account abroad. For many reasons, it is usually recommended to open a company rather than personal bank accounts abroad.

Instead of presenting a list of available banks/countries, we have decided to gather basic information about you prior to offering you a suitable bank(s). Our recommendation will be based on the information received from you.

Kindly let us know the following details:
  • your nationality
  • your current tax residency
  • preferred type of account (current, deposit or investment account)
  • preferred currency (US$, EUR, GBP, CHF or other)
  • preferred account management (phone, fax or internet banking)
  • acceptable maximum opening deposit

Bank accounts can be opened by mail or in person. Every bank will require your passport copy (in most cases affixed with an Apostille), recent utility bill and bank reference from your current bank. Also, it is quite common that banks ask about the source of your funds nowadays.

If you are able to deposit at least US$100,000 or the equivalent in EUR, CHF or GBP, we can offer you first class banking services in Austria, Luxembourg and Switzerland.
You will be assigned your personal banker and you will have access to many interesting services that are available to a private banking clientele only.
Bank accounts

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