Opening an account in Edmond de Rothschild bank (Monaco)
- Price:2500 eur
- Term:from 2 months
Edmond de Rothschild Monaco is one of the 33 offices of the Edmond de Rothschild Group, which has been involved in finance and wealth for over 250 years and is present in 13 countries. The bank is 100% owned by the Rothschild family.
In Monaco, the bank specializes in personal banking, asset, fund and wealth management, family wealth management, heritage and investment. The main slogan of the bank is “bold builders of the future”.
In terms of assets, Edmond de Rothschild ranks 8th among commercial banks in the country.
- Visa Premium and Infinite payment cards are available;
- more than 40 investment and wealth consultants work in the bank;
- all bank accounts are multicurrency;
- member of the European Deposit Guarantee Program;
- international transfers SWIFT and SEPA (there are restrictions);
- multilingual staff, incl. speaks English and Russian;
- high liquidity and security of assets;
- a mandatory procedure for confirming wealth and origin of funds;
- life insurance services;
- accounts for the purchase of local real estate and the issuance of certificates for them.
Edmond de Rothschild in Monaco is aimed at private clients of different nationalities and international companies interested in investment. The main clients are the super rich and family groups.
Investment and savings accounts. Checking accounts are not available.
Edmond de Rothschild provides its clients with the opportunity to open an account remotely, but after its activation, a meeting with a bank representative is required. The place and country of the meeting is negotiated individually.
Please note that according to international account opening standards, each financial institution is required to adhere to the KYC procedure, therefore, the bank will require documents and data confirming identity, business and wealth for identification. Also, a financial institution may, based on its internal rules, refuse to cooperate without giving reasons.
In order to avoid such negative consequences, contact specialized lawyers for preliminary advice on opening foreign accounts, and we will tell you all the nuances of how to open an account with the bank of Monaco - Edmond de Rothschild.