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Opening an account in Bank Austria
- the status of the jurisdiction and the high rating of the banking system;
- deposits and contributions are reliably protected by guarantee programs
- non-disclosure of bank secrecy (only by court order);
- Austrian banks form individual tariffs for each client;
- services of personal managers for account management and other operations
- premium banking services;
- it is possible for a non-resident of Austria to open an account in an Austrian bank;
- in most banks there is no commission for opening an account, but high service fees.
Opening an account in an Austrian bank often requires a personal acquaintance of the bank with the client. Therefore, a financial institution may request a personal visit of the client to the head office in Austria. In individual cases, it is possible to arrange a meeting with a banker on the territory of Ukraine.
Also, when opening an account in Austria, you need to know that in most banks, operating activities on accounts are limited, limits on settlement transactions apply. Therefore, a bank account in Austria should only be considered for investment and savings purposes. Austrian banks are aimed at clients who are ready to invest from 500 000 EUR. To assess all risks and investment potentials, banks offer personal consultations and investment recommendations.
In order to choose the right bank in Austria for a non-resident, prepare all the necessary documents, and successfully complete the compliance procedures, we recommend enlisting the help of lawyers.
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