from $1,000

Union Bank

Corporate Account Opening in Liechtenstein

International corporate bank account with e-banking facilities in Liechtenstein with Union Bank - a private bank with an exclusive focus on clients from Russia and other CIS countries for international banking services.

Online Banking

Credit Card

Debit Card

Pre Paid Card


Min. Balance

7-10 days

Processing Time



Find Out if you are Pre-Approved

The information you provide will allow us to obtain approval for your account as quickly as possible. Please proceed to the buying process and you will get the Pre-Approval Form Application in your Purchases. Please answer each question fully and in detail. Your application may be delayed if the form is incomplete.
TOTAL: $100


  • Requirements


    • Personal presence for account opening is not required; however it is necessary to meet the banker after account opening in Liechtenstein, Vienna or Moscow. If held in Liechtenstein, the meeting will need to be arranged within 6 months of account opening and within 3 months if arranged in Vienna or Moscow.
    • No initial deposit requirements, however it is advisable to deposit USD 480 as annual account maintenance fee. There is also an offshore fee of CHF 3600 for all domiciliary companies.
    • No minimum balance requirements. The amount will depend on the overall business case and potential for future development. This will be assessed and reviewed on a case by case basis, however all legal entities should have an annual turnover of a minimum EUR 7 mio.
    • Account opening timeframe. The account will be activated within 7 - 10 business days, upon receipt by the bank of all duly completed forms and relevant information.


    For the Company:

    A set of legalized company documents consisting of:

    • Certificate of Incorporation
    • Memorandum and Articles of Associations
    • Documents confirming the appointment of company directors and secretary (if any)
    • Document confirming the location of the registered office
    • Share Certificate(s)
    • Certificate of Good Standing if the company is more than 12 months old
    • Copy of the Corporate Structure, identifying the ultimate beneficial owner(s)
    • Valid License (if applicable)

    For each director, shareholder, secretary, authorised signatory and ultimate beneficial owner:

    • Notarized copy of valid passport. The passport must be signed and signature must match the signature in the application form. The photograph must be clear and of good quality.
    • Original or notarized copy of utility bill / bank statement dated within 3 months as verification of residential address.
    • Original or notarized copy of Banker's reference letter, dated within 3 months
    • Power of Attorney (where applicable)
    • Personal CV

    For each corporate officer (Where the company directors or shareholders are legal entities), please provide:

    A set of legalized company documents consisting of:

    • Copy of constitutional documents (Certificate of Incorporation, Articles, etc.).
    • Copy of Corporate Register (which shall include Register of Shareholders, Directors and Secretary).
    • Copy of the Corporate Structure.
    • Certificate of Good Standing.


    • Documents that are not in English must be accompanied by a certified translation.
    • Once all documentation is available please email electronic copies to our representative for review; incomplete or unexecuted forms can create delays in the account opening process.


    If you conduct any activity without required license or authorization granted by a relevant authority in any jurisdiction, STARTING BUSINESS will not be able to assist you with the company formation or bank account opening related to such unlicensed activity.

    Licensable activities include, but not limited to: provision of financial services involving trading/brokerage in foreign exchange, financial and commodity-based derivative instruments and other securities; offering investment advice to public; insurance and banking business; operation and administration of collective investment schemes and mutual funds; payment processing services; money exchange, money transmission or money brokering; asset management; safe custody services; gaming, gambling and lotteries.

    Please contact us if you need our assistance in licensing of your financial, Forex brokerage or gambling company.


    Shipping of corporate documents or banking kits to your destination requires an extra charge and will be automatically added to your order during checkout. Shipping costs for international courier services are set automatically depending on geographic zones.

  • About the Bank

    A fully discretionary Liechtenstein Family Foundation purchased a Liechtenstein based bank in July 2013 and renamed and rebranded it to Union Bank AG. The newly hired management and staff refocused the banks activities towards corporate and private banking services for CEE and CIS based clients.

    Union Bank is based in Liechtenstein, well-known for his financial stability (AAA rating) and its business friendly regulatory environment. The bank's staff is local and international, highly acquainted with Eastern European clients and has a deep understanding of the Bank target markets.

    The combination of solid expertise in corporate banking and wealth management allows Union Bank to position itself as a premier Family Office for Entrepreneurs - with a bank licence.

    Union Bank - a reliable partner for entrepreneurs and wealthy persons and families.

    KPIs as of August 2014:

    • AuM:CHF 330 mio
    • Assets: CHF 30 mio
    • Equity: CHF 16 mio

  • Facilities


    Private Banking and Wealth Management – Products and Services:

    • Accounts for private persons in various currencies. USD accounts are not available.
    • Various credit, debit and prepaid cards (Visa and MasterCard)
    • E-Banking including Payments
    • SWIFT confirmations available on demand
    • Accelerated payments in case of urgency
    • Placement of fiduciary deposits at third party banks
    • Lombard loans
    • Depository of shares, bonds and structured products
    • Metal accounts
    • Trading facilities for international securities
    • Investment advisory services
    • Discretionary asset management

    Corporate Banking – Products and Services:

    • Accounts for legal entities in various currencies. USD accounts are not available.
    • Transactional accounts for commercial activities
    • SWIFT confirmations available on demand
    • Accelerated payments in case of urgency
    • Credit facilities on request
    • Advisory services


    • Customer support in German, English, Russian
    • 24 hour multi-lingual customer service center.
    • Secure online banking with digipass.
    • Visa or MasterCard debit cards
    • The approximate timeframe for account allocation from 7 to 10 business days receipt of the original documents by the bank.


    Union Bank can be considered as a medium-cost bank with respect to incoming/outgoing payments and account maintenance. Incoming payments are free of charge. Depending on the type of account, outgoing payments will vary from CHF 0.50 – CHF 30 and the account maintenance fee will vary from CHF 0-CHF 40 per month.

    PLEASE NOTE that bank tariffs may be changed anytime at the sole discretion of the bank, we therefore suggest to contact us or visit the bank’s website for updated details on specific fees and charges.

    STARTING BUSINESS professional service fee for the assistance of bank account opening does not include any bank charges and commissions, account maintenance fees, transaction fees, initial deposit or minimum balance.