from $930

AND Bank Andorra

Personal Account Opening in Andorra

AND Bank Andorra is the oldest firm of private Bankers in Andorra, with over 85 years experience in the sector.

With offices in 11 countries, the bank has 5 core values: the client always comes first, respect for the individual, meritocracy and professionalism, creativity and entrepreneurship, and transparency and honesty.

Online Banking

Credit Card

Debit Card

Pre Paid Card

EUR
1000000

Min. Balance

7-10 days

Processing Time

ORDER FORM

PRE-APPROVAL

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

FACTS & INFO

  • Requirements

    REQUIREMENTS FOR PERSONAL ACCOUNT SET UP WITH AND BANK

    • Personal Presence is not mandatory, but it would be good to meet the bankers since depositing high amounts of money with the bank
    • Minimum balance EUR 1,000,000.
    • Initial deposit of EUR 1,000,000.
    • Account opening time frame. The account will be activated within 7 - 10 business days, upon receipt by the bank of all duly completed forms and relevant information.

    DOCUMENTS REQUIRED

    For each authorized signatory please provide:

    • 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

    PLEASE NOTE:

    • Documents that are not in English must be accompanied by a certified translation.

    SHIPPING COST

    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

    AND Bank Andorra is the oldest firm of private Bankers in Andorra, with over 85 years experience in the sector.

    With offices in 11 countries, the bank has 5 core values: the client always comes first, respect for the individual, meritocracy and professionalism, creativity and entrepreneurship, and transparency and honesty.

  • Facilities

    WHAT AND BANK ANDORRA OFFERS:

    • Full range of banking services.
    • Accounts in various currencies.
    • Wealth planning
    • Financing.
    • E-Banking.
    • Asset management
    • Investment consultancy
    • Credit Business
    • Advise & Support for External Asset Managers
    • Wide net of correspondent banks.
    • Clients may send instructions via email to their private banker for executing payments.
    • The approximate timeframe for account allocation from 7 to 10 business days receipt of the original documents by the bank.

    BANK TARIFFS AND CHARGES

    For Private Banking accounts all fees and commissions are negotiated at account opening depending on the account volume. Usual commissions for Private Banking accounts are as follows:

    • Account maintenance fee – EUR 1,000 per year.
    • Securities Purchase / Sale – from 0.20% of transaction amount to 0.80% of transaction amount, depending on the account volume.
    • Custody fee – from 0.20% of AUM p.a. to 0.90% of AUM p.a., depending on the account volume.
    • Wire transfers – EUR 50 flat irrespective of the transferred amount. “

    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.