Financial Services

Open a Bank Account in Liechtenstein

Local Bank in Vaduz

Year of foundation: 1861

Headquarters: Vaduz

Offices: Abu Dhabi, Dubai, Geneva, Vienna, Zurich

Rating: AAA (country rating)

Tier 1 Ratio: 20.8%

AuM: CHF 88.3bn (31.12.2021)

Staff: 1,048 (31.12.2021)

Strengths

• Liechtenstein’s second largest bank

• The bank provides an A-class service, far above most Swiss banks

• Among the highest rated banks in the world (AAA)

• Majority-owned by the Principality of Liechtenstein

• Very low forex spreads (see below)

Weaknesses

• Modest-sized player in a competitive segment

• Online banking not intuitive to use

Services and Fees

Yearly account fee: CHF 1,200 (private account) | CHF 1,800 (corporate account)

Hold mail fee: CHF 720 p.a.

Online payments: Available

Payments

CHF 30 (Switzerland)

CHF 40 (international)

Payment over CHF 50,000: 0.15% of outgoing payment amount (but max. CHF 1,000)

Brokerage / Custody

Bond trade (over $500,000): 0.22% per trade

Equity trade (over $500,000): 0.32% per trade

Custody: 0.13% p.a.

All-in fee: 0.30% p.a.

FX Spreads

Under CHF 100,000: 0.30%

CHF 100,000-250,000: 0.20%

CHF 250,000-500,000: 0.09%

CHF 500,000-3m: 0.07%

Over CHF 3m: 0.03%

Lending

Lombard lending: Standard LTV ratios

Residential real estate: Switzerland, Liechtenstein