Russian
English
Important notice: Law&Trust no longer work in Russia. Transfer of operational control over Law&Trust in Russia to local management and the formation of the LegalCraft brand was started in 2022 and came into effect in October 2024.
How to open a bank account in Andorra?
We cooperate with four banks of Andorra: MoraBanc, Andbank, Credit Andorra SA and Banca Privada d'Andorra. Each of them has a high degree of secrecy, preserving complete anonymity of clients, if necessary. The banks of Andorra are considered to be among the most reliable in the world in terms of solvency and liquidity. In order to open personal account, it is not necessary to visit the country.
Attitude towards clients from Russia and other CIS countries
Banking services are rendered to individuals and legal entities without taking into account their geographical location abroad. Andorran banks are loyal to the citizens of Russia and do not impose additional requirements for collection and filing of documents.
All four banks of Andorra have Russian-speaking personnel, and the foregoing fact significantly simplifies the provision of services in case of personal arrival in the country. However, opening the account does not always require your presence.
Individuals should provide passport and certificate confirming the address of residence (registration). In certain cases, it is necessary to confirm the legality of acquiring funds that you plan to contribute on the account, and provide the recommendation from any Russian bank, the services of which you used.
Commercial companies collect standard package of documents and provide additional information about the account manager (internal passport, international passport, recommendation from the bank).
Features of keeping the funds
It is allowed to open personal (private) and corporate accounts (deposit, investments) in any currency in Andorra. Issues regarding regulation of opening account in Andorra are resolved through phone calls or during personal conversation with our lawyer.
