Andbank

General information

Name

Andorra

Country

Andorra

Official web-site

http://www.andbank.com

Bank history

Andbank established in Andorra in 1930 is the oldest private bankers' firm in Andorra. It belongs to the private ownership of the third generation of Cerqueda family and Ribas family and is managed by the group of independent specialists; it has a network of more than 16 offices on three continents. The powerful banking family of Alexander in the 1900s helped create the bank with a large number of their assets and a significant level of political influence in the region.

Founding date

1930

Account Opening Terms

Recommendations

Not required

Description of activity

Comprehensive and detailed

Account type

Personal accounts: investment / savings accounts

Minimal turnover

1000000

Required documents

For natural person the following are required: (1) passport, (2) proof of the address of residence. For companies standard package of constituent documents in copies is required.

Account opening nuances

It makes sense to open an account starting from the amonunt of 1 million euros. The Bank does not recommend clients to work with structures from "island" jurisdictions (Panama, Belize, BVI, Seychelles, etc.).

Account opening, possibility

Calculated and perceived