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LGT Bank (Austria) Ltd

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Cost of account opening
от 590 EUR
Open an account

General information

Name
LGT Bank (Austria) Ltd
Country

Austria

Official web-site
www.lgt.com
Bank history
The bank was established in Liechtenstein in November 1920. After almost a century of successful work LGT has opened representative office in Austria in 2004, and in 2007 it established LGT Bank (Osterreich) AG with a full banking license. In September 2012, the Bank was reformed from subsidiary bank into full-fledged branch of LGT Bank in Liechtenstein Ltd in Austria, and nowadays it efficiently operates.
World rating
601
Country Rating
1
Founding date
2007

Account Opening Terms

Recommendations
Not required
Description of activity
Detailed
Account type
Savings
Accounts types
Personal; Corporate; Savings
Required documents
Copy of the passport. For legal entities - standard set of documents, depending on the jurisdiction of the country
Transaction speed
Value date is in 2 days after conducting transaction. Urgent transfer is carried out on the same day (if the request was submitted before cut off time (14:00)). Normal delivery + 2 days. Surcharge for urgent transfer will be charged. EUR - 15.30, USD - 16
Minimum balance
300000
Limit of transfers (per month)
3
Initial founding fee
150000
Account opening nuances
Opening an account is possible without entering the country of the bank; Opening an account is possible without necessity to visit a professional introducer
Account opening, possibility
Calculated and perceived

Cost and nuances of account maintenance

Translation cost
Transfer fee (personal account) is 100 EUR per transaction. Corporate Account: For amounts less than 100 000 EUR - 100 EUR per transaction; for amounts less than one million EUR - 500 EUR per transaction; for amounts less than 5 million EUR - 750 EUR per transaction; for the sum of more than 5 000 000 - 1 500 EUR per transaction
Enrollment fees
Crediting payments is free of charge
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