The cost of opening an account: From 990 USD

General information

Name:Lombard Odier & Cie
Country:

Switzerland

Official site:www.lombardodier.com
Faunded:1 796
History:In 1796, Hentsch & Cie company was founded by Henri Hentsch. In 1800, there was the financing of the Swiss National Bank. In 1907, the company became co-founder of the Swiss National Bank. In 1950, it was a pathbreaker in the development and sale of mutual funds in Europe. In 1979, it became the first European bank to obtain membership in the New York Stock Exchange. Since 2002, there is a formation from Lombard Odier Hentsch & Cie into its current form. In 2002, there was an association of Darier Hentsch & Cie and Lombard Odier & Cie. In January 2004, Hentsch Henchoz & Cie became the Department of Lombard Odier Darier Hentsch & Cie. In January 2012, the name was changed to the present one. To date, the Bank has assets under management in the amount of $ 15.9 billion francs and liabilities reaching 15.4 billion and is the largest bank and quite flexible and mobile to provide personalized services to customers
Employees:The bank has 1,900 employees and consultants. Lombard, Odier & Cie has 24 offices in 17 countries around the world. There is an official representative office in Moscow. There is Russian-speaking staff at offices in Zurich and Geneva
Shareholders:Previously, management of the bank was carried out by the seventh generation of the founding families. On 1 January 2014, the private bank Lombard Odier was transformed into joint-stock company and announced the value of its assets (500 million francs).
Security:Agreement on legal assistance with the Russian Federation was concluded; Agreement on avoidance of double taxation was concluded; AML legislation is strictly observed; Active membership in the OECD, FATF, Basel Commitee, Egmont Group and others.

Account

Terms of opening for admission (days):5
Opening terms for cancellation (days):5
Recommendations:Not required
Description of activity:Detailed
Account type:Personal, corporate
Types of accounts:Savings
Departure to the bank:Meeting with a representative of the bank is required either in Moscow or in Switzerland, or during the visit the bank's representative in Moscow (at least once a month)
Required documents:Standard set of corporate documents, copy of the passport. If it is required to collect additional documents, the term of the account opening may inconsiderably increase
Account opening, probability:Calculated and perceived
Particularities during account opening:Opening an account is possible without entry into the country of the bank

Rating

Rating on loans:AA-

Terms

Balance, minimum:800 000 €
Limit of transfers (per month):No restrictions
An initial fee :800 000 €
Term of contribution (months):3
Annual turnover (minimum):0 €
Transaction speed:Promptness of payment is on the same day, but the operating day ends at different time for different currencies

Services and costs

Cost of translation:The cost of bank transfers executed on the same day is about CHF 20 and is determined depending on the currency
Cost of enrollment:Transfer of funds to the account is free of charge
Cost of account maintenance:Servicing the account is connected to the amount of funds on the account, and is calculated as a percentage of the amount under management: for amounts up to 1 000 000 CHF the fee is approximately 0.4% (but not less than 2000 CHF), for the amount from 1 000 000 to 2 500 000 - about 0.375%. For increasing amounts the fee decreases regressively
Credit card restrictions:Payment limit on credit card is not set by the bank, but maximum amount of withdrawals via ATM is 1 000 CHF
Insurance for credit cards:Insurance coverage to be blocked on the account for the purposes of securing spendings on credit cards is set by the bank card provider. For example, for payment limit of 10 000 CHF per month it will be necessary to block security deposit of 20,000 CHF.
Access to the account:Account management system via Internet, through e-services
Bank services:Specialization of the bank is a full range of management services for the client’s capital
Bank cards:Cards of all payment systems are available: standard VISA and MasterCard, Gold, Platinum, Black American Express, Miles & More. Cost of maintenance is established by the provider of bank cards
Cost of extracts storing:The fee for storage of statements is included in the cost of banking maintenance
Download Tariffs:

Private Clients Discretionary and Advisory Accounts Lombard Odier & Cie

Chose bank, where you would like to open an account and press "Order"Введите свой номер телефона и ожидайте входящего звонка по указанному Вами номеру,
our Lawyer will contact you and provide answers on all your questions Chose bank, where you would like to open an account and press "Order", our Lawyer will contact you and provide answers on all your questions.
Select Bank's name sort descending Price of account opening Terms of account opening (days) Established World Ranking
AP Anlage & Privatbank AG 890 USD 2 1995 0
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Banque Heritage SA 790 USD 10 1993 4038
Banque Privee Edmond de Rothschild SA 990 USD 15 1953 818
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BCGE - Banque Cantonale de Geneve 990 USD 10 1934 2902
BCGE - Banque Cantonale de Geneve 990 USD 10 1934 2902
BNP Paribas (Suisse) SA 990 USD 1 1872 456
BSI SA 990 USD 10 1873 483
CBH Compagnie Bancaire Helvetique SA 790 USD 14 1975 3296
CIM Banque SA 590 USD 10 1990 4637
Coutts & Co Ltd 990 USD 5 1692 694
Credit Agricole (Suisse) SA 990 USD 15 2005 595
Credit Agricole (Suisse) SA 990 USD 15 2005 595
Credit Suisse AG 890 USD 15 1856 28
Credit Suisse AG 890 USD 15 1856 28
Dukascopy Bank SA 450 USD 7 1998
Dukascopy Bank SA 450 USD 7 1998
Falcon Private Bank AG 790 USD 7 1965 2470
Falcon Private Bank AG 790 USD 7 1965 2470
HSBC Private Bank (Suisse) SA 990 USD 10 1988 263
Lombard Odier & Cie 990 USD 5 1796 0
Pictet & Cie 990 USD 7 1805 0
UBS AG 990 USD 20 1912 19
Union Bancaire Privee, UBP SA 990 USD 10 1969 697
VP Bank (Schweiz) AG 790 USD 10 1998 0
VP Bank (Schweiz) AG 790 USD 10 1998 0