The cost of opening an account: From 790 EUR
The cost of opening an account:
From 790 EUR

General information

Name
VP Bank (Schweiz) AG
Country

Switzerland

Official site
www.vpbank.ch
Faunded
1 998
History
VP Bank was founded in 1956 in Liechtenstein. In 1998, the Bank opened its branches in Switzerland and Luxembourg. It is the third largest bank in Liechtenstein. The main activity of the Bank is aimed at VIP-servicing of wealthy clients, offering them a wide range of banking services with the maximum level of confidentiality.
Employees
The Bank employs more than 750 persons in eight offices around the world. In addition, VP Bank has Russian Desk with a significant number of Russian-speaking employees. Other languages of communication in the Bank are: English, German, French, Italian
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.
Presentation

Account

Сроки открытия для зачисления (дней):
3-4 days
Terms of opening for admission (days):
10
Сроки открытия для списания (дней):
3-4 days
Opening terms for cancellation (days):
10
Recommendations:
Требуется
Description of activity:
Detailed
Account type:
Savings
Types of accounts:
Personal; Corporate; Savings
Departure to the bank:
It is not required, it is necessary to meet with a representative of the Bank in Zurich (the Bank sends an invitation) or in Moscow within six months from the time the account is opened. In addition, there is always the opportunity to communicate with the
Required documents:
Passport, bank forms. For legal entities additionally: notarized documents of the company with apostille (extract from the trade register, charter, list of directors with specimen signatures, as well as other documents depending on the jurisdiction of the company)
Account opening, probability:
Calculated and perceived
Particularities during account opening:
Opening an account is possible without entering the country of the bank; Opening an account is possible without meeting with the banker

Rating

The head bank in the country:
3
Головного банка в мире:
978
Rating on loans:
A-

Terms

Balance, minimum:
410000 €
Limit of transfers (per month):
10
An initial fee :
50000 €
Term of contribution (months):
1
Annual turnover (minimum):
0 €
Transaction speed:
On the same day. If the currency of payment is not in euros, francs and dollars - plus three days

Services and costs

Cost of translation:
8 CHF if the transfer is made via Internet bank and 20 CHF if through the operator. Plus fees of correspondent banks
Cost of enrollment:
The Bank does not charge a fee for incoming payments
Cost of account maintenance:
Main account maintenance, for example in EUR - free of charge. Maintenance of each additional sub-account, for example in USD, amounts to 60 CHF per year and is credited from the client's account quarterly (ie 15 francs per quarter)
Credit card restrictions:
Minimum monthly limit for credit cards can be any, but not less than 10 000 CHF. The client can spend this amount during the day by making purchases or extending for a whole month. However, the Issuing Bank sets a limit on the withdrawal amount
Insurance for credit cards:
The amount exceeding double monthly limit of the card should be always maintained on the account, that is, for payment limit of 10 000 CHF, the amount of 20 000 CHF will be blocked in the account, as well as funds that are supposed to be spent
Access to the account:
Account management is carried out online through the program that is provided to the client on the installation disc or available on the Bank's official website. To ensure the security of payments, three-level access protection is used, including Digipass device with an individual coding card that generates access passwords
Bank services:
Current accounts, deposits, loans, credit line, financial banking products
Bank cards:
Visa, Master Card, American Express. Mandatory condition for ordering a credit card is the availability of at least 100 000 CHF on the account, or equivalent in other currencies