Russian
English
Cost of account opening
от 450 EUR
General information
Name
KDB Bank
Country
Hungary
Official web-site
www.kdbbank.eu
Bank history
The company's predecessor bank was founded in 1990 under the name Daewoo Bank Magyarország Rt. In July 2002, the Korean Development Bank purchased Daewoo Securiti, so the Hungarian subsidiary also received the name of its new parent company (Korea Development Bank). In April 2004, KDB invested $20,000,000 in the company. In April 2005, the bank completed investment services, and this part of its client base was transferred to the Buda-Kaisa Brokerage House. In March 2006, the bank changed its organizational and legal form to a private limited company
Founding date
2002
Account Opening Terms
Recommendations
Not required
Description of activity
Required
Account type
Personal, corporate, savings
Accounts types
Personal, corporate, savings
Required documents
Standard package of documents: photocopies of the company's apostilled constituent documents, photocopy of the passport of director/trustee/beneficiary, description of the client's business, completed application form, certificate of tax resident
Transaction speed
1-2 days
Minimum balance
4
Limit of transfers (per month)
No limitations
Initial founding fee
4
Account opening nuances
No
Account opening, possibility
Calculated and perceived
Cost and nuances of account maintenance
Translation cost
0,13 % + 0,3% in foreign currency
Enrollment fees
0,075%
