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HOME > Services > Bank account opening > Price list
Neue Bank
Information updated on 07.07.2009
Main information on the bank
Country of registration, main office, number of branches: Vaduz, Liechtenstein. 1 branch
Year of foundation: 1992
Main shareholders: Private individuals (The Board of Directors and the Executive Management of the Bank)
SWIFT code: NBANLI22
Information on the opening of accounts, main features of accounts
Type of account: Investment account (corporate and individual)
Documents required for the opening of accounts: Corporate accounts: copies of company documents certified by notary public, bank reference letters for directors and the persons managing the account, passport copies and signatures of the persons managing the account certified by notary public
Individual account: bank reference letters, passport copies and signatures of the persons managing the account certified by notary public
Time required for the opening of accounts: 2 weeks
Restrictions on the opening of accounts: As accounts opened with Neue Bank are not current accounts, they are not suitable for daily transactions.
Personal appearance of signatories required: Yes
Minimum balance required in the account: 100,000 USD
Methods of making payments : Telefax
Internet banking: Not available
Credit / debit card types and possibilities: VISA Classic, Eurocard/Mastercard, American Express
Deposit required in card accounts: 200,000 USD
Fee charged by the bank for the opening of accounts: Free of charge
Account maintenance fee: min. 1,500 CHF/year for managed portfolios
Basic charges imposed by the bank
Charge for incoming transfers: Free of charge
Charge for outgoing transfers: 15 CHF - 20 CHF, depending on country of destination + turnover commission 0.05%, max. 300 CHF
Charge for cash withdrawals: 0.1 - 0.3 %, depending on amount and currency. No upper limit!
Charge for cash deposits: 0.1 - 0.3 %, depending on amount and currency. No upper limit!
* 1 EUR = 1,3055 CHF; 1 USD = 0,9584 CHF (24.01.2011)
The conditions imposed by the banks regarding the opening of accounts may change from time to time. Therefore, we recommend consultation with the staff of LAVECO LTD., who will be able to provide up-to-date information, before making a final decision on the choice of bank.
Fee charged by LAVECO LTD. for the opening of accounts in Neue Bank: 850 EUR
Fee for arrangement of bank cards: 200 EUR (up to 4 cards)
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