GSL / Offshore and International Law / Offshore Banking / BNP Paribas (Suisse) SA

How to open a bank account in BNP Paribas (Suisse) SA

GSL reference about the bank What is it?

Being professional intermediaries, we are limited in giving public opinion about some financial institutions. Please contact us directly to obtain more detailed feedback.

GSL rating

Beginning of cooperation

March, 2002

Last contact

October, 2022

Last update

October, 2022
  • savings (investment) accounts;
  • an account can be opened without leaving Switzerland, but a meeting with a banker who regularly visits Moscow is required;
  • the minimum account balance is CHF 1,000,000;
  • the term for opening an account - case by case (check with the consultant).

The parent bank has more than 100 years of history. And the branch - BNP Paribas (Suisse) - is one of the leading foreign banks in Switzerland: about 1,700 employees and a presence in four Swiss cities - Geneva, Zurich, Basel and Lugano. The bank has a long tradition of wealth management and provides private investors with a wide range of financial services

GSL rating
Beginning of cooperation
March, 2002
Last contact
October, 2022
Last update
October, 2022
Your Consultant
Поиск консультанта...

Поиск консультанта...

General information and rating

456
Global rating
10
Countrywide rating
1
Countrywide rating of the head bank
3
Global rating of the head bank
Year of foundation
1872
History
BNP’s history dates back to 1848, when Comptoir National d’Escompte de Paris and Comptoir National d’Escompter de Mulhouse were founded. Paribas’s history goes back to 1872, when Banque de Paris et des Pays-Bas (from which the second half of the name originates) was formed following the merger of Banque de Paris, established in 1869, and Banque de Crédit et de Dépôt, established in 1863 in Amsterdam. В 1968 it became a subsidiary of Banque de Paris et des Pays-Bas (Suisse) SA. In 1984 the name changed to Banque Paribas (Suisse) SA. In October 1994 it took over Paribas Privatbank SA. In January 1999 the name changed to Paribas (Suisse) SA, and in May 2000 – to the existing one. In March 2001 merged with United European Bank (established in 1961). In October 2006 took over UEB (Switzerland). In April 2007 merged with Lavoro Bank AG, and in May 2010 – with Fortis Banque (Swisse) SA
Personnel
The bank has about 850 staff. There are Russian-speaking officers
Bank’s shareholders
BNP Paribas SA (Paris France) - 99,99%
Confidentiality
Judicial Cooperation Agreement with Russia is signed; Double Taxation Agreement with Russia is signed; AML legislation is strictly observed; Active member of OECD, FATF, Basel Commitee, Egmont Group etc.
Compare banks

    Minimum requirements

    1 000 000
    Minimum balance, €
    N/A
    Transactions permitted per month
    1 000 000
    Initial deposit of funds, €
    No restrictions
    Deadline for the initial deposit, month
    Minimum balance, €
    1 000 000 CHF
    Transactions permitted per month
    The number of transactions is not restricted. But it should be noted that the bank does not make money on wire transfers. Its income flows from the interest on credits to replenish floating capital
    Initial deposit of funds, €
    No initial deposit is set
    Deadline for the initial deposit, month
    There are no deadlines for making a deposit, but if the account remains inactive for long, the bank may want to close it
    How fast payments are executed
    The value date is the next day (express payments) and third day (ordinary payments)

    Tariffs and services

    50
    Outcoming transfer, €
    0
    Incoming transfer, €
    250
    Account maintenance, €/year
    N/A
    Payment limit for credit cards, €/day
    Incoming transfer, €
    There are no charges on incoming transfers
    Account maintenance, €/year
    The account maintenance fee is EUR 250 per year
    Distant access to the account
    The bank has on-line banking system designated to inform the user of the state of the account. The ordinary means of communication with the bank are also available
    Financial products
    The bank is reluctant to work with products other than export credits (and ancillary products such as letters of credit, guarantees etc)
    Credit/debit cards
    Since the bank specializes in trade finance, it issues bank cards by opening savings accounts at its subsidiary

    Account opening procedure

    Days to open for incoming transfers
    case by case
    Days to open for outcoming transfers
    case by case
    References
    Necessary
    Purpose of the account
    Savings
    Visit to the bank
    A visit to the bank is obligatory. Or one may wait for the banker to visit Moscow instead. The bank’s representative visits Moscow several times a month
    Required
    Apart from the standard due diligence documents (passport copy certified by GSL, proof of address, and apostilled set of corporate documents), the bank also requires apostilled and signed bank forms. The list of documents the bank asks to provide is specific to the applicant’s business (contracts and other commercial documents, CMRs etc)
    Types of accounts
    Savings
    Opening procedure and Due Diligence
    It is possible to open an account without visiting the country where the bank is located
    Chances to open an account
    Predictable
    Business description
    Relatively detailed: in addition to the description of the business, the origin of funds needs to be disclosed

    Banks of Switzerland

    Bank
    The cost of opening an account, $
    Global rating
    Countrywide rating
    GSL rating
    Need a consultation from a specialist?
    Share on social media:

    Add a comment

    By clicking the «Send» button, you agree to the processing of personal data in accordance with the terms of our privacy policy

    RU EN