Minimum balance, €
€1.000.000 is a minimum amount required for opening an account. However, it is recommended to maintain a minimum of €3.000.000-5.000.000
Transactions permitted per month
The Banks does not provide commercial operations serivce for the client. However, a small amount of private operations is allowed per year to meet personal requirements.
To handle a great deal of private operations, the Bank assists with opening an account in the retail branch of SG in Monaco.
Initial deposit of funds, €
Initial deposit is €1.000.000
Deadline for the initial deposit, month
Initial deposit should be made within the first 3 months, otherwise the account will be deactivated.
How fast payments are executed
Payments are usually executed within 2 days from the date of valuation, however it is possible to execute a payment on the same day.