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Opening an account in Wiener Privatbank (Austria)

Opening an account in Wiener Privatbank (Austria)
  • Price:1000 eur
  • Term:1 month
About bank

Wiener Privatbank is a well-known private bank in Austria, established in 1981.

The main specialization is servicing local and foreign companies, private investors and funds for trust management of their capital. Services are offered both for investments in banking products and for investments in European real estate.

The headquarters is in Vienna, and the bank also owns several subsidiaries.

Name
Wiener Privatbank
Category
Investment
Opening date
1 month
Price
1000 eur
Bank Features
  • payment cards MasterСard, Diners and Visa;
  • services of a private banker;
  • multilingual staff, speaks 22 languages;
  • individual investment advice;
  • know-how in customer service from the USA;
  • there are restrictions on transactions.
Who are the accounts for?

Bank Wiener serves private and corporate clients from all over the world who are ready to invest in the bank and its products. Companies registered in tax-exempt jurisdictions with nominal owners are not considered. The priority is companies with a simple ownership structure.

Account types

Investment, savings and current accounts.

Bank rates
Opening an account:
for all categories of clients
no commission
Investments:
investments in bank products
from 500 000 EUR
Minimum deposit/balance:
for individuals
from 500 000 EUR
for corporate persons
from 1 000 000 EUR
Account maintenance for transactions:
for a private person
150 EUR/quarter
for a corporate person
250 EUR/quarter
Transactions:
commission
from 0,25%
Bank visit

To open an account with Wiener Privatbank, you will need to visit Austria for a personal meeting with a bank manager and signing documents.

Account opening procedure
1
Getting to know the client and his business
2
Collection and preparation of documents
3
Sending documents for analysis
4
Preliminary positive response from the bank
5
Personal meeting with the banker
6
Filling out bank forms
7
Gaining access to the account

Please note that according to international account opening standards, each bank is required to adhere to the KYC procedure, therefore, the bank will require documents and data confirming the identity, business and wealth for identification. Also, a financial institution may, based on its internal rules, refuse to cooperate without giving reasons.

In order to avoid such negative consequences, please contact specialized lawyers for preliminary advice on opening foreign accounts, and we will tell you all the nuances of how to open an account in an Austrian bank - Wiener Privatbank.

Popular questions
What types of accounts does Wiener Privatbank (Austria) open?
The Bank opens investment, savings and current accounts. For assistance in opening an account, preparing documents and completing the compliance procedure, leave a request on our website and we will contact you immediately.
How long does it take to open an account in Wiener Privatbank (Austria)?
The opening period varies depending on the complexity of the client and the type of account, on average - 1 month.
Is it possible to open an account in Wiener Privatbank (Austria) online?
To open an account with Wiener Privatbank, you will need to visit Austria for a personal meeting with a bank manager and signing documents.
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