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Opening an account in Andbank (Andorra)

Opening an account in Andbank (Andorra)
  • Price:from 1000 eur
  • Term:4-6 weeks
About bank

Andbank (Andorra Banc Agrícol Reig) is one of the oldest private banks in Andorra. Andbank has a network of forty subsidiaries and is represented in 11 countries in Europe, America and Asia.

It specializes in a wide range of services for personal banking consumption, as well as servicing companies, implementing investments and managing capital.

Andbank's main priority is the client, so the bank focuses on an individual approach and personal banking solutions.

Name
Andbank
Category
Investment
Opening date
4-6 weeks
Price
from 1000 eur
Bank Features
  • Visa payment cards;
  • free round-the-clock e-Andbank service;
  • a team of financial consultants;
  • investment in real estate is available;
  • private banking services;
  • succession planning services.
Who are the accounts for?

Andbank serves private and corporate clients from all over the world. They also open accounts for cryptocurrency activities.

Account types

Settlement, savings and investment accounts.

Bank rates
Account opening:
basic commission
300 EUR
for hight-risk activities
5000 EUR
Account maintenance
for all categories of clients
36 EUR/month
Account administration
for all categories of clients
600 EUR /quarter
Closing an account
for all categories of clients
1000 EUR
Bank visit

To identify the client and sign banking forms, you must visit the main office of Andbank.

Account opening procedure
1
Getting to know the client and his business
2
Collection and preparation of documents
3
Sending documents for compliance
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, contact specialized lawyers for a preliminary consultation on opening foreign accounts, and we will tell you all the nuances of how to open an account in Andorran bank - Andbank.

Popular questions
What types of accounts does Andbank (Andorra) open?
Andbank opens current, savings and investment 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 Andbank (Andorra)?
The term of opening varies depending on the complexity of the client and the type of account, in the core - 4-6 weeks.
Is it possible to open an account in Andbank (Andorra) online?
To identify the client and sign bank forms, it is necessary to visit Andbank's head office in Andorra.
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