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Austrian Banking overview


Austrian major Banks are based in Vienna and other cities of Austria.
Austria is can be the ideal country for overseas private banking due to:
  • special location in the heart of Europe and excellent infrastructure,
  • political and economic stability,
  • limited tax liability for non-residents of Austria,
  • low inflation rate,
  • banking secrecy in the rank of constitutional law,
  • the fact that Austrian banks are only subject to Austrian law,
  • liquidity requirements and protection
Austrian Banking Privacy
The Austrian privacy has a lot to offer: 

•excellent asset and data protection,
•bankers are bound to banking secrecy for their lifetime (except by Austrian court decisions),
•no customer related information are given to third parties,
•has very long tradition very much protected by the Austrian Banking Law to which all credit institutions, members and their organs, shareholders, employees and financial authorities are bound.
Professional Commitment 

The selected investor will experience: 

•personal and professional commitment to achieve the superior customer service,
•flexibilty tailored to meet the client's needs,
•multilingual staff,
•back-up and excellent expertise with the international banking group
Austrian Banking Experience 

One of the most efficient ways you can invest and manage your assets internationally is through a bank that is thoroughly familiar with international markets and with the range of investment alternatives available to today's investor. 

Austrian Bank Account Deposit Rates 

The Austrian bank account deposit rates can of course be negotiated depending on the amount of the client's potential. 

We help high net worth individuals get best services through Austrian bank relations. 

Austrian Bank Account Opening 

The Austrian bank account opening can be done in one of following ways: 

•by coming personally to the bank with our help,
•by meeting our agent to verify your identity and help you open bank account,
•by remote overseas bank account opening procedure.

Austrian bank account can be opened within 24 hours for selected high net worth individuals. 

Austrian Bank Account For Trust and Offshore Companies 

Austrian banks are well used to work with offshore companies and will offer you the best banking we can recommend. 

The minimum banking deposit is US $100,000 or equivalent in other currency, to be deposited on the account within one year. 

Major mistakes that people make when approaching Austrian banks with need for Austrian bank accounts are following: 

•High net worth individual does not understand that Austrian bank will ask for source of funds, and that source of funds has to be evidenced;
•Language barriers: in Austria bankers speak German language , however, top bank officers do speak English. Still many find it difficult to communicate to Austrian banks.
•People trying to open a bank accounts remotely in Austria are often rejected with request that they shall come personally to the bank in Austria;
•Documents and applications were not pre-approved, and personal visit might be very expensive, just to find out that something is missing or that bank account will be rejected.

We can help businessman establish Austrian bank account without hassles, with pre-approval and without coming personally to Austria if required. 

Austrian banks have the strongest knowledge in private banking and wealth creation and preservation overseas.