
Open a Bank Account in Liechtenstein
Liechtenstein is a member of the European Economic Area (an organization that acts as a bridge between the European Free Trade Association (EFTA) and the European Union) since May 1995. Its economy, despite its small size and scarcity of natural resources, is highly industrialized, free-enterprise oriented and has the third highest per capita income in the world, after Qatar and Luxembourg. It has an important financial center, specialized in financial services for foreign entities and wealth management for non-resident individuals.
We can help you open business and personal accounts in Liechtenstein. Accounts are available for both resident and non-resident companies and individuals. We work with 2 different banks in Liechtenstein. Each bank has different eligibility requirements, types of accounts available and onboarding processes. We invite you to carefully review each banks requirements and services to better understand if their banking services meet your needs:
- Liechtenstein Bank Option 1 (Business Account, Private Banking Account)
- Liechtenstein Bank Option 2 (Business Account, Wealth Management Account)
Our banking support service is not just a mere introduction to the bank. We assist you in filling out the business questionnaires appropriately and help you understand and provide business details, commercial information and purpose/use of the bank account that a given bank wants to know in order to approve your account application. Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.
Liechtenstein Bank Option 1 (Bank Frick)
Account Details
Eligibility | Foreign Companies |
Account type and Currency | Corporate Savings Account (USD, EUR, CHF) |
Minimum Initial Deposit | Case-By-Case |
Minimum Monthly Average Balance (To Avoid Fall-Below Fee) | Case-By-Case |
Online Banking | Internet Banking |
Cards (Currency) | Credit Cards (EUR, CHF) |
Other Services | Wealth Management Multi-Asset Trading Desk Financing Solutions |
Small size companies (less than USD 5,000,000 annual turnover) are generally not eligible, and a business connection with the European Economic Area is required. Investment holding companies are eligible.
Generally, businesses incorporated in ‘onshore’ jurisdictions (with Tax ID) are preferred. A remote opening is possible.
Account Details
Eligibility | International Individuals |
Account type and Currency | Deposit Account (USD, EUR, CHF) |
Minimum Initial Deposit | CHF 250,000 |
Minimum Monthly Average Balance (To Avoid Fall-Below Fee) | Case-By-Case |
Online Banking | Internet Banking |
Cards (Currency) | Credit Cards (EUR, CHF) |
Other Services | Wealth Management Multi-Asset Trading Desk |
Individuals resident or nationals from high-risk jurisdictions are not eligible. Residents from the EU or Schengen area are preferred.
During the Covid-19 pandemic, a remote opening via video-conference may be possible.
- Business Account
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Account Details
Eligibility Foreign Companies Account type and Currency Corporate Savings Account (USD, EUR, CHF) Minimum Initial Deposit Case-By-Case Minimum Monthly Average Balance (To Avoid Fall-Below Fee) Case-By-Case Online Banking Internet Banking Cards (Currency) Credit Cards (EUR, CHF) Other Services Wealth Management
Multi-Asset Trading Desk
Financing SolutionsSmall size companies (less than USD 5,000,000 annual turnover) are generally not eligible, and a business connection with the European Economic Area is required. Investment holding companies are eligible.
Generally, businesses incorporated in ‘onshore’ jurisdictions (with Tax ID) are preferred. A remote opening is possible.
- Private Banking Accounts
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Account Details
Eligibility International Individuals Account type and Currency Deposit Account (USD, EUR, CHF) Minimum Initial Deposit CHF 250,000 Minimum Monthly Average Balance (To Avoid Fall-Below Fee) Case-By-Case Online Banking Internet Banking Cards (Currency) Credit Cards (EUR, CHF) Other Services Wealth Management
Multi-Asset Trading DeskIndividuals resident or nationals from high-risk jurisdictions are not eligible. Residents from the EU or Schengen area are preferred.
During the Covid-19 pandemic, a remote opening via video-conference may be possible.
Liechtenstein Bank Option 2 (Alpinum)
Account Details
Eligibility | EEA incorporated Companies |
Account type and Currency | Corporate Multicurrency Account (CHF, EUR, GBP, AED, HKD, SGD, AUD, RUB, further currencies on request) |
Minimum Initial Deposit | CHF 250,000 |
Minimum Monthly Average Balance (To Avoid Fall-Below Fee) | CHF 250,000 |
Online Banking | Internet Banking |
Cards (Currency) | Credit Cards (CHF) |
Other Services | Loans Wealth Management Wealth Planning |
A connection to the European Economic Area is required. This can be in the form of existence of an adequate number of qualified employees, availability of adequate office space, wages, existence of expenses according to the company’s purpose and activity, infrastructure investments for business operation etc.
During the Covid-19 pandemic, a remote opening via video-conference is possible.
Account Details
Eligibility | International Individuals |
Account type and Currency | Wealth Management Account |
Minimum Initial Deposit | CHF 250,000.00 |
Minimum Monthly Average Balance (To Avoid Fall-Below Fee) | CHF 250,000.00 |
Online Banking | Internet Banking |
Cards (Currency) | Credit Cards (CHF) |
Other Services | Wealth Management Wealth Planning |
Individuals resident or nationals from high-risk jurisdictions are not eligible. Residents from the EU or Schengen area are preferred.
During the Covid-19 pandemic, a remote opening via video-conference may be possible.
- Business Account
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Account Details
Eligibility EEA incorporated Companies Account type and Currency Corporate Multicurrency Account
(CHF, EUR, GBP, AED, HKD, SGD, AUD, RUB, further currencies on request)Minimum Initial Deposit CHF 250,000 Minimum Monthly Average Balance (To Avoid Fall-Below Fee) CHF 250,000 Online Banking Internet Banking Cards (Currency) Credit Cards (CHF) Other Services Loans
Wealth Management
Wealth PlanningA connection to the European Economic Area is required. This can be in the form of existence of an adequate number of qualified employees, availability of adequate office space, wages, existence of expenses according to the company’s purpose and activity, infrastructure investments for business operation etc.
During the Covid-19 pandemic, a remote opening via video-conference is possible.
- Wealth Management Account
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Account Details
Eligibility International Individuals Account type and Currency Wealth Management Account Minimum Initial Deposit CHF 250,000.00 Minimum Monthly Average Balance (To Avoid Fall-Below Fee) CHF 250,000.00 Online Banking Internet Banking Cards (Currency) Credit Cards (CHF) Other Services Wealth Management
Wealth PlanningIndividuals resident or nationals from high-risk jurisdictions are not eligible. Residents from the EU or Schengen area are preferred.
During the Covid-19 pandemic, a remote opening via video-conference may be possible.
Bank Account opening requirements are subject to change at the discretion of the bank. There might be additional fees charged by the bank itself. Bank account opening is not guaranteed and is subject to the bank policies and compliance department. There might be restrictions on UBO nationalities, business activities and/or jurisdictions. A refund is guaranteed if the account is not successfully opened, but a 15% administrative fee applies.