Austrian Bank Account

Austrian Bank

Austrian Flag

THETABIZ S.A. can succesfuly assist a businessman or investor to get the Austrian bank account with the highest degree of banking secrecy.

Proper Choice of Austrian Bank

Proper choice of Austrian bank depends of the businessmen' needs. Not every Austrian bank is suitable for commercial businesses, especially international businessman. Although Austrian banking mainly provides facilities to European customers, everyone is welcome.

We work only with well established Austrian banks, which know how to listen to client and which are flexible and helpful. Such banks are "A" rated banks with large amount of total assets.

Austrian Bank Account

If Austrian Bank Account is proper for you, it will depend of various factors:

  • Austrian banking is not recommended for individuals, U.S. citizens;

  • U.S. citizens shall use companies, foundations or trust for Austrian banking;

  • If you don't have any assets, banking with Austrian bank might be difficult;

  • If you have considerable assets, you can still be refused without reason;

We help businessman and high net worth individuals to get Austrian banking facilities, without being unreasonably rejected or unfairly served. Our experience shows that some Austrian banks are more helpful then others, some stress customer service and some will bring you unnecessary difficulties.

It is worth using our relations with Austrian banks, in order to avoid any unreasonable handling of your commmunication.

Flops When Opening Austrian Bank Accounts

Major flops that people do 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, German language is spoken, however, many bank officers do speak English. But many find it difficult to communicate to Austrian banks.

  • People trying to open accounts remotely are often rejected with request that they shall come personally to the bank;

  • 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.

Business Lending and Wealth Creation by Austrian Banks

The business lending services are mainly offered to clients from US, UK and Ireland and worldwide.

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

Austrian Bank Account Introduction

THETABIZ S.A. will be glad to introduce potential investors and businessman to professional Austrian Bank based in Vienna and other cities of Austria.

Austria is can be the ideal country for 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 informations 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.

Austria vs. Switzerland

While Switzerland is undoubtedly the world's best known private banking centre, neighbouring Austria offers similar facilities and, in addition, deliberately keeps a lower profile. Investors around the world have learned to appreciate the smooth and quiet way in which Austrian banks conduct business with their customers. Austria is known for the soundness, flexibility and efficiency of its banking system and for the long tradition of good service and courtesy.

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 bank account opening procedure.

This type of bank account can be opened within 24 hours for selected high net worth individuals.

Austrian Bank Account Requirements for Personal of Join Account

Requirements may large differ, sometimes there may be more or less requirements. Only in strictest case following will be required for Austrian bank account:

  • application form,

  • investor profile,

  • introduction letter,

  • notarized confirmation of the identity,

  • bank reference,

  • copy of a recent bank statement and utility bill,

  • description of personal background

Austrian Corporate Bank Account Requirements

In addition to above mentioned documents for personal or joint Austrian bank account, for the offshore company, IBC or Panamanian corporatio, UK LIMITED company or US company or any other company, following documents will be required:

  • Certificate of Incorporation or similar,
  • Memorandom & Articles of Incorporation,
  • Appointment of Directors and certificate with their names,
  • List of Shareholders,
  • Power of Attorney if any.

Austrian Bank Account For Trust and Offshore Companies

In similar way, a bank account can be opened for a foreign Trust.

This Austrian bank is 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.

Contact us for any questions regarding the Austrian Bank Account and we might be able to assist you in the shortest time possible.