Open a bank account in Andorra

$1,350.00

Andorra, officially the Principality of Andorra, is a sovereign landlocked country and microstate on the Iberian Peninsula, in the eastern Pyrenees, bordered by France to the north and Spain to the south. Believed to have been created by Charlemagne, Andorra was ruled by the count of Urgell until 988, when it was transferred to the Roman Catholic Diocese of Urgell. The present principality was formed by a charter in 1278. It is currently headed by two co-princes: the bishop of Urgell in Catalonia, Spain and the president of France. Its capital and largest city is Andorra la Vella.

Andorra is the sixth-smallest state in Europe, with an area of 468 square kilometres (181 sq mi) and a population of approximately 79,034. The Andorran people are a Romance ethnic group closely related to Catalans. Andorra is the world’s 16th-smallest country by land and 11th-smallest by population. Its capital, Andorra la Vella, is the highest capital city in Europe, at an elevation of 1,023 metres (3,356 feet) above sea level. The official language is Catalan, but Spanish, Occitan, and French are also commonly spoken.

We can help you open bank accounts in Andorra. Accounts are available for individuals.
We work with 1 different banks in Andorra. Each bank has different eligibility requirements, types of accounts available and onboarding processes. We invite you to carefully review each banks requirements and services below to better understand if their banking services meet your needs:

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.

Bank Account option 1
Account Details
Eligibility Offshore Companies, Onshore Companies, Local Companies
Min Deposit USD 500,000
Currencies USD, EUR, CHF, CAD, AUD, SEK, NOK, NZD
Cards Yes
Remote Yes
Off-shore non-resident Yes
Other Services Transactional Banking, Discretionary Wealth Management, Brokerage/Securities, Debit/Credit Card

Private Bank with focus on wealth management. If they open a corporate account for an active company, they would need that either the account has a substantial amount on the account, or that the UBO himself opens an account for wealth management.

Account Details
Client Profile Wealth Management
Min Deposit EUR 500,000
Currencies USD, EUR, CHF, CAD, AUD, SEK, NOK, NZD
Cards Yes
Remote Yes
Off-shore non-resident Yes
Other Services Brokerage Account, Discretionary Wealth Management

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小計: $714,550.00

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