Oct 17, 2016

Personal Account Opening With European Bank In Luxembourg Which Is Heavily Client Orientated With EU Deposit Scheme.

The international banking professionals at the Offshore Pro Group offer you the ability to open a private account in Luxembourg with a bank that offers the following benefits:

  • Well regulated European bank
  • Strong international reputation
  • Client orientated
  • EU Deposit Scheme
  • Remote account opening
  • Investment opportunities
  • Online banking

Contact us via email info@offshore-pro.info for the right professional advice about opening a personal account with this bank in Luxembourg. It is highly recommended that you initially go through the steps on this page Free Professional Advice On Choosing A Foreign Or Offshore Bank Account.

The Jurisdiction Of Luxembourg

Officially the Grand Duchy of Luxembourg, but just known as Luxembourg, it is a landlocked country that has borders with Germany, France and Belgium. Luxembourg was a founding member of the Organization for Economic Cooperation and Development (OECD), NATO, the European Union and the United Nations.

Luxembourg is a highly developed country and its economy is very advanced. It has the world’s highest GDP per capita and it uses the Euro as its official currency. The population of the country is around 580,000 and it is a unitary parliamentary constitutional monarchy. The country is both socially and politically stable.

Luxembourg is one of the largest financial centers in Europe and the world. It attracts investors from across the globe and this is due to the high degree of professionalism shown by the international financial institutions and the expertise of specialists there that can develop investment strategies for the protection, enhancement and diversification of assets.

Luxembourg has agreed to drop its bank secrecy rules from 2017 after pressure was applied from the United States and Germany. The country has agreed so that it can commit to the single global financial standards. For years the country has been fighting tax evasion issues and it has agreed to implement Automatic Exchange of Information (AEoI) procedures in the spirit of international cooperation.

The Commission de Surveillance du Sector Financier (CSSF) is the banking regulator in the country and came into force in 1999. It is responsible for the prudent supervision of banks and other financial institutions in the country. It has stringent controls in place to fight against money laundering and terrorist financing. Being an EU member state, Luxembourg also has to comply with the regulations of the European Central Bank.

The fact that Luxembourg has a very strong and stable economy as well as social and political stability, as well as the stringent financial regulations and monitoring that exist, makes Luxembourg and excellent choice of jurisdiction for the safeguarding, diversification and growth of your capital.

The Deposit Guarantee Scheme is active in Luxembourg as it is an EU member state. This scheme serves to protect bank deposit investors and provide coverage if disaster strikes. It is most unlikely that a bank in Luxembourg would be unable to meet its client payment obligations and go into default, but if this were to happen then the Deposit Guarantee Scheme would cover client bank deposits up to 100,000 Euros (EUR). For more details about the Deposit Guarantee Scheme please contact your Offshore Pro Group international banking consultant.

Your International Private Bank In Luxembourg

This international bank was established in Luxembourg in 1974. The bank has been successfully trading for over 40 years and can offer comprehensive solutions to both personal and corporate clients. This bank is committed to complying with all International Banking regulations and is a major participant in the fight against illegal monetary activities such as terrorism funding and money laundering.

The bank is passionate about its clients and takes the time to listen carefully to all of them. Once they understand the financial goals of their clients, they will develop savings and investment strategies that will assist them in achieving their aims. The private banking officers and managers at the bank have the building of long term professional relationships that are built on integrity, expertise and trust as a very high priority.

The team of professionals at the bank will provide the right advice on all aspects of wealth management and banking and they can assist with funds, structured products, discretionary management, lending and wealth structuring. All of their services will be tailored specifically to meet your financial aims.

The Offshore Pro Group provides you with the opportunity to open a private account with this Luxembourg bank and you will also receive expert investment advice from the bank for the protection, diversification and growth of your capital.

The Private Banking Services That This Luxembourg Bank Can Provide For Your Asset Safeguarding And Enhancement

You will be able to remotely open a non resident private account with this bank. There is no requirement for you to travel to Luxembourg to meet with bank representatives. Once your private account is operational, you will be able to take advantage of the wide range of financial services and investment opportunities that are provided by this bank.

You will have access to investment professional who are experienced in meeting the complex needs of high net worth individuals from across the world. They will provide advice and guidance on a comprehensive range of investment products and services and assist in the development of your portfolio and then monitor this closely for you.

With this bank you will have access to fiduciary products and you will have access to markets and brokerage, investments in works of art, individual proposals and a lot more. The personnel working at the bank are multi lingual and they are ready to assist you at any time.

Investment counselling is available at this bank, and if your preference is to be active in your wealth management then the bank will execute your orders and at the same time provide you with tactical and strategic advice which is consistent with the strategy for investment that you have chosen. Your asset portfolio structure and performance will be monitored and you will be advised of any appropriate investment opportunities as they arise. You will remain in control of all investment decisions.

If you do not want to be involved in the day to day management of your investment portfolio and you require specialists at the bank to manage this for you then the bank’s discretionary asset management solution is available. Here your portfolio will be built and managed by experts in line with your financial goals.

The bank can provide traditional cash accounts as well as savings and deposit accounts. Domestic and international money transfers are possible and transactions can take place in different currencies. The bank is also able to provide credit cards and if you have valuables to deposit you can use the safe deposit service provided.

A highly secure online banking service is also provided by the bank to give you access to your private account 24/7 and from anywhere in the world. To access and manage your account all that you require is a connection to the Internet. With the bank’s online banking service you can view account balances, take a look at your recent transactions and obtain fully detailed statements of your accounts.

The minimum deposit required to open a private account with this bank in Luxembourg is 500,000 Euros (EUR).

The account and transaction charges that are levied by this Luxembourg bank are subject to change at any time. It is essential that you check the current charges with your professional Offshore Pro Group international banking consultant. Your consultant will provide advice and guidance so that you can achieve the most preferential rates.

Please Follow This Exact Procedure To Successfully Open A Personal Account With This Bank In Luxembourg

To be successful with the opening a non resident private account with this bank in Luxembourg it is very important that you please follow this step by step process exactly:

  1. Contact us via email info@offshore-pro.info for totally professional advice about opening a private account with this bank in Luxembourg. It is highly recommended that you initially go through the steps on this page Free Professional Advice On Choosing A Foreign Or Offshore Bank Account.

It is vital that you fully understand the risks of non resident banking in today’s climate and strongly consider opening a second foreign bank account.

  1. We will provide total professional assistance to you in opening a personal account at this bank in Luxembourg, and for this you will need to pay a fee of 1999 Euros (EUR). You can pay by credit card, bank transfer, Money Gram, Western Union, Web Money or even Bitcoin.
  1. The bank will require the beneficial owner and all proposed account signatories to supply the following documentaion to open a private account. This will include:
  • Copy of the Passport/ ID card, showing number and country of issue, issue and expiry dates, signature and photograph of holder, and date and place of birth certified by a notary. If the client wishes to meet with bank representatives this will not be necessary as passport verification will take place at the meeting
  • Proof of address – a notarized copy of a recent utility bill or an original utility bill or bank account statement (not older than 3 months)
  • A completed biography for each account signatory (personal background, business interests, location and source of the funds)

Once you have submitted all of the required documentation we will check them thoroughly and pass them on to the bank as quickly as possible. You will need to wait for 5 business days for your private non resident account in Luxembourg to be opened at this bank.

To begin the process of opening a private account at this bank in Luxembourg, please contact us by email info@offshore-pro.info