Oct 17, 2016

Personal Account Opening With EU Secured Deposit Scheme In A Good European Bank With No Minimum Deposit.

The Offshore Pro Group offers you the ability to open a private account in Estonia with a bank that offers the following benefits:

  • No minimum deposit
  • Multi currency accounts
  • Well regulated European bank
  • EU Deposit Guarantee Scheme
  • Simplified Know Your Customer (KYC) procedure
  • Wide range of investment products
  • Internet banking

Contact us via email [email protected] for totally professional advice about opening a personal account with this bank in Estonia. 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 Estonia

The Republic of Estonia, more commonly known as just Estonia, is located in the Baltic region in Northern Europe. Latvia lies to the South and the Gulf of Finland to the North and the country has a population of around 1.3 million people. It is a democratic parliamentary republic that is divided into 15 counties.

Estonia is a developed country, and the World Bank has classified it as having a high income economy. It has one of the fastest growing economies in the European Union (EU). It became a full member state of the EU in 2004. Estonia is also a member of the United Nations, NATO and the Organisation for Economic Cooperation and Development (OECD) as well as other international organizations.

The banking system in Estonia is governed by the Law on the Bank of Estonia (Eesti Pank Act) and this contains stringent regulations that are enforced by the Bank of Estonia (Eesti Pank). The Bank of Estonia regulates and enforces the monetary policy that is laid down by the European Central Bank. The Bank of Estonia is responsible for the economic stability of the country.

The Estonian Financial Supervision Authority is the agency that has the responsibility to monitor the banks, investment companies, insurance companies and other financial institutions. It is there to protect investors as well as enhance the reputation of Estonia as reputable international banking center. It ensures that banks fulfil their duties to clients and ensure there is no fraudulent activity under the terms of the 2001 Financial Supervision Authority Act.

Estonia has a growing economy and is both socially and politically stable. There are very strict regulations in place to ensure that banks provide the best banking services to their clients. All of this makes Estonia a good choice of jurisdiction for the protection, diversification and enhancement of your assets.

Being an EU member state, Estonia has implemented the Deposit Guarantee Scheme. The aim of the scheme is to protect investors with the provision of coverage for bank deposits in Estonia. It is very unlikely that a bank in Estonia would go into default and not be able to meet its payment obligations, but if this did happen then the scheme will cover bank deposits made by clients up to 100,000 Euros (EUR). For more details about the Deposit Guarantee Scheme please contact your Offshore Pro Group international banking consultant.

Private Bank In Estonia For Your Personal Account

This well regulated European bank was founded in 1999. The bank has worked hard to build a loyal client base and recruit a team of highly experienced banking professionals. The major shareholder of the bank is now an agro industrial company in the Ukraine.

The main goal of the bank is to develop itself to be a modern and reliable bank in Europe which will offer a range of financial services, using an individual and professional approach and provide a quality and efficient services to private clients across the world. Their mission is to focus on your financial goals through the offering of a well planned personalized service that provides the right financial solutions underpinned by qualified staff and the latest technology.

The bank has a number of correspondent accounts and has worked hard to build good relationships with these correspondent partners. As a result of this transactions are possible in major world currencies such as the US Dollar (USD), Euros (EUR), Swiss Francs (CHF), British Pounds Sterling (GBP), Russian Roubles (RUB) and other world currencies.

The Offshore Pro Group offers you the opportunity to open a private account in Estonia with this bank and you will also receive professional financial advice from the bank for the protection, diversification and growth of your capital.

Important Note: This bank is unable to open private accounts for citizens of the United States.

Services Offered By This Estonian Bank For Your Asset Protection And Growth

You will be able to open a non resident private account with this bank in Estonia, but you will be required to arrange a visit with the representatives of the bank in Estonia first or one of its regional offices in Moscow, Kiev, St Petersburg, Vienna or Baku. The managers of the bank often travel and they may be able to arrange a meeting with you in London, Dublin, Prague, Vilnius, Odessa and other cities. After you private account has been opened you will be able to take advantage of a wide range of investment and banking services.

This bank is able to offer you a range of investment products that are developed by leading global businesses. There are stocks and bonds available as well as investment fund units, structured products with a capital guarantee, equity management, financial analysis instruments and index linked stocks and deposits.

The investment experts at the bank will apply analytic competence, foresight, rationality and an assessment of the position and ratio of every instrument that is contained in your portfolio. The bank staff will advise on the choice of investment instruments and the related sectors and they will also advise on strategic and tactical spreads, imposed restrictions, risk perception and the ability to meet your long term financial goals.

Fixed term deposits are available from this bank and this will provide you with an opportunity to invest your capital without risk and make a good amount of interest on your money. The deposit periods range from a single week to as long as five years. These deposits can be in either Euros (EUR) or US Dollars (USD) and interest can be paid into your personal account or other arrangements can be made with the bank. These term deposits are fully covered by the EU Deposit Guarantee Scheme.

Multi currency accounts are available to you. The main currency of your account will be the Euro (EUR) but it is possible to keep other major currencies in your current account. You will be able to make international payments from your account and deposit and withdraw cash. Currencies will be exchanged on a fixed rate basis.

International payment transactions can be executed by the bank. The SEPA (Single European Payments Area) payments system will be used for payments to other European countries. There is a choice of speeds to make these payments to other countries and the charges will vary dependent upon how quickly the payment is required.

Various bank cards branded by Visa are available from this bank in the form of credit and debit cards. There is a Visa debit card which can be used for everyday purchases and ATM cash withdrawals. Then there are three levels of credit card which have different credit and usage limits.

Free access to the bank’s secure Internet banking service is granted to all account holders. This will enable you to access and manage your account using the Internet 24/7 no matter where you are. With this online banking service you will be able to view the balance of your account and view your recent transactions and obtain more detailed statements and a lot more.

There is no minimum deposit required for a private bank account with this Estonian bank, and also there is no minimum balance requirement to be maintained. This is a significant benefit as other offshore banks will require significant deposits to open a personal account.

The fees for your account and transactions that the bank levies are always subject to change, it is important that you check the current fees with your Offshore Pro Group international banking consultant. If you are interested in receiving the very best rates, you can state that you require beneficial international banking fees when you complete the international bank selection form.

To Open A Private Account With This Estonian Bank Please Follow This Procedure

In order to be successful in opening a non resident private account with this bank in Estonia it is important that you precisely follow this step by step process:

  1. Contact us via email [email protected] for totally professional advice about opening a personal account with this bank in Estonia. 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 private account at this bank in Estonia, and for this you will need to pay a fee of 1999 EUR. You can pay by credit card, bank transfer, Money Gram, Western Union, Web Money or even Bitcoin.
  1. The bank will require you to visit one of their registered offices and provide the following:
  • A fully completred agreement to open a personal account
  • Samples of your signature
  • Proof of identity through the use of a passport, driving license or ID card

You will need to meet with representatives of the bank in either Estonia or at one of their other registered offices. It may be possible for a manager of the bank to meet with you in an international city that is convenient for both of you. You will then need to wait for around 10 business days for your foreign private account to be opened at the bank in Estonia.

To begin the process of opening a private account at this Estonian bank, please contact us by email [email protected]