Banks in Monaco - Account Opening Information
Knowing which bank in Monaco offers the best interest rates, what the different minimum deposit requirements are and what information you will need to provide in order to open a bank account in Monaco is important for anyone considering opening an account - and the Banks in Monaco report provides all this information, plus details for the best person to approach at each bank.
The report has helped guide hundreds of people successfully and easily open an account between 1997 and 2016.
Regularly updated, the report is available free, and will save you hours of your time researching which bank is most appropriate for you and includes:
* How to get your account opening forms
* Current interest rates offered by the different banks in Monaco
* The minimum deposit requirements for each bank
When you decide to go offshore, there’s not many places that can be better to have an account than Monaco.
While it’s not necessary to visit the bank on a frequent basis, if you do decide to visit the nearest airport is Nice – ten minutes by helicopter or a 40 minute drive.
Most of the banks are located in Monte Carlo, and the Principality has a good choice of hotels to choose from – the Metropole and Hotel de Paris are both a short stroll away from most of the banks in Monaco, including Barclays, RBS and HSBC.
If you’re wondering what services are on offer our guide which you can apply for above has this information and other resources.
Typically, most of the Monaco banks will have available for clients opening an account the following:
Numbered accounts, retail ones for everyday banking, deposits, investments, etc. and debit cards are issued which can be used worldwide.
There are banks in Monaco from around Europe, including the Swiss ones of UBS and Credit Suisse International for example.
France is represented mainly by BNP Paribas and Societe Generale, while from the UK Barclays, Lloyds TSB, RBS and HSBC all have branches.
The Reason Why
If you don’t want your government to know your financial affairs, one of the best ways of doing this is to avoid your home country's banks – and this can easily be done as there is an array of choice of where to open your account and deposit your money.
Transfers can easily be made to your new bank, and they will help you accomplish this after some due diligence is undertaken.
Some independent advice is often a good idea, and if you request our report this will enable you to make an informed choice about which might be best for your own individual needs, whether they be for a straightforward deposit account, mortgages, or investments.
Confidence and security are two words that spring to mind for the financial centre where so many banks decide to have a presence, and if you want to open an account and would like to know the best person to contact, these details are included.
Direct Details For The Banks In Monaco:
- Barclays Wealth Monaco
- Societe Generale Monaco
- Credit Suisse Monaco
- Bank Julius Baer Monaco
- BNP Paribas Wealth Management Monaco
- HSBC Private Bank Monaco
- Coutts & Co. Monaco
- Credit Du Nord Monaco
- Compagnie Monegasque de Banque
- Banque Edmond de Rothschild Monaco