Vaduz, Liechtenstein
Financial Services
Open a Bank Account in Liechtenstein
Local Bank in Vaduz
Year of foundation: 1861
Headquarters: Vaduz
Offices: Abu Dhabi, Dubai, Geneva, Vienna, Zurich
Rating: AAA (country rating)
Tier 1 Ratio: 20.8%
AuM: CHF 88.3bn (31.12.2021)
Staff: 1,048 (31.12.2021)
Strengths
- Liechtenstein’s second largest bank
- The bank provides an A-class service, far above most Swiss banks
- Among the highest rated banks in the world (AAA)
- Majority-owned by the Principality of Liechtenstein
- Very low forex spreads (see below)
Weaknesses
- Modest-sized player in a competitive segment
- Online banking not intuitive to use
Services and Fees
Yearly account fee: CHF 1,200 (private account) | CHF 1,800 (corporate account)
Hold mail fee: CHF 720 p.a.
Online payments: Available
Payments
CHF 30 (Switzerland)
CHF 40 (international)
Payment over CHF 50,000: 0.15% of outgoing payment amount (but max. CHF 1,000)
Brokerage / Custody
Bond trade (over $500,000): 0.22% per trade
Equity trade (over $500,000): 0.32% per trade
Custody: 0.13% p.a.
All-in fee: 0.30% p.a.
FX Spreads
Under CHF 100,000: 0.30%
CHF 100,000-250,000: 0.20%
CHF 250,000-500,000: 0.09%
CHF 500,000-3m: 0.07%
Over CHF 3m: 0.03%
Lending
Lombard lending: Standard LTV ratios
Residential real estate: Switzerland, Liechtenstein