Free Offshore Bank Account Austria

About the Bank:

Meinl Bank AG is a traditional Austrian Private Bank founded in 1923 – at the time as the credit cooperative and part of the Julius Meinl Group, whose activities in the retail and coffee business go back to 1862.

Since its inception in 1923 Meinl Bank is a privately owned company. Due to its conservative business approach the Bank has a solid financial structure with an above-average equity ratio and no need of any governmental support.

Offshore Bank Account
Offshore Bank Account

Options:

WHAT MEINL BANK AG OFFERS:
Full range of banking services
Accounts in all major currencies (EUR, USD, GBP, CHF, RUR etc)
Retail banking
Wealth Management & Private Banking
Asset Management on institutional level
Management of private foundations
Family Office
Fund Management and Fund Development
Real Estate Investments
Master or Visa Credit Cards
Full Internet Banking, available also in Russian
Customer support in German, English, Russian

The approximate timeframe for account allocation from 7 to 14 business days receipt of the original documents by the bank.


Requirements:

REQUIREMENTS FOR PERSONAL ACCOUNT SET UP WITH MEINL BANK IN AUSTRIA
A face-to-face meeting with the bank representative is required. The meeting can be arranged in Vienna, Prague, Moscow, Kiev or Tel Aviv. However, it is possible to open an account without personal meeting. If that’s the case, the bank forms must be notarized and apostilled or certified by the Consulate of Austria.
The minimum balance is EUR 10,000 or equivalent in another currency.
Initial deposit is EUR 10,000 or equivalent in another currency..
Account opening fee – EUR 2,000 of which EUR 1,000 will be transferred to your bank account.
Account opening timeframe. The account will be activated within 7 – 14 business days, upon receipt by the bank of all duly completed forms and relevant information.

DOCUMENTS REQUIRED
Notarized copy of valid passport. The passport must be signed and signature must match the signature in the application form. The photograph must be clear and of good quality.
Original or notarized copy of utility bill / bank statement dated within 3 months as verification of residential address.
Original or notarized copy of Lawyer’s/Banker’s/Accountant’s reference letter dated within 3 months.
Personal CV

PLEASE NOTE:
Documents that are not in English must be accompanied by a certified translation.

Once all documentation is available please email electronic copies to our representative for review; incomplete or unexecuted forms can create delays in the account opening process.


Requirements (Corp):

REQUIREMENTS FOR CORPORATE ACCOUNT SET UP WITH MEINL BANK IN AUSTRIA
A face-to-face meeting with the bank representative is required. The meeting can be arranged in Vienna, Prague, Moscow, Kiev or Tel Aviv. However, it is possible to open an account without personal meeting. If that’s the case, the bank forms must be notarized and apostilled or certified by the Consulate of Austria.
The minimum balance is EUR 10,000 or equivalent in another currency.
Initial deposit is EUR 10,000 or equivalent in another currency..
Account opening fee – EUR 2,000 of which EUR 1,000 will be transferred to your bank account.
Account opening timeframe. The account will be activated within 7 – 14 business days, upon receipt by the bank of all duly completed forms and relevant information.

DOCUMENTS REQUIRED
For the Company:
A set of legalized company documents consisting of:

Certificate of Incorporation
Memorandum and Articles of Associations
Documents confirming the appointment of company directors and secretary (if any)
document confirming the location of the registered office
Share Certificate(s)
Certificate of Good Standing if the company is more than 12 months old
Copy of the Corporate Structure, identifying the ultimate beneficial owner(s)
Valid License (if applicable)

For each director, shareholder, secretary, authorised signatory and ultimate beneficial owner:
Notarized copy of valid passport.
The passport must be signed and signature must match the signature in the application form. The photograph must be clear and of good quality.
Original or notarized copy of utility bill / bank statement dated within 3 months as verification of residential address.
Original or notarized copy of Lawyer’s/Banker’s/Accountant’s reference letter, dated within 3 months
Power of Attorney (where applicable)
Personal CV

For each corporate officer (where the company directors or shareholders are legal entities), please provide:
A set of legalized company documents consisting of:

Copy of constitutional documents (Certificate of Incorporation, Articles, etc.).
Copy of Corporate Register (which shall include Register of Shareholders, Directors and Secretary).
Copy of the Corporate Structure.
Certificate of Good Standing.

PLEASE NOTE:

Documents that are not in English must be accompanied by a certified translation.

Once all documentation is available please email electronic copies to our representative for review; incomplete or unexecuted forms can create delays in the account opening process.


Howto?:

First you have to know the banks website: http://www.meinlbank.com

How to open the account:

Please contact the bank via phone or e-mail form with the wish to open an account:

Tel: +43 (1) 53188 – 0

servicecenter@meinlbank.com

The bank will answer you in about 1-3 working days and will tell you how to proceed.

After you returned the application forms with all necessary documents back to the bank, your account is set up after further 5-7 working days and you will get the access data by post delivered.

Your new Offshore bank account is from then on fully usable.

Important notes:

If the account opening documents provided are incomplete, unverified or are not clear they may have to request further information, documents or clarification from you before they can open your account.

As part of the process you will need to send personal information. It’s very important that you use real information. Don’t try to use questionable data. If you have some problem or a specific question the best is to contact them directly and let them know so they can help you.