logo

Opening an Account at Bendura Bank (Valartis Bank Liechtenstein AG)

Opening an Account at Bendura Bank — Formerly Valartis Bank Liechtenstein AG

Bendura Bank AG (formerly Valartis Bank AG) is one of the largest banks in Liechtenstein, established in 1998. Today it manages assets exceeding 1.5 billion francs.

Bendura Bank consultants speak multiple languages, including English, German, and Russian, making communication with foreign clients easier. The bank is notable for its highly professional staff, constant improvement in service quality, and the expansion of its range of banking products.

Steps

01

Document Preparation

Prepare the company’s incorporation documents according to issuance and notarization requirements, personal documents of participants, and complete bank forms. Proper form completion and presentation of information are essential.

02

Application Submission

After preparing all documents, they must be submitted to the bank. During the review, the bank may send additional questions and document requests. Responses must be accurate and timely.

03

Verification

Banks usually require visiting their office for verification of company representatives. In some cases, online verification is possible.

04

Receiving Access and Account Details

Once the account is successfully opened, the bank assigns the company account details and provides access credentials. Full activation may require a prompt minimum deposit, from which an account opening fee (if applicable) may be deducted.

What Valartis Bank Offers

Bendura Bank allows residents and non-residents to open multi-currency personal or corporate accounts. The process can be conducted remotely — a personal visit to the bank is not mandatory.

Valartis Bank Liechtenstein provides clients with a wide range of banking products:

  • Deposits;
  • Investment consulting and funds;
  • Credit cards;
  • Operational banking services;
  • Various documentary banking operations;
  • Trading in securities, currencies, precious metals, and other financial instruments.

Our company specialists can provide consultation on any questions regarding Valartis Bank Liechtenstein.

Valartis Bank AG: What Is Needed to Open an Account

Typically, an account at Bendura Bank can be opened within 3-4 weeks after submitting all documents. However, the process may take longer due to compliance workload or additional information and documents requested from the client. Account management at Bendura Bank is possible:

  • Via the Internet;
  • By fax;
  • By phone.

To successfully open an account at Valartis Bank AG, original documents are required:

  • Corporate documents;
  • International and domestic passports of the beneficiary, shareholder, director, and account manager;
  • Other documents that Bendura Bank may request during application review.

Bank forms must also be completed and signed by the account manager and beneficiary.

Valartis Liechtenstein Bank Fees

Bendura Bank charges the following fees for services:

  • Account opening — 500 Swiss francs, deducted from the initial deposit;
  • The account must maintain a minimum balance of 5,000 francs at all times;
  • Account maintenance fee — 125 francs per quarter;
  • Any incoming and outgoing transfers — 0.125% of the payment amount, with a minimum of 125 and a maximum of 1,250 francs per transaction.

If you need to close an account, this procedure costs 1,000 Swiss francs.

Important: If a payment over 200,000 francs passes through the company account, Bendura Bank may request a copy of the invoice or contract to explain the origin of the funds.

If you need to open accounts at Valartis Bank, trust our experts. They will prepare the necessary documents, handle the account opening process, and provide advice on any questions if needed.

Free initial consultation on legal issues, related to the daily activities of the business

Additional services

Opening an Account in Bank Frick

Bank Frick is based in Liechtenstein, with its main office in Balzers. The bank was founded in 1998 and has a branch in the UK. It provides services to legal entities, including family businesses, pension funds, and financial companies. If you plan to conduct legal operations within Europe, Frick AG offers a reliable way to save and manage funds.

learn more

Frequently Asked Questions:

To open an account at Bendura Bank, you need to complete and submit KYC and AML bank forms, company incorporation documents, and personal documents of directors and beneficiaries. The bank may additionally request contracts with partners and other information. Key persons must undergo verification for successful account opening.
An account at Bendura Bank can be opened with a personal visit to the bank.
The current cost of maintaining an account at Bendura Bank can be found on the bank’s website or by contacting our specialists.
The speed of account opening depends on the company’s specifics and response time to bank inquiries. Typically, account opening takes about 2 months.

Cookie

This website uses cookies to enhance the user experience.