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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.

Services Provided by Frick AG

The institution offers corporate account opening services and related financial support. Regular clients can also apply to open savings, personal, investment, and crypto accounts.

Opening an account at Frick AG takes about 2 months — the time required to review the document package. If the bank administration has questions regarding the submitted documents, additional information may be requested, which can extend the review period. The client does not need to visit the bank in person; account management is done through online banking.

Steps

01

Document Preparation

You must prepare the company’s incorporation documents, considering issuance and notarization requirements, personal documents of company participants, and complete bank forms. Proper form completion and accurate presentation of information are essential.

02

Application Submission

After preparing all documents, they must be submitted to the bank. During review, the bank may send additional questions and requests for documents. It is important to respond accurately and timely.

03

Verification

Verification must be completed by visiting the bank’s office.

04

Receiving Access and Account Details

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

Fees and Requirements for Opening Accounts at Bank Frick

The bank requires a standard document package confirming the stability and legality of the business and responsible individuals, for example:

  • Documents confirming the identity of the company’s director.
  • Documents of the account manager and actual owner.
  • Proof of residence — utility bills should be prepared.
  • Incorporation and registration documents of the legal entity.

Bank Frick requires original documents or notarized copies. Prospective clients should also consider the current fees:

  • Account opening — from €44, depending on business activity.
  • Minimum balance — €229,000.
  • Transfers — from €4.5.
  • Maintenance — from €5,800.

The bank does not work with residents of Russia and Ukraine, including individuals and beneficial owners of legal entities.

Support in Opening and Managing Accounts at Frick AG

The process of opening an account at Bank Frick can be accelerated, and the likelihood of refusal minimized, if you contact our experienced specialists. We can organize the collection of the required document package according to current bank requirements and manage your accounts. Have questions? Contact us through any available method.

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

Additional services

Opening an Account at Bendura Bank (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, which facilitates communication with international clients. The bank is noted for its highly professional staff, continuous improvement in service quality, and expansion of banking products.

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Frequently Asked Questions:

To open an account at Bank Frick, you must complete and submit KYC and AML forms, the company’s 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 Bank Frick can be opened by visiting the bank in person.
Current account maintenance fees at Bank Frick can be found on the bank’s website or by consulting our specialists.
The speed of account opening depends on the company’s specifics and responsiveness to the bank’s questions. Typically, opening an account takes around 2 months.

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