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How to open an account in Monaco ? Opening a bank account in Monaco is relatively simple. All you need is a valid resident card or proof of identity. The law states that banks must verify people's identity, collect information about their financial situation and their reasons for opening an account in the Principality.
Opening a bank account in Principality of Monaco is not like opening one in your home country, where all you need is a walk into any bank down the street with your driver’s license and 10$. Swiss banks are very cautious in dealing with new clients that are not introduced by someone they know.
Compare interest rates for savings and deposits from major banks within Monaco. Find the highest yield for fixed deposit, savings account, time deposit and cd accounts in Monaco, Europe and around the world.

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There are currently 18 banks operating in Monaco, 9 banks were recently closed. The list of banks (ordered alphabetically) operating and recently closed in Monaco is shown below. For each bank contact details, bank identifiers, bank category, credit ratings (if assigned), deposit guarantee, key financial data are available.
A minimum deposit is the minimum amount of money required to open an account with a broker, financial advisor or bank. It is sometimes called an initial deposit or, in the case of bank accounts.
They also have significant minimum deposit requirements; While the euro is the official currency of Monaco, US dollars are also widely accepted. Most banks also offer accounts in other main currencies. Healy Consultants Monaco corporate banking services. Healy Consultants assists our Clients with opening a corporate bank account in Monaco.

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EFG Private Bank Limited is a UK division of EFG International, a banking group which is headquartered in Zurich, Switzerland and operates in around 30 locations worldwide, including Hong Kong, Singapore, Monaco, Luxembourg, Liechtenstein, Guernsey, Jersey etc) Personnel: The bank has over 2300 staff, including Russian-speaking officers
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Risk warning It is important to note that the capital value of, and income from, any investment may go up or down and you may not get back the full amount invested.
Legal Information The information on this site refers to services or products which are not available in certain locations, or which, in any relevant location, may have components, methods, structures and terms different from the ones described, as well as restrictions on client eligibility.
Please contact a Relationship Manager for details of services and products that may be available to you.
This information is entirely qualified by reference to the terms and conditions of the specific service, if any, provided by the relevant HSBC company.
Nothing here is to be deemed an offer, solicitation, endorsement, or recommendation to buy or sell any general or specific product, service or security and should not be considered to constitute investment advice.
If you have concerns about any investment or are monaco bank account minimum deposit about the suitability of an investment decision, you should contact your Relationship Manager or seek such financial, legal or tax advice from your professional advisers as appropriate.
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By clicking "Send message" you agree to authorize Monaco Bank and Trust to contact you on the phone or email previously provided, even if registered with Do Not Call registry, or requested Monaco Bank and Trust to not send marketing information to you.
How to open an account in Monaco ? Opening a bank account in Monaco is relatively simple. All you need is a valid resident card or proof of identity. The law states that banks must verify people's identity, collect information about their financial situation and their reasons for opening an account in the Principality.
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