Bank account opening in Austria with European American Investment Bank AG (Euram Bank).

Corporate bank account in Austria with European American Investment Bank AG (Euram Bank), including internet banking facilities for your investment and savings purposes. Euram bank is fully independent private bank which focused on investment and asset management services for domestic and international clients.

Please note: For the account opening procedure you will need to provide a full set of apostilled company documents if your company is registered outside of Austria.

PACKAGE SERVICES

Corporate Account Opening Fees

  • Verifying personal & corporate documentation
  • Completion of the bank forms which will be forwarded to you for signing with relevant instructions
  • Sending the full package to the bank for approval
  • Monitoring the account opening process until account allocation and banking package is received

We consider our service completed once you obtain the bank account number. Due to the bank-customer relationship, we will no longer be able to contact the bank on your behalf after the bank account is opened.
$ 650
ADDITIONAL SERVICES
BANK PRODUCTS & SERVICES

MasterCard Quintilian/Visa card Gold

Assistance with obtaining of MasterCard (Quintilian) premium with annual maintenance EUR 800 or Visa Gold card with annual maintenance EUR 300.
$ 100

Payment methods

TOTAL: $ 650

Facts & Info for Euram Bank:

About the Bank

European American Investment Bank AG (Euram Bank) was established in Vienna in 1999. Euram Bank is a fully independent Austrian Private Bank which is 100% owned by its managing partners and private investors.

The bank offers full range of banking and investment solutions for wealthy international and domestic private clients, family offices, private companies and financial institutions.

Through a well established network of partner firms, Euram Bank facilitates comprehensive corporate finance advice and tailored transaction support to private owners, institutional and corporate investors regarding the sale and acquisition of private companies and assets as well as on raising capital.

Facilities

WHAT EURAM BANK OFFERS:
  • Full range of banking services
  • Accounts in all major currencies
  • Customer support in English, Russian, French, Bulgarian, Czech, Hungarian
  • Maximum number of payments allowed - 20 per months
  • Internet-banking (view only)
  • MasterCard premium Quintilian
  • Professional investment consulting
  • Portfolio management
  • Investment in global securities, currencies, derivatives and precious metals
  • Family Office services
  • Corporate finance advisory
  • Securities lending and special financing
  • Fiduciary services

The approximate timeframe for account allocation from 3 business days receipt of the original documents by the bank.


BANK TARIFFS AND CHARGES
Euram Bank can be considered as a medium-cost bank with respect to incoming/outgoing payments and account maintenance. Incoming payments are free of charge and outgoing payments vary from EUR 10 - EUR 1000. The monthly fee for account maintenance is EUR 60 and includes internet access.

  • PLEASE NOTE that bank tariffs may be changed anytime at the sole discretion of the bank, we therefore suggest to contact us or visit the bank’s website for updated details on specific fees and charges.
  • STARTING BUSINESS professional service fee for the assistance of bank account opening does not include any bank charges and commissions, account maintenance fees, transaction fees, initial deposit or minimum balance.

  • Requirements

    REQUIREMENTS FOR CORPORATE ACCOUNT SET UP WITH EURAM BANK IN AUSTRIA
    • Personal presence is required
    • Minimum balance required of EUR 100,000
    • Initial deposit required of EUR 100,000
    • Account opening timeframe. The account will be activated within 3 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 Banker'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.
    IMPORTANT NOTE: LICENSABLE BUSINESS ACTIVITIES

    If you conduct any activity without required license or authorization granted by a relevant authority in any jurisdiction, STARTING BUSINESS will not be able to assist you with the company formation or bank account opening related to such unlicensed activity.

    Licensable activities include, but not limited to: provision of financial services involving trading/brokerage in foreign exchange, financial and commodity-based derivative instruments and other securities; offering investment advice to public; insurance and banking business; operation and administration of collective investment schemes and mutual funds; payment processing services; money exchange, money transmission or money brokering; asset management; safe custody services; gaming, gambling and lotteries.

    Please contact us if you need our assistance in licensing of your financial, Forex brokerage or gambling company.
    SHIPPING COST
    Shipping of banking kits to your destination requires an extra charge and will be automatically added to the invoice during checkout. Shipping costs for international courier services are set automatically and can vary from USD 75 to USD 95. The fees depend on the jurisdiction where the bank is based as well as your destination country.

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    Need Assistance?

    +44 (0) 203-519-1398

    Mon-Fri 8am-6pm EET

    sales@startingbusiness.com

    1 business day response