UNION BANK AG LIE

23.08.2018

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Opening an account with Union Bank AG is a really profitable solution. This is a relatively new and small bank in Liechtenstein, which does not have a restrictive framework for the balance and annual turnover. Its history begins after the starting point of the World Financial Crisis and 5 years later became so popular, that it began to open new accounts more slowly due to the large flow. There are a number of reasons for opening an account with the Union Bank AG, which are discussed below.

If you plan to open a Union Bank AG account, note that the institution has a focus on sound business strategies. A practical experience and expertise in the field of professional consulting services avoid risky investments and lending.

Liechtenstein is one of the countries with the lowest risk in its banking sectors.

The banks of Liechtenstein, especially Union Bank AG, have an average capital level of 21,3%, which means they are the most capitalized banks in Europe and around the world.

Opening an account with Union Bank AG: tariffs

There are no requirements for a minimum balance in the current account;
Free incoming payments;
A monthly service bank fee is 18 EUR;
A fee for outgoing transactions of up to 50,000 EUR through the SEPA system is 10 EUR;
A fee for outgoing transactions in the amount of more than 50,000 EUR through the SEPA system: a commission 0,125%, a maximum commission 1,000 EUR;
A fee for outgoing transactions of up to 50,000 EUR through the SWIFT system: a commission 0, 125%, a minimum commission 13 EUR, a maximum commission 1,000 EUR.

Union Bank AG is rated AAA. An absence of high-risk investment, the presence of a currency in the Swiss CHF and the country’s political stability contributed to the high ranking in the world.

Opening an account with a bank in Liechtenstein will satisfy your expectations. It is advantageous to open an account with Union Bank AG. Translation services are optional, because there is a Russian-speaking staff. A minimum turnover is 7 million EUR/per year.