Russian
English
Cost of account opening
от 790 EUR
General information
Name
Falcon Private Bank AG
Country
Switzerland
Official web-site
www.falconpb.com
Bank history
It was founded in 1965 (formerly Ueberseebank AG and AIG Private Bank). Since the beginning of 2009 - Falcon Private Bank was acquired by the Sovereign Fund of Abu Dhabi. In 2011, the London office of Clariden Leu was acquired. The head office of the Bank is in Zurich. The amount of Assets Under Management (AUM) as of June 30, 2013 is 13.9 billion CHF, and the capital adequacy ratio (Tier I) is 18.6%
World rating
2470
Country Rating
67
Founding date
1965
Account Opening Terms
Recommendations
Not required
Description of activity
Detailed
Account type
Savings
Minimal turnover
0
Accounts types
Personal; Corporate; Savings
Required documents
Completed bank forms; Copy of the client's passport; Standard set of corporate documents. Consideration of the issue of opening an account occurs immediately. In the case of PEPs, meeting of the Account Opening Committee is required
Transaction speed
The speed of payment depends on the currency: urgent payment in USD must be submitted by order before 16:00 (Swiss time) for the purpose of payment on the same day. GBP - before 9.00, EUR - before 12.00
Minimum balance
2000000
Limit of transfers (per month)
10
Initial founding fee
500000
Account opening nuances
Opening an account is possible without entering the country of the bank
Account opening, possibility
Calculated and perceived
Cost and nuances of account maintenance
Translation cost
The cost of the transfer (including the urgent one on the same day) is 30 CHF excluding the tariffs of third parties (correspondent banks)
Enrollment fees
The bank does not charge a fee for crediting
Account maintenance cost
The cost of maintenance is 1 000 CHF per year. It includes the maintenance of three currency accounts (does not include the storage of statements) and Internet-banking. In the case of ordering investment portfolio management services, All in fee is charged, which varies depending on the size of the portfolio. For portfolio of up to 2 million CHF, the tariff is 1.2%
