๐ฑ๐ฎ Opening a Bank Account in Liechtenstein
Honest assessment of business banking for foreign founders in Liechtenstein.
Liechtenstein has three major banks: LGT (owned by the Princely Family), VP Bank, and Liechtensteinische Landesbank (LLB). All three are well-capitalised, conservative, and specialise in private banking and wealth management. Corporate account opening for Liechtenstein entities is straightforward when facilitated by a licensed trustee. Banks conduct thorough KYC aligned with Liechtenstein's Due Diligence Act. Minimum deposit requirements vary but typically start at CHF 50,000โ100,000 for corporate accounts. CHF-denominated accounts are standard, with multi-currency options. Liechtenstein banks are experienced with holding structures, foundations, and blockchain-related businesses.
Tips for Success
- Have all company formation documents ready before applying โ trade licence, articles of association, certificate of incorporation.
- Prepare a clear business plan or description of your business activities, even if the bank doesn't explicitly ask for one.
- Consider digital/neo-banks as your first account โ they typically have faster onboarding for new companies.
- Apply to multiple banks simultaneously rather than sequentially โ rejection at one doesn't affect others.
This content is educational and does not constitute legal or tax advice. Always consult a qualified professional for your specific situation. Data last verified March 2026.