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Offer of Bank Account Opening with
Schoeller Bank (Austria)

Rengasse 3, 1010 Vienna, Austria
General Description The bank was founded in 1833. Schoeller bank is one of the leading private banks in Austria specializing in investments.

The value of securities currently being managed amounts to 7 billion Euros.

Schoeller bank has a lot of subsidiaries in the country (Vienna, Sankt Pölten, Graz, Zalzburg, Linz, Wels, Klagenfurt, Villach, Bregenz and Innsbruck).

Schoeller bank is a 100% subsidiary bank of UniCredit Bank Austria AG.

Credit Ratings
Ratings are inapplicable to private banks, but the bank received a title of "Property Managers Elite in 2009".
Methods of Account Management
Internet-bank, fax, telephone, and e-mail
Types of Accounts
Saving and investment
Currencies of Account
Minimum Average Monthly Balance and Other Bank Requirements for its Clients
EUR 70 000 (an initial contribution in the amount of EUR 250 000 must be deposited)
Urgent payments: from EUR 10;

Payment in Europe in the amount of up to EUR 50 000: free of charge.

Language of Communication
English, German, and Russian
Plastic Cards
MasterCard and Visa
Investment Programs
The bank is ready to offer a wide range of investment programs.
Brief Description of Account Opening Procedure
Filling in the forms necessary to open an account and the signing of such forms, together with all other formalities required to open an account, shall be carried out in our company office with the support of the bank's representative and our specialists.

A client can also visit the country of the bank's office seat at his discretion.

The following information and documents are necessary to open an account:

- original constituent documents of the company (when opening a corporate account);

- originals and copies of documents of identification confirming the account holder's residential address;

- client's business description (in free format);

- it is obligatory to provide details of the address at which business is actually conducted;

- CV of the company beneficiary (for corporate clients) in free format.

Period of Account Opening (approximately)
3-4 weeks from the date of the bank's receipt of all the stated documents and information
Fees for account opening assistance USD 950