Luxembourg Corporate Bank Account

Luxembourg is a renowned banking centre in the heart of Europe. It has a highly advanced infrastructure, making a Luxembourg corporate bank account a secure long-term solution for international businesspeople. The following information will help you determine whether a Luxembourg corporate bank account is the optimum solution for you:

Luxembourg is a reputable, politically-stable European country in which to open a corporate bank account.

A corporate bank account in Luxembourg portrays an excellent image internationally, important to your suppliers and customers.

The process to open a Luxembourg corporate bank account is straightforward.

Healy Consultants can open a Luxembourg corporate bank account on our clients' behalf without our client needing to visit Luxembourg. This is because of our close relationship with Luxembourg banks including HSBC, Standard Chartered and Citibank.

Entrepreneurs planning to open a Luxembourg corporate bank account should note that the Duchy is a member of the OECD (Organisation for Economic Cooperation and Development), which supports the exchange of bank customer information with fellow members.

A Luxembourg corporate bank account is available in multiple currencies.

A corporate bank account in Luxembourg is supported by a range of additional banking services, including international trade services (Import Finance; Export services; Risk Management and eCommerce) and investment banking services (for international private clients; international and local companies and trusts; charities and personal and corporate pension schemes).

For Healy Consultants to open a Luxembourg corporate bank account without the client visiting Luxembourg, we require certain due diligence information including: notarised copies of Passport and Driving Licence of all directors; the company's corporate documents, including certificate of incorporation, Memorandum and Articles and directors/trustees resolutions. This documentation must be certified by the local branch of the Luxembourg bank (or by a notary public) in the client's home country and evidence of the company's nature of business provided (e g sample invoices or purchase orders etc).

Healy Consultants' international banking team preparing a detailed business plan relating to our client's company to support the Luxembourg corporate bank account application. The business plan provides information on the company's activities, products and services offered, details of the company's suppliers and references to its clients and intended markets.

Healy Consultants' international banking team submitting the Luxembourg corporate bank account application form and business plan to the bank, together with the corporate and personal information outlined above.

Attendance to a bank interview in Luxembourg, by a Healy Consultants' local officer on your behalf, describing your global business activities and explaining why you require a Luxembourg corporate bank account. As described above, Healy Consultants can open a Luxembourg corporate bank account without the bank signatory and beneficial owners’ presence.

Paying the initial bank deposit to the Luxembourg bank on our client's behalf. A scanned copy of the bank deposit slip is emailed to our client as verification of the same.

On behalf of our client, Healy Consultants applies for corporate internet banking facilities to accompany the Luxembourg corporate bank account.

Healy Consultants applies for a credit card, ATM card and cheque book, on the clients behalf, to accompany the Luxembourg corporate bank account.

Healy Consultants international banking team receiving approval from Luxembourg for the opening of the corporate bank account.

Healy Consultants receiving the Luxembourg corporate bank account internet login and password information in a sealed letter, passed directly to our client.

Healy Consultants receiving a corporate cheque book in a sealed package that is passed directly to our client.

Healy Consultants receiving credit and ATM cards in a sealed envelope that is forwarded directly to our client.