Monaco Banks

Welcome to our banks in Monaco section.

Establishing a bank account in Monaco is pretty straightforward, there are minimum deposits and as with bank account opening elsewhere in Europe the banks in Monaco will ask to see your passport. Some of the banks in Monaco will also ask for proof of your home address – a recent utility bill is normally good enough.

But an important question is which of the Monaco banks to open an account with?

One easy to follow bit of advice good accountants give their clients is not to open a bank account in Monaco with a bank from your home country. For example UK citizens should avoid Lloyds TSB, HSBC (domiciled in the UK), Barclays, RBS, Coutts, etc.

And German citizens similarly should avoid opening a bank account in Monaco with one of the German banks.

Free Monaco Banks Report

In our freely available report we tell you what is needed to open a bank account in Monaco, and give recommended real people names in Monaco banks to contact about opening a bank account in Monaco.

Complete your details below and we will send you by e-mail our report on opening a bank account in Monaco.

Please note that Monaco Banks require a 300,000 Euro opening deposit.