Offshore Banks In Austria - Honesty - Privacy

Austria has evolved into a sophisticated international banking center. While Austrian banks do not have as many foreign clients as Switzerland, Luxembourg, or Liechtenstein, virtually every banking and brokerage service you can imagine is available. Banks in Austria offer similar services as these countries, but at a lower cost, and historically, with a somewhat lower profile. For many reasons, an Austrian bank account offers an ideal entry point into the world of international investment. Austrian banks are safe and well capitalized. Strict internal controls apply, and all banks are subject to an annual external audit for compliance with Austrian banking laws, commercial laws, and accounting standards. Investments in an Austrian bank account are also covered by a deposit guarantee scheme (Einlagensicherung) of €20,000 per depositor. Offshore Banks In Austria