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by Zsolt Szemerszky

Zsolt Szemerszky

Application inquiry for Monaco bank account

In the Principality of Monaco there are different conditions apply based on the nationality.
Please note that many banks in Monaco are part of the Association Monégasque Des Activités Financières (AMAF). Since May 2017, AMAF in Monaco recommends that its members ask for a minimum deposit of 500.000 Euro in case of Monaco residency applications.
For example inheritance, business activity, etc.