About Deutsche Bank AG

The bank requires an apostille for all corporate documents. The Bank does not work with companies registered in the Pacific region (Nauru, Vanuatu, Cook Islands, Niue, Palau, etc.), as well as with the Seychelles and Antigua.

Terms of account opening

Terms of account opening:

• About 7-14 working days from the moment the documents are received by the bank branch.

Minimum requirements:

• The minimum investment amount is $200,000. Up to 3 transactions per month are allowed.

Personal presence:

• Bank forms for opening an account are signed in our office. A week later, the result is reported.

Account type:

• Personal (including numbered), Corporate.

Account management:

• Personal banker. The system is “personally known ”.

Bank services

Being universal, the bank works with any financial instruments, be it guarantees, letters of credit, etc. But the terms of work are discussed with each client separately. Safe boxes are available for rent at a price of 43 to 189 Euro per year.

Advantages

The bank is one of the most famous investment institutions in the world. At his disposal there are more than 100 investment funds around the world of various investment orientations, riskiness and profitability. In 1999, the return on the “conservative” portfolio was 7.6%, on the “balanced” portfolio – 16.1%, and on the “aggressive” one – 24.9%. The bank’s tariffs for managing these portfolios are 1.6%, 1.75%, 1.9% per annum, respectively, and are based on the “all inclusive” system. The yield on deposits is naturally tied to the Libor rate and currently (July 99) is 6.25% with a deposit of 200,000 and a period of 12 months.

Brief information about the bank

The bank is built on the cooperative principle: 9 regional banks are shareholders of the head bank. The shareholders of regional banks are more than 1,700 bank branches throughout the country and 700 associated structures.

Austria's Corporate Law