Getting To Know The Banks In Andorra

If you want to live in Andorra, one of the most important things you should be aware of is bancos en andorra and how much the country and its citizens depend on it.

Basics

First things first, Andorra is dominated by five banks: Vall Banc, Andbank, Banc Sabadell d’Andorra, and Crèdit Andorrà. All the banks in Andorra have the same services provided by other banks all over the world. They focus on serving local clients, giving banking services to residents, and having several plans for local businesses in commercial banking.

If you have wanted to shift to Andorra for a while and have looked into every other aspect of living there except for banking, it’s salient that you know that you have a local bank account settled there already before you move completely. What is meant by that is that you should start a bank account in Andorra before you start the process of moving in. Look at it this way, it will help you when the contractors and brokers there start asking you to pay up for their services, and you won’t have to deal with the official part of it after. You can even order-in delicious meals with ease when you’re in the middle of unpacking if you have the financial part of moving in settled.

How To Start?

The prerequisites for opening an account in banks over in Andorra are generally like the remainder of the world. To successfully open an account, you’ll have to bring with yourself:

  • A substantial visa or another officially sanctioned public character card.
  • A document to confirm your current location.
  • A reference letter from your present bank.
  • Verification of financial action for those who work in companies and for those who are self-employed.
  • Verification of resource beginnings.

Sum up

It’s suggested that you bring your original documents, but if you can’t find them and have duplicates instead, they have to be approved by the bank before you get to make an account there.