account opening fees Archives

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account opening fees

Why does Prominence Bank charge a fee, but other banks don’t?

November 3, 2024admin

Different banks offer different services and have varying cost structures. While some banks may not charge an upfront fee, they may have higher transaction fees or require a minimum balance. Our fee structure is transparent and allows us to provide the specialized, secure, and confidential banking services that our clients value. Benefits of Banking with...

Is there any way to avoid the €25,000 account opening fee?

November 3, 2024admin

At this time, the €25,000 fee is non-negotiable. This fee is a fundamental part of our service model, ensuring we can maintain the high level of security and compliance required for our clients.

Why is the opening fee so high?

November 3, 2024admin

The fee reflects the comprehensive suite of services we provide, including: • Secure, anonymous account management: We prioritize the discretion and privacy of our clients, safeguarding their financial transactions. • International banking infrastructure: We maintain a network of trusted correspondent banks globally, facilitating seamless international transfers. • Robust security measures: We invest in advanced security...

Why does Prominence Bank have a €25,000 account opening fee?

November 3, 2024admin

Why Does It Cost €25,000 to Open an Account? The €25,000 fee is not just an opening cost—it is an investment in privacy and peace of mind. Here’s why: 1.Enhanced Security Measures Managing completely private accounts requires specialized infrastructure, advanced security protocols, and compliance with international banking regulations. This ensures your account remains protected from...