Andbank Monaco S.A.M.

Andbank Monaco S.A.M. is the Monaco-based entity of the Andbank Group and focuses on private banking and wealth management for high-net-worth and ultra-high-net-worth clients, family offices, and select corporates. It typically offers multi-currency accounts, custody and safekeeping of financial instruments, discretionary and advisory portfolio management, execution and brokerage, foreign exchange, payments, and secured lending such as Lombard loans; wealth planning and structuring are generally provided in coordination with external specialists or other group entities. The institution operates under Monegasque financial regulations, applies standard suitability and appropriateness checks for investment services, and follows international tax transparency rules including CRS and FATCA. Onboarding usually requires comprehensive KYC documentation (identity, address, tax status, and verifiable source of funds/wealth) and may involve in-person or certified remote processes depending on the client’s jurisdiction and risk profile; minimum relationship sizes are customary and set case by case. Pricing combines custody and account maintenance charges, management or advisory fees, transaction commissions, and FX margins, with detailed tariffs available on request and negotiable based on mandate and volumes. Clients generally have access to online banking and portfolio reporting; service is delivered in multiple languages common to the Monaco market. Investor and deposit protection may be available through applicable schemes; coverage, limits, and eligibility depend on the institution’s affiliations and the custodian setup and should be confirmed directly (for example, French FGDR frameworks commonly apply to eligible Monegasque institutions, with standard limits). The bank’s risk policies, product shelf (including funds, structured products, and fixed income), and lending terms are subject to regulatory requirements and internal approvals, and services are not universally available across all jurisdictions.