The biggest portal about international asset protection and diversification

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The biggest portal about international asset protection and diversification

+507 848 3045
+44 7700 304814
+372 5 489 53 37
+381 6911 12327

Cost: 1999 EUR


Open a Private Account with the East West United Bank

In today’s world, maintaining confidentiality and efficiently protecting your assets becomes increasingly difficult. Many choose the way of diversifying their assets as a more reliable way of protecting them. Luxembourg’s financial sector is ideal for this purpose and offers a full range of services that cover the priorities of international clients. In this regard, we would like to offer you the opportunity to remotely open an account with the East West United Bank in Luxembourg.

Luxembourg is one of the largest financial centers in Europe and in the world. Luxembourg’s financial sector, thanks to historically high quality standards, attracts clients from all over the world. Luxembourg’s attractiveness is not limited to the stability of its political, legislative and financial systems, but the country also offers a favorable business environment created by the authorities, and a high level of security and protection of information.

Luxembourg also owes its international financial profile to the expertise of professionals who are able to take into account the individual needs of their clients in developing efficient growth strategies.


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East West United Bank

We would like to offer you seeing it firsthand that the quality standards of financial services in Luxembourg are very high. The East West United Bank is one of the most famous financial institutions in the country and it offers a wide range of services that meet the requirements of wealthy clients from all over the world. Highly qualified bank specialists are always ready to advise you on any issue related to making decisions in the field of finance, remaining in compliance with the current legislation.

The official opening of the East West United Bank took place in the autumn of 1974. The East West United Bank was one of the first foreign banks in Luxembourg to develop trade relations between the Benelux countries and the Soviet Union.

In addition to other foreign languages, the East West United Bank specialists also speak Russian. Particular attention is paid to ensuring that the proposed solutions are shaped into paperwork correctly both from the point of view of Luxembourg and from the point of view of other jurisdictions.

The East West United Bank does not just offer a wide range of standardized financial solutions to wealthy clients, but it also strives to ensure that these solutions meet the business objectives of the clients and are properly designed form the legal standpoint. The bank’s goal is to meet the client’s needs by minimizing market and regulatory risks as much as possible.

Special Advantages of the East West United Bank:

  • It is the only Russian private bank in Luxembourg (and one of the few in Europe) with a full-fledged banking license;
  • Clients’ accounts are operated under the Luxembourg banking secrecy;
  • Higher deposit rates;
  • The bank’s investment products are implemented in accordance with the Russian tax and currency laws;
  • Attractive jurisdiction in the heart of Europe, providing stability, a high standard of living, one of the most developed tax and financial systems in the world for doing business, and it is relatively easy to obtain a residence permit in Luxembourg.

Conventional Banking Services Provided by the East West United Bank:

  • Accounts and deposits;
  • Bank cards;
  • National and international transfers;
  • Bank safe deposit boxes;
  • Bank safe deposit boxes for works of art.

Money Management:

  • Settlement operations in different currencies;
  • Internet banking;
  • Deposits;
  • Credit cards.

Private Banking with the East West United Bank

The East West United Bank also offers private banking. At your service: e-banking service, bank statements on your portfolio or the On Demand Service as well as your private advisor.

Private Equity Management with the East West United Bank

Types of Structures:

  • EWUB Business Banking;
  • Trust;
  • Private fund;
  • Family office;
  • Life Insurance product via private placement of assets;
  • Services and investment opportunities.

Private Wealth Management Services:

  • Fiduciary deals;
  • Market access/brokerage services;
  • Investments in the works of art;
  • Individual offers.

Client Business Support:

  • Opening and maintaining settlement accounts of legal entities;
  • Tax and financial planning (in partnership with the leading experts in relevant areas), including support for obtaining a residence permit in Luxembourg.

The East West United Bank is also happy to offer other services to private clients, such as assistance in selecting the real estate, in the arranging settling abroad and in organizing education of clients’ children.

Clients that belong to the privileged S-Club are also provided with the following services:

  • Preparation of your trip to Luxembourg;
  • Use of the bank’s meeting rooms for your important business meetings in Luxembourg;
  • Personal invitation to the EWUB events;
  • Personal invitation to the international events of the bank’s partners.

Rates of the East West United Bank

Bank transfers (EWUB reserves the right of applying effective correspondent rates if they are significantly higher than stated)

 EURUSDRUBOther currencies1
Incoming paymentsFree of chargeFree of chargeFree of chargeFree of charge
Outgoing payments    
Payment time3 p.m.4 p.m.12 p.m. noonPlease consult your client service manager
Via Internet banking/SWIFT0.1%
min EUR 15,
max EUR 75
min EUR 15,
max EUR 75
min EUR 15,
max EUR 75
min EUR 15,
max EUR 75
Manually (other ways)0.7%
min EUR 25,
max EUR 200
min EUR 25,
max EUR 200
min EUR 25,
max EUR 200
min EUR 25,
max EUR 200
Internal transfers    
Via Internet bankingEUR 5EUR 5EUR 5EUR 5
Manually (other ways)EUR 10EUR 10EUR 10EUR 10
Additional payment for bank transfer instructions (if possible)EUR 50EquivalentEUR 50Not applicableEquivalentEUR 50
Registration of a permanent order-instructionFree of chargeFree of chargeFree of chargeFree of charge

The list of available currencies can be provided by your client service manager

Except for internal transfers between the accounts of the same client which are free of charge

Manual cash (upon request sent at least 2 business before) 

CurrencyDaily limitFee
EURUp to EUR 10,000.00Free of charge
EUREUR 10,000.01 or more1% of the amount withdrawn, over EUR 10,000.00
Any other currency (if possible)Any2%

If the ordered banknotes are not withdrawn on the specified day, additional commissions of 0.25% will be written off from the client’s account.

Bank Cards

Issuing a business cardFree1
Monthly maintenance of one cardEUR 25
Cash withdrawal fee (not from the EWUB ATMs)2.50% (min EUR 5)
Transactions with a currency other than a card account currency (at a rate determined by the payment system)3%
Replacing a faulty cardFree1
Blocking and replacing a lost/stolen cardEUR 1001

1If the client does not pick up the card in person, it is delivered by express mail, the shipping cost is EUR 35.

Procedure of Opening a Private Account with the East West United Bank Remotely

  1. First of all, you need to decide about opening a private account with the Luxembourg-based East West United Bank and contact us for a professional advice and assistance in opening your account by email to: [email protected].
  2. After that we will ask you to pay for the support and assistance in opening a private account with the East West United Bank in accordance with the service agreement. The payment can be made by bank transaction, card, via PayPal, WebMoney, Western Union. The fee for the service to be provided will be 1999 EUR.
  3. And finally you will collect and present the documents necessary for opening a private bank account with the East West United Bank.

In order to open a private account remotely you will need the following:

  • Notarized copy of your travel passport (pages with your photo and signature).
  • Proof of residence (utility bills);

Notarized copy of your utility bill, or an original of your utility bill, or a bank account statement to confirm your residence address.

Note: This document must be no older than 3 months by the time the account-opening package is submitted, and it must be translated into English and notarized. –

  • Proof of non-criminal origin of funds: tax declaration or certificate of earned income from your employer, etc.

Note: the amount of your minimum balance should be 500,000 euro. These funds will not be blocked in the account, but they will be placed in the instruments offered by the bank.

Under the Luxembourg law, EWUB can accept the documents certified as follows:

  • Notarized copies, or copies certified by the registration agent and properly apostilled;
  • Copies certified by an agency under the financial supervision of a regulator in the country, recognized to be equivalent in terms of the AML procedures;
  • Copies of the original documents made and certified in the presence of an EWUB employee.

As for the KYC procedure, the bank will need the following information regarding the business that the client is going to carry out with EWUB:

  • The nature, amounts and frequency of incoming and outgoing account payments.
  • The client’s main partners (to whom the funds will be transferred, and where they will come from).
  • The source of the beneficiary’s funds, how they were earned?
  • What kind of business is planned to be carried out with EWUB?

Should you have any questions regarding opening a private account with the East West United Bank (Luxembourg), please do not hesitate to contact us by email to: [email protected].

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