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Bank account in Austria

The Austrian banking system is about 200 years old. Over the years, it has established itself as one of the most reliable. To open a bank account in Austria, you must have a residence permit and a residence permit (or a temporary residence permit). Non-residents have recently been unable to open a bank account. Opening an account in an Austrian bank is simply necessary for those who came to this country to study, on a long-term visa, work under a contract or own a business associated with European countries. When registering a company, at least the personal presence of the managing director is required to sign and fill out bank documents. Banks divide clients into two categories: Austrian citizens - Deviseninlaen-der and those who came to the country for a while and has a permanent place of residence outside the state - Devisenauslaender. Tourists who have a three-month visa open fall into the second category. They can choose from six account options in Austria. The most popular is Sparbuch, which issues a bearer passbook. It is enough to show it by naming the secret word, and you can get the indicated amount. This is convenient if the client cannot often visit the country and trusts a third party to withdraw money by proxy. In this case, the amount of up to 45,000 euros will be issued without prior ordering. The passbook itself and the password word can be saved in an individual bank safe.

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