Banking is a fundamental part of any internationalization strategy, no matter if it is business or personal. There is a wide network of local and international banks in Albania along with payment services that provide the best banking service and ensure that financial needs are covered.

Banks in Albania have available the opening of accounts to foreign-owned companies, resident or foreign companies and offshore companies, including trust structures and foundations, to open bank accounts in EUR, GPB, USD. As well as personal accounts of non-residents.

Checking accounts are available in Albania where customers' continuous and chronological banking transactions are recorded. They can make cash deposits and withdrawals from their checking account and online banking transactions at any time.

The corporate checking account for local and foreign companies, including offshore companies gives you access to online banking and cards.

Trade finance services, investment products, and payroll services can be obtained. Through this checking account, companies are offered a safe place to store their savings in major currencies such as LEK, EURO, USD, GPB.

CAN TRUSTS BE CREATED IN ALBANIA?

Absolutely. Albanian banks have trusts available, which is a secure account in the name of the borrower, where the deposited money will be available once the condition defined in the contract has been met.

The benefits that we can enjoy from banking in Albania is the ease of international money transfer, all member banks of the SWIFT network allow various transfers to be executed quickly and safely.

The funds are established to reach the beneficiary within a maximum period of three business days, regardless of from or to which country they are sent.

If you want to open a bank account in Albania, at Foster Swiss we can help you.

We help you in practically everything: we advise you from the moment you choose the correct bank, requirements and procedures until after you have successfully created the application. And of course we take over the entire process for you.

   For more information on this topic or any requirement related to our services, you can contact directly through info@fosterswiss.com