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Private banking in Luxembourg: how it works and what it offers
Luxembourg private banking is among the most respected in Europe. It attracts large estates seeking secure custody, geographic diversification and access to international investment vehicles in the leading financial centre of the euro area.
What private banking in Luxembourg is
Private banking provides a personalised service to clients with significant wealth: a private banker acts as a single point of contact for the entire relationship, coordinating custody, investment, financing and wealth planning with confidentiality.
Luxembourg adds to that service an environment of political, regulatory and fiscal stability, an AAA credit rating and the largest fund industry in Europe.
Main advantages
- Custody and geographic diversification of assets.
- Multi-currency operations (euros, dollars and pounds).
- Access to international funds, fixed income and equities, SICAVs, Unit Linked and discretionary management.
- Portfolio-backed financing (Lombard lending).
- A single point of contact and confidentiality.
Operating with Bankinter Luxembourg
At Quality Finance Wealth Management we work with Bankinter Luxembourg, S.A., the first Spanish bank with a full banking licence to operate in Luxembourg (operating since 2013, based in Kirchberg). This lets clients combine the strength of the Bankinter group with the advantages of the Luxembourg marketplace.
As an entity registered with the CNMV as an Agent of Bankinter, we guide you through the whole process, from the initial analysis to setting up the structure.
How to open a relationship
The first step is to review your wealth situation and objectives to assess whether this marketplace fits you. From a reference amount of €500,000, we study the available options together with full transparency.
Frequently asked questions
What is the minimum for private banking in Luxembourg?
The reference amount to open a private banking relationship in Luxembourg usually starts at €500,000. Some bespoke management or advisory services require higher amounts.
Can I hold private banking in Luxembourg as a Spanish resident?
Yes. Banks such as Bankinter Luxembourg are particularly attentive to Spanish residents. You must still meet your tax obligations in Spain, such as the modelo 720 where applicable.
Is private banking in Luxembourg the same as Switzerland?
Both are leading centres. Luxembourg has the advantage of being inside the European Union and the euro area, AAA-rated and with a regulatory framework harmonised with the rest of the EU.
Take the first step
Book a call with no obligation and we will study together whether investing in Luxembourg fits your wealth.
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