EFG Bank (Monaco) products, services and reviews

About EFG Bank (Monaco)

EFG Bank (Monaco) is a private bank operating in the Principality of Monaco as part of the broader EFG group; it provides wealth management and private banking services to high-net-worth individuals and families, including discretionary portfolio management, investment advisory, custody and execution services, credit facilities and estate planning support. The bank maintains a local presence in Monaco and leverages the international network and product access of its parent group for cross-border investment solutions and multi-currency accounts. Client onboarding is subject to standard know‑your‑customer and anti‑money‑laundering procedures, and minimum relationship sizes are typical for private banking, with specific thresholds and fee schedules provided on a case-by-case basis rather than published comprehensively. Digital and e‑banking services are available alongside face‑to‑face relationship management; product offerings include third‑party and proprietary investment funds, structured products and access to external asset managers. As with other banks operating in Monaco, legal, regulatory and depositor protections differ from those in Switzerland or EU member states and are governed by Monegasque law; prospective clients should review regulatory disclosures, fee structures and counterparty risk before establishing a relationship.