# EFG International: The Entrepreneurial Private Bank > EFG International runs 40 locations from Zurich to the Bahamas and Singapore on a CRO banker model. Minimum not published — ~USD 0.5–1m market view. Author: Алёна Дунаева — юрист, Family Office (https://wiki.private.law/authors/dunaeva) Last modified: 2026-07-16T09:51:00.000Z Canonical: https://wiki.private.law/en/efg-bank Topics: banking Jurisdictions: switzerland Semantic tags: private-banking, wealth-planning --- EFG International is a Zurich-based private bank built around the banker rather than the product: its Client Relationship Officers operate with high autonomy and bring their own client books into the bank. EFG calls itself an entrepreneurial private bank — a rare case where the slogan accurately describes the business model ([efginternational.com](https://www.efginternational.com/private-banking.html)). ## The CRO model The idea: a CRO joins EFG with an existing client book and runs it like an entrepreneur, with broad discretion over decisions. For the client, that means negotiating with a person who holds real authority — not with a shopfront of standardised packages. The flip side: service quality depends on the individual banker more than in rigidly standardised houses. Choosing the right CRO is half the decision. > 🍓 EFG is the entrepreneurial private bank: autonomous CRO bankers, 40 locations from Zurich to the Bahamas and Singapore, and a historical flexibility towards non-standard international clients. No published minimum — the market benchmark starts at ~USD 0.5–1m, with entry agreed on request. ## Minimum investment There is no official minimum. Third-party sources cite entry from EUR 1m ([gsl.org](https://gsl.org/en/offshore/banks/efg-private-bank/)), while others quote from ~USD 500,000 depending on the client profile — all market estimates the bank does not confirm. Data as of July 2026. | Parameter | Value | Confirmation | | --- | --- | --- | | Entry threshold | Not published; ~USD 0.5–1m benchmark | Market estimate, on request | | Headquarters | Zurich | [efginternational.com](https://www.efginternational.com/us/about/locations.html) | | Locations | 40 | [efginternational.com](http://efginternational.com/) | | Model | CRO — autonomous bankers with own client books | [efginternational.com](https://www.efginternational.com/private-banking.html) | ## Locations Forty locations ([efginternational.com](https://www.efginternational.com/us/about/locations.html), data as of July 2026): Switzerland — Zurich, Geneva, Lugano; Europe — London, Luxembourg, Monaco, Liechtenstein; Asia — Hong Kong and Singapore; Americas — Miami, the Bahamas, the Cayman Islands; Middle East — Dubai and Bahrain. For a Swiss bank this is an unusually offshore-heavy map: the Bahamas and Caymans sit inside the group's own perimeter, not with partners. Combined with the Asian offices, it gives clients a wide booking choice within a single group. ## Compliance and difficult passports EFG has historically been more flexible than classic Swiss houses towards non-standard and international clients — a consequence of a model in which the banker is motivated to get their client onboarded. That said, the bank publishes no policy by citizenship: onboarding is case by case, sanctions restrictions apply in full, and residency plus source of funds decide the outcome. ## Who it suits International clients with complex income geography who want a banker with real authority and a booking choice from Switzerland to Singapore. Also those unimpressed by the standardisation of large machines like [UBS](https://wiki.private.law/en/ubs-private-bank); family-owned alternatives in the same segment are [LGT](https://wiki.private.law/en/lgt-private-bank) and [J. Safra Sarasin](https://wiki.private.law/en/safra-sarasin). The segment context sits in [private banking](https://wiki.private.law/en/private-banking). It does not suit portfolios well below ~USD 500,000, or clients who expect maximum institutional standardisation — much here rides on the individual CRO. ## FAQ ### **What is the minimum to bank with EFG?** The bank publishes no threshold. Market benchmarks run from ~USD 500,000 to EUR 1m depending on profile and booking centre; exact terms only on request. ### **What is the CRO model?** A Client Relationship Officer is a banker who joins EFG with their own client book and manages it with high autonomy. The client gains negotiating flexibility — and a dependence on that particular banker. ### **Where can EFG book an account?** The group spans 40 locations: Switzerland, London, Luxembourg, Monaco, Liechtenstein, Hong Kong, Singapore, Miami, the Bahamas, the Caymans, Dubai, Bahrain and more. The choice depends on the client's residency and goals. ### **Does EFG work with Russian citizens?** There is no public policy. The bank has historically been more flexible than most towards non-standard passports, but sanctions compliance is mandatory — every decision is individual and turns on residency and source of funds. --- ## FAQ ### What is the minimum to bank with EFG? The bank publishes no threshold. Market benchmarks run from ~USD 500,000 to EUR 1m depending on profile and booking centre; exact terms only on request. ### What is the CRO model? A Client Relationship Officer is a banker who joins EFG with their own client book and manages it with high autonomy. The client gains negotiating flexibility — and a dependence on that particular banker. ### Where can EFG book an account? The group spans 40 locations: Switzerland, London, Luxembourg, Monaco, Liechtenstein, Hong Kong, Singapore, Miami, the Bahamas, the Caymans, Dubai, Bahrain and more. The choice depends on the client's residency and goals. ### Does EFG work with Russian citizens? There is no public policy. The bank has historically been more flexible than most towards non-standard passports, but sanctions compliance is mandatory — every decision is individual and turns on residency and source of funds. --- ## Factual claims - It does not suit portfolios well below ~USD 500,000, or clients who expect maximum institutional standardisation — much here rides on the individual CRO.