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Banking in Andorra

Best banks in Andorra for expats & digital nomads

Opening a bank account is one of the first things you do after moving to Andorra. Here are the accounts that work for newcomers and non-residents, plus the fintech we would set up before you fly.

How to open a bank account in Andorra

Andorra's banking system consists of just three groups (Creand, Andbank, MoraBanc), all oriented toward residents and private-banking clients. Opening an account generally requires an in-person meeting, extensive due diligence and proof of source of funds, and often a substantial minimum; casual non-resident accounts are uncommon. Mainstream EEA neobanks (Revolut, N26, Wise, Bunq) do not serve Andorran residents, as Andorra is outside the EEA.

Top banks in Andorra

Creand (Crèdit Andorrà)

traditional
Largest domestic bank, private banking

Market leader; absorbed Vall Banc in 2022. Strong wealth-management focus.

Andbank

traditional
International private banking

Formed in 2001; the Andorran bank with the widest international network.

MoraBanc

traditional
Retail plus wealth management

100% Andorran-owned; strengthened retail base after acquiring Banc Sabadell d'Andorra in 2021.

Next steps in Andorra

See the full Andorra tax, cost and visa profile, or compare Andorra with other destinations. Not sure where to go yet? Take the finder quiz.