{"id":6748,"date":"2020-08-11T10:07:17","date_gmt":"2020-08-11T09:07:17","guid":{"rendered":"https:\/\/www.noghesdumonceau.com\/?p=6748"},"modified":"2020-08-11T10:07:17","modified_gmt":"2020-08-11T09:07:17","slug":"law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account","status":"publish","type":"post","link":"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/","title":{"rendered":"Law n\u00b01.492 of 8 July 2020 relating to the creation of a right to an account"},"content":{"rendered":"<p>The following are required to have a deposit account for the exercise of their professional activity in a credit institution established in Monaco and to keep it for the duration of their activity:<\/p>\n<ul>\n<li>any individual exercising a professional, craft, commercial or industrial activity;<\/li>\n<li>any public limited company, general partnership, limited partnership limited by shares or limited liability company.<\/li>\n<\/ul>\n<p>If they do not have a deposit account, they may open an account in a Monegasque credit institution:<\/p>\n<ul>\n<li>any individual of Monegasque nationality;<\/li>\n<li>any individual or legal entity domiciled in Monaco;<\/li>\n<li>any individual who is in the process of settling in Monaco and who is the holder of the receipt for the submission of the corresponding application for administrative authorisation;<\/li>\n<li>any legal entity being set up in Monaco and which can prove that it has completed the administrative formalities required for that purpose;<\/li>\n<li>any financial agent designated by the candidate(s) for election.<\/li>\n<\/ul>\n<p>The credit institution shall have 15 working days from receipt of the documents required to open an account and shall be obliged to provide the account holder with basic banking services. The account holder may only reject the application to open an account on certain grounds, in particular the conviction of the individual on the grounds of certain offences provided for in the Penal Code. The credit institution may also unilaterally terminate a deposit account on certain grounds.<\/p>\n<p><a href=\"https:\/\/journaldemonaco.gouv.mc\/Journaux\/2020\/Journal-8495\/Loi-n-1.492-du-8-juillet-2020-relative-a-l-instauration-d-un-droit-au-compte\">https:\/\/journaldemonaco.gouv.mc\/Journaux\/2020\/Journal-8495\/Loi-n-1.492-du-8-juillet-2020-relative-a-l-instauration-d-un-droit-au-compte<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The following are required to have a deposit account for the exercise of their professional activity in a credit institution established in Monaco and to keep it for the duration of their activity: any individual exercising a professional, craft, commercial&hellip;<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"post_series":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Law n\u00b01.492 of 8 July 2020 relating to the creation of a right to an account - Avocats et Juristes \u00e0 Monaco, Nogh\u00e8s-du Monceau<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.noghesdumonceau.com\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Law n\u00b01.492 of 8 July 2020 relating to the creation of a right to an account - Avocats et Juristes \u00e0 Monaco, Nogh\u00e8s-du Monceau\" \/>\n<meta property=\"og:description\" content=\"The following are required to have a deposit account for the exercise of their professional activity in a credit institution established in Monaco and to keep it for the duration of their activity: any individual exercising a professional, craft, commercial&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/\" \/>\n<meta property=\"og:site_name\" content=\"Avocats et Juristes \u00e0 Monaco, Nogh\u00e8s-du Monceau\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-11T09:07:17+00:00\" \/>\n<meta name=\"author\" content=\"Sara Palmer Hussey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sara Palmer Hussey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/\",\"url\":\"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/\",\"name\":\"Law n\u00b01.492 of 8 July 2020 relating to the creation of a right to an account - Avocats et Juristes \u00e0 Monaco, Nogh\u00e8s-du Monceau\",\"isPartOf\":{\"@id\":\"https:\/\/www.noghesdumonceau.com\/#website\"},\"datePublished\":\"2020-08-11T09:07:17+00:00\",\"dateModified\":\"2020-08-11T09:07:17+00:00\",\"author\":{\"@id\":\"https:\/\/www.noghesdumonceau.com\/#\/schema\/person\/8b5fb246ac46414ee15961bc773c0914\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\/\/www.noghesdumonceau.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Law n\u00b01.492 of 8 July 2020 relating to the creation of a right to an account\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.noghesdumonceau.com\/#website\",\"url\":\"https:\/\/www.noghesdumonceau.com\/\",\"name\":\"Nogh\u00e8s-du-Monceau Law Firm Monaco\",\"description\":\"Nogh\u00e8s-du-Monceau Law Firm Monaco\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.noghesdumonceau.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.noghesdumonceau.com\/#\/schema\/person\/8b5fb246ac46414ee15961bc773c0914\",\"name\":\"Sara Palmer Hussey\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/www.noghesdumonceau.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/45bb6642b29b7ac5f4c835bba150445b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/45bb6642b29b7ac5f4c835bba150445b?s=96&d=mm&r=g\",\"caption\":\"Sara Palmer Hussey\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Law n\u00b01.492 of 8 July 2020 relating to the creation of a right to an account - Avocats et Juristes \u00e0 Monaco, Nogh\u00e8s-du Monceau","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.noghesdumonceau.com\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/","og_locale":"fr_FR","og_type":"article","og_title":"Law n\u00b01.492 of 8 July 2020 relating to the creation of a right to an account - Avocats et Juristes \u00e0 Monaco, Nogh\u00e8s-du Monceau","og_description":"The following are required to have a deposit account for the exercise of their professional activity in a credit institution established in Monaco and to keep it for the duration of their activity: any individual exercising a professional, craft, commercial&hellip;","og_url":"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/","og_site_name":"Avocats et Juristes \u00e0 Monaco, Nogh\u00e8s-du Monceau","article_published_time":"2020-08-11T09:07:17+00:00","author":"Sara Palmer Hussey","twitter_card":"summary_large_image","twitter_misc":{"\u00c9crit par":"Sara Palmer Hussey","Dur\u00e9e de lecture estim\u00e9e":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/","url":"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/","name":"Law n\u00b01.492 of 8 July 2020 relating to the creation of a right to an account - Avocats et Juristes \u00e0 Monaco, Nogh\u00e8s-du Monceau","isPartOf":{"@id":"https:\/\/www.noghesdumonceau.com\/#website"},"datePublished":"2020-08-11T09:07:17+00:00","dateModified":"2020-08-11T09:07:17+00:00","author":{"@id":"https:\/\/www.noghesdumonceau.com\/#\/schema\/person\/8b5fb246ac46414ee15961bc773c0914"},"breadcrumb":{"@id":"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.noghesdumonceau.com\/en\/law-n1-492-of-8-july-2020-relating-to-the-creation-of-a-right-to-an-account\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/www.noghesdumonceau.com\/"},{"@type":"ListItem","position":2,"name":"Law n\u00b01.492 of 8 July 2020 relating to the creation of a right to an account"}]},{"@type":"WebSite","@id":"https:\/\/www.noghesdumonceau.com\/#website","url":"https:\/\/www.noghesdumonceau.com\/","name":"Nogh\u00e8s-du-Monceau Law Firm Monaco","description":"Nogh\u00e8s-du-Monceau Law Firm Monaco","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.noghesdumonceau.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"fr-FR"},{"@type":"Person","@id":"https:\/\/www.noghesdumonceau.com\/#\/schema\/person\/8b5fb246ac46414ee15961bc773c0914","name":"Sara Palmer Hussey","image":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/www.noghesdumonceau.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/45bb6642b29b7ac5f4c835bba150445b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/45bb6642b29b7ac5f4c835bba150445b?s=96&d=mm&r=g","caption":"Sara Palmer Hussey"}}]}},"_links":{"self":[{"href":"https:\/\/www.noghesdumonceau.com\/rest\/wp\/v2\/posts\/6748"}],"collection":[{"href":"https:\/\/www.noghesdumonceau.com\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.noghesdumonceau.com\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.noghesdumonceau.com\/rest\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.noghesdumonceau.com\/rest\/wp\/v2\/comments?post=6748"}],"version-history":[{"count":1,"href":"https:\/\/www.noghesdumonceau.com\/rest\/wp\/v2\/posts\/6748\/revisions"}],"predecessor-version":[{"id":6749,"href":"https:\/\/www.noghesdumonceau.com\/rest\/wp\/v2\/posts\/6748\/revisions\/6749"}],"wp:attachment":[{"href":"https:\/\/www.noghesdumonceau.com\/rest\/wp\/v2\/media?parent=6748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.noghesdumonceau.com\/rest\/wp\/v2\/categories?post=6748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.noghesdumonceau.com\/rest\/wp\/v2\/tags?post=6748"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.noghesdumonceau.com\/rest\/wp\/v2\/post_series?post=6748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}