New Resident Guide 2022

Page 19

BANKING

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s one would expect of a PIEHMRK MRXIVREXMSREP ǻRERGMEP centre, Bermuda has a highly sophisticated and well-respected banking industry. That’s good news, because once you have relocated to Bermuda, you will need a local bank account to receive and make payments, and support any EHHMXMSREP ǻRERGMEP VIUYMVIQIRXW ]SY may have. Headquartered in Bermuda for SZIV ]IEVW 'YXXIVǻIPH MW E leading independent bank and XVYWX GSQTER] SǺIVMRK E JYPP VERKI SJ WIVZMGIW ERH ǻRERGMEP WSPYXMSRW 'YXXIVǻIPH [EW VIGIRXP] REQIH Bermuda’s 2021 Bank of the Year by The Banker and 2022 Best Private Bank by Global Finance. .X SǺIVW GLIUYMRK ERH WEZMRKW accounts in both Bermuda and US dollars, and makes it simple to set up your local banking services. You can download and complete an account application form by visiting [[[ FYXXIVǻIPHKVSYT GSQ ERH FVMRK MX MRXS 'YXXIVǻIPH [LIR ]SY EVVMZI SR MWPERH MQTP] ZMWMX 'YXXIVǻIPHƶW 7IMH Street Banking Centre in Hamilton to complete the application process. Once you open an account, you EVI IPMKMFPI JSV 'YXXIVǻIPHƶW 5PEXMRYQ Debit Card, which provides a host SJ IZIV]HE] FEROMRK FIRIǻXW EX RS New Resident 2022

EHHMXMSREP GSWX 'YXXIVǻIPH MW EPWS XLI exclusive provider of credit cards featuring AAdvantage rewards and Avios that can be redeemed for bookings with American Airlines, British Airways, and their OneWorld partners. If you require a more bespoke solution for your banking needs, 'YXXIVǻIPH TVSZMHIW 5VIQMYQ and Private Banking services for qualifying customers. Premium Banking customers enjoy services of a dedicated Relationship Manager who is their single point of contact for access to all products and services. 'YXXIVǻIPHƶW 5VMZEXI 'EROMRK WIVZMGIW are geared toward high net worth and ultra-high net worth individuals SǺIVMRK GPMIRXW TIVWSREPMWIH ǻRERGMEP plans and services including asset management and trust. No matter where you work or choose to live in Bermuda, you’ll be GPSWI XS ]SYV QSRI] EW 'YXXIVǻIPH has ATMs located across the Island, as well as three Banking Centres for your everyday needs. And if you are travelling to the US, Canada, the 90 SV *YVSTI 'YXXIVǻIPH QEOIW obtaining cash for your trip extremely convenient with its multi-currency ATMs located in the International Departures lounges at the L.F. Wade International Airport.

;MXL 'YXXIVǻIPH 4RPMRI ERH XLI 'YXXIVǻIPH 2SFMPI 'EROMRK ETT you have secure, 24/7 access to your accounts. And if you opt for the ability to send wires, you can easily transfer funds to personal or family accounts around the world. If you need a loan for a car or a motorcycle to get around the island, furnishings for your new home, or perhaps a boat to make the most of your weekends, 'YXXIVǻIPH LEW ]SY GSZIVIH [MXL a range of personalised lending solutions at very competitive rates. 'YXXIVǻIPHƶW EWWIX QEREKIQIRX XIEQ EPWS SǺIVW E VERKI SJ investment services, including proprietary mutual funds as well as discretionary asset management, and self-directed online and traditional private client brokerage services. For wealth structuring and succession planning advice WTIEO [MXL 'YXXIVǻIPHƶW XVYWX professionals who are experts at creating tailored solutions for the protection, growth and intergenerational transfer of assets. For more information about 'YXXIVǻIPH W TVSHYGXW ERH WIVZMGIW SV XS WTIEO [MXL E 'YXXIVǻIPH representative, please call (441) 295 1111. 17


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