3 minute read
Banking
by Ian Coles
As one would expect of a 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 may have.
Headquartered in Bermuda for leading independent bank and Bermuda’s 2021 Bank of the Year by The Banker and 2022 Best Private Bank by Global Finance. 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 Street Banking Centre in Hamilton to complete the application process.
Once you open an account, you Debit Card, which provides a host 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, 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. are geared toward high net worth and ultra-high net worth individuals plans and services including asset management and trust.
No matter where you work or choose to live in Bermuda, you’ll be 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 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.
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, a range of personalised lending solutions at very competitive rates. 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 professionals who are experts at creating tailored solutions for the protection, growth and intergenerational transfer of assets.
For more information about representative, please call (441) 295 1111.
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