Banking & cash management
We are a licensed bank and provide current and deposit accounts in all major currencies and cheque book accounts in Sterling. These accounts are integral to our portfolio management services but we also offer them on a stand alone basis for institutions and individuals with large balances. We provide the normal services of electronic transfers, direct debits and standing orders and our statements carry full narrative description of transactions.
Our investment clients benefit from these accounts without additional charge and use us for many routine transactions; we are also there to help with less common eventualities like bridging loans, for which we can use investments as collateral. Contact is through portfolio managers or directly with our banking directors, who aim to give an efficient and personal service.
We have access to the foreign exchange and sterling money markets at inter-bank level, and through our cash management service we are able to place large balances with major banks, dealing in the money markets to get the best return in line with a client’s liquidity requirements. We are active in the market every day and are able to secure competitive rates. For smaller balances not immediately required for investment we are able to aggregate funds in our Cash Trust, with attractive rates and daily liquidity.
For more information about our private banking service click here.
