Specialised Accounts

Which types of accounts do we offer

We offer a range of specialty accounts to meet the needs of our clients.

Here are a few examples:

1. Foreign Currency Accounts: These accounts are designed for individuals or businesses that frequently deal with foreign currencies. They allow you to hold, deposit, and withdraw funds in a foreign currency, which can help to manage exchange rate risk.
2. Brokerage Accounts: These are investment accounts that allow you to buy and sell securities like stocks, bonds, mutual funds, and ETFs. They may be managed by the customer (self-directed) or by a financial advisor.
3. Escrow Accounts: These accounts are used when a third party needs to hold funds until certain conditions are met. For example, during a real estate transaction, an escrow account may hold the buyer’s funds until the deal is finalized.
7. Trust Accounts: These accounts are managed by a trustee for the benefit of a third party. They can be used for a variety of purposes, including estate planning and managing funds for a minor or an individual with special needs.
8. Non-Profit or Charity Accounts: These are accounts designed for non-profit organizations, offering features that cater to their specific needs, such as low fees or the ability to accept donations.
9. Business Accounts: These are accounts designed for businesses, with features like higher transaction limits and multi-currency payments.
10. Trading & Investment Accounts: These are accounts held at a financial institution that are designed for buying, selling, and holding securities such as stocks, bonds, exchange-traded funds (ETFs), and mutual funds. Some of these accounts may also allow for trading derivatives like options and futures. They can be self-managed or managed by a financial advisor.
11. Precious metal and diamond accounts: These are special types of accounts that allow individuals to buy, sell, and hold precious metals such as gold, silver, platinum, and palladium or diamonds. The bank holds the physical metal or the diamonds on behalf of the customer, and the customer can buy or sell their holdings at market prices. Clients use them to diversify a portfolio or to reduce exposure to a single currency; prices can fluctuate considerably.