- Opening of multi-currency accounts and investment accounts
Client trust accounts can be opened in US dollars, Euro, Pound Sterling, Yen, etc. Consolidated account statements will be provided on a regular basis, and accounts can be accessed through our electronic banking. The account opening documentation includes a mandate in which ABT accepts the client’s instructions on how to invest the client’s funds, in selected financial instruments or predefined investment strategies and maintaining these in custody on their behalf. ABT does not provide investment advice.
- Global payment services – with Swift connection
Through our sophisticated network of correspondent banks and its own Swift connection, ABT will efficiently carry out all required payment services in convertible currencies.
- Foreign exchange and hedging solutions
To provide our clients with adequate hedging solutions we can execute spot and forward transactions in major currencies. Other hedging instruments can be tailored upon required.
- Global custodian services
We can be the custodian of a broad range of financial instruments such as securities, mutual funds, and privately and publicly issued notes.
- Structuring services for private or public placements
We can structure private or public placements, which can be quoted on different stock exchanges.
- Paying agent for private or public placements
- Provide tailor made financial products, services and solutions
We can develop, in close cooperation with our clients and partner financial institutions, tailor-made products which provide solutions to your needs.
Personalized Investment Services
Our Investment Accounts offer a variety of investment options based on client instructions:
- Building personalized investment portfolios with individual stocks, market, country or industry approach looking for quality and capital appreciation potential;
- Design of solutions for creating a dependable stream of income with special attention to risk profile;
- Introduction to a broad range of traditional equity strategies, hedge funds, venture capital and private equity funds; and
- Introduction to a wide selection of renowned international money managers.
Note: Amicorp Bank and Trust (ABT) may use the funds and securities from clients it holds in trust for the purpose of making investments on behalf of such clients in accordance with instructions received from such client.
Any funds transferred into ABT’s trust account held at another financial institution shall be deemed to be funds entrusted for safekeeping by ABT. Such funds will be held in a bank account at a correspondent bank or custodian in ABT’s name designated as a client trust account. All funds credited to the client trust account will be transferred to the designated third party bank to be held by the ABT as trustee, and the client trust account shall be recorded and maintained as a trust deposit account in the books and records of ABT.
ABT hereby acknowledges and declares that the client trust account and all funds credited thereto are and shall at all times be held in trust for the benefit of the client. The client trust account and all funds credited thereto shall not be held as deposit accounts and shall not be deemed unsecured, general term deposits or other deposit liability of ABT. At all times this client trust account will be segregated from ABT’s own funds. The funds may be held with other client money in a pooled arrangement at the correspondent bank or custodian.
ABT has corresponding banking agreements with first rate banks and custodians that provide access to international financial gateways.