Bermuda Multi-Currency Corporate Banking

Bermuda companies and financial structures often receive or hold money in more than one currency.

Current local corporate banking includes accounts in Bermuda dollars, US dollars, Canadian dollars and sterling, with international payment facilities.

Who this service is for

This service is designed for eligible Bermuda clients whose banking requirement matches the purpose of the account.

Current local corporate banking includes accounts in Bermuda dollars, US dollars, Canadian dollars and sterling, with international payment facilities.

What the provider will want to understand

For an application in Bermuda, the provider will normally ask about ownership, identity, source of funds and the expected use of the account.

For an application in Bermuda, international ownership or cross-border payments can lead to additional questions, so the information should be complete and consistent.

Preparing the application

For an application in Bermuda, we help organise the company or client documents, ownership information and supporting evidence before an introduction is made.

The purpose is to present the genuine position clearly, not to create or alter evidence.

How Coutts Consultants can help

For an application in Bermuda, Coutts Consultants reviews the requirement, helps prepare the application and makes an introduction where a suitable current third-party route is available.

For an application in Bermuda, Coutts Consultants acts as an intermediary. The provider supplies the account or banking relationship and makes the final acceptance decision.