The chart below demonstrates a structured banking solution for Trustees. It can equally work for individuals and can be delivered across both onshore and offshore jurisdictions, such as Cayman, Jersey, Switzerland, and Singapore.
The above approach offers 6 key benefits:
Complete asset control: Trustees maintain full control over the trust's assets.
Operational banking: Trustees gain access to comprehensive operational banking services alongside custody.
Transparent reporting: Independent reporting by the Bank, Custodian, and Investment Adviser ensures transparency and accountability.
Risk management: Reduces litigation risk from execution-only mandates by allowing for the appointment of an external adviser and enables manager replacement with minimal disruption.
Cost-effective: Offers a cost-effective way to manage the trust's assets without compromising on quality or service.
Leverage: The Trust entity can leverage its portfolio on competitive terms to acquire other assets or meet short-term liquidity needs.
If you would like us to help establish the above solution, please email treasury@ikyc.com or submit your details using this link: https://www.ikyc.com/bankingsolutions
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