The Bank of Bermuda has formally launched its International Banking Centre, which has been established to help Bermudians with a number of specialist banking needs, from setting up additional bank accounts abroad to facilitating a mortgage for a property overseas.
The International Banking Centre acts as an intermediary with any HSBC branch worldwide to help customers in a number of ways; whether to set up additional overseas bank accounts, helping students who might go abroad to study, or to facilitate a mortgage for a property overseas.
Bank of Bermuda CEO, Phil Butterfield, explained that: “This is a great example of how our affiliation with HSBC is directly improving and expanding the range of services we can provide our customers.”
The Bank of Bermuda has been a wholly owned indirect subsidiary of HSBC Holdings plc since 2004.
The International Banking Centre launch coincided with overseas property-buying seminars held in Bermudia's capital, Hamilton, last week.
Representatives from Bank of Bermuda, Rego Sotheby’s International Realty, Coldwell Banker JW Bermuda Realty and London Central Portfolio, discussed a number of topics relating to purchasing property overseas, from how to diversify your property interests to investing in central London.
The Bank of Bermuda was represented by Richard Brown, Head of Personal Financial Services whose talk focused on the International Banking Centre and the role it can play in securing a mortgage for property overseas.
“Securing a mortgage is often one of the biggest hurdles Bermudians face when buying property in the overseas market but now Bank of Bermuda can make that experience a lot easier with a dedicated team ready to meet their needs," noted Mr Brown.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment