Offshore Banking
BAM Asset Management works with several international retail banks based in secure offshore locations. This service allows our clients to spend their money with ease wherever they are in the world. The banks do offer hard- copy statements, however you can access your balance and make secure transfers via 24/7 Internet banking.
The accounts are available in Sterling, US Dollar, Euro, the Australian Dollar and South African Rand and the minimum initial deposit is US$5,000 or the currency equivalent. A balance maintained at this level will not incur any monthly fees and using you own Visa Debit card is free at the point of sale wherever you are in the world.
Foreign exchange (FX) services
All the Bank's in house treasury teams are able to accommodate clients' foreign exchange dealings in major convertible currencies and to give immediate and competitive quotes for exchange rates. For more information and a free quote please contact us.
All FX payments, whether instructed online or offline, are commission free.
Foreign currency payments instructed using International Online will receive a real time foreign exchange (FX) quote prior to trading.
Competitive spot and forward pricing in major currencies around the world.
24 hour global order monitoring.
Experienced traders are on hand to discuss any foreign exchange hedging requirements, market movements and current views.
