Bermuda Commercial Bank provides bank custody services and trading to funds, trusts, corporate entities and individuals through our international correspondent network. We use a Sub-Custodian Network that can hold equities, debt instruments, commercial paper, commodities and metals, for or on behalf of our clients.
We deliver safe-keeping of assets (vault), control over security movements, collection of investment income and processing of capital transactions. Assets can be held in the client’s name (physical share certificates), or we can act as nominee on the client’s behalf. Semi-annual listings for vault holdings are sent for confirmation. We also provide a proxy voting service.
Through our international custodial network, BCB offers trading and custody services for clients who trade and hold metals, commodities, commercial paper, debt products and equities.
We collect all income arising from portfolios (e.g., dividends and interest), process all corporate actions promptly and efficiently. We provide prompt notification of Corporate events (e.g., rights issues, calls, takeovers and other relevant information), enabling clients to make timely decisions.
We recognise that portfolios always contain a cash component, particularly during periods between investment decisions. To ensure the most efficient use of our clients’ excess liquidity, we offer cash management solutions on special terms, either as interest-bearing accounts held in USD and foreign currencies (at money-market rates).
Copyright @ Bermuda Commercial Bank Limited, 2019
All rights Reserved