Embed Size (px)
DESCRIPTION
Caledonian bank services offer International Payment Services (Online), Treasury Services, Custody Services, Agent Bank Services, Credit Services. The Bank is licensed to conduct banking business in the Cayman Islands pursuant to the Banks and Trust Companies Law and is regulated by the Cayman Islands Monetary Authority.
Citation preview
Delivering innovative solutions to your future requirements in offshore legal service provision
p r o p o s a l t o
CompanyName/Logo here
BANKING SERVICESCAYMAN ISLANDS
2
3 Caledonian Overview
4 Banking Overview
5 International Payment Services
6 Treasury Services
7 Custody Services
8 Agent Bank Services
9 Our Proposal
10 Our People
12 Global Locations
Contents
www.caledonian.com
The Caledonian Group has offices in theCayman Islands, British Virgin Islands, Isle of Man,London, Orlando and New York, the CaledonianGroup offers a comprehensive range of personaland confidential services to individual andcorporate clients, including administrative servicesfor all types of offshore companies, banks, trusts,insurance companies, mutual funds and investors.We also offer global custodial services, worldwidecorrespondent banking services and investmentservices.
Clients benefit from Caledonian’s 40 years of relevant expertise, global contactsand access to group banking, fund administration and captive insurancemanagement services. Caledonian’s diverse client base includes many premierinvestment banks, fund groups, investment management firms and high networth individuals. We also have working relationships with top onshore andoffshore law firms and accounting firms.
Caledonian Overview
3 www.caledonian.com
Banking Overview
Caledonian Bank Limited (the “Bank”) is a licensed “A” bank in the CaymanIslands that has been in business for more than 20 years. The Bank is licensed toconduct banking business in the Cayman Islands pursuant to the Banks and TrustCompanies Law and is regulated by the Cayman Islands Monetary Authority. TheBank is also an active member of the Cayman Islands Bankers’ Association.
The Bank has a developed and strong infrastructure with an experiencedmanagement team that provides traditional banking services to a selectivecustomer base. The Bank maintains a very conservative investment policy andhas a strong commitment to the safety of its depositor’s funds.
The Core services the Bank offers are:
International Payment Services (Online)
Treasury Services
Custody Services
Agent Bank Services
Credit Services
4 www.caledonian.com
International Payment Services
The Bank offers a multi-currency online banking service which includes:
Convenience The User has the ability to view all of their active bank accounts online and on a “real’
time basis (24/7) Invoices can be paid anytime during the day Funds can be transferred with immediate availability
Reliability Manage all corporate banking needs in one location Initiate a funds transfer transaction online to an external third party 24/7 basis. Initiate an internal transfer of funds online from or to any of their designated
accounts on a 24/7 basis Request online the Bank to issue a cheque/(draft) to a third party beneficiary.
Security All designated users have access with a personal ID’s and passwords Our system uses the latest security software
5 www.caledonian.com
Treasury Services
The Bank provides customers with highly competitive rates on the followingproducts:
Foreign Exchange for all major currencies Spot Forwards Swaps
Fixed Deposits (Online) A user can request to establish an online fixed deposit or renew an existing fixed
deposit. The interest rate will be established two business days prior to the start dateof the deposit. The Bank will notify the client of the interest rate.
Overnight Deposits
Short-Term Money Market
6 www.caledonian.com
Custody Services
The Bank provides custody services for fund of funds that are administered byCaledonian Fund Services Limited and certain highly qualified customers. TheBank’s custody services integrate seamlessly with our credit facilities since thecollateral needed to provide financing is already registered in our name ascustodian. In addition, we are accustomed to providing custody for leveragefinancing arrangements and familiar with the associated controls and reportingrequired by lenders.
Custody services include: Processing subscriptions, redemptions and transfers into and from underlying funds Processing purchases and sales of financial instruments Reconciling holdings Customized reporting
7 www.caledonian.com
Agent Bank Services
As an “A” licensed Bank, Caledonian Bank has the authorization to be anAuthorized Agent for “B” licensed bank’s that do not have a physical presencein the Cayman Islands.
The Bank offers the following services as an agent Bank: Is the principal contact between the Cayman Islands Monetary Authority (CIMA) and
the “B” licensed bank Assists the licensee mainly in its compliance with CIMA’s regulatory requirements Offers local Directors service if required Can provide a registered office Client accounting is also available
8 www.caledonian.com
Credit Services
The Bank has very conservative lending guidelines but it does offer their hedgefund and captive insurance customers credit services.
Our Credit Services include: Liquidity Facilities Overdraft Facilities Secured Lending Standby Letters of Credit
9 www.caledonian.com
Our People
10 www.caledonian.com
Jim O’Neill, Managing Director, Caledonian Bank LimitedT: +1 345 914 4887 E: [email protected]
Jim O’Neill is Managing Director of the Caledonian Bank Limited (CBL) and Caledonian GroupServices Limited (CGSL). Responsible for the Day-to-day management of CBL and CGSL entities, Jimformulates and oversees implementation of strategic plans and leads business development forGroup globally.
With over thirty five years of international banking experience both in the United States and theCaribbean, Jim holds a Bachelors and Masters degree in Banking and Finance from PaceUniversity.
Prior to joining Caledonian in April 2008, Jim worked for Bank Austria (Cayman) as ManagingDirector for 10 years and before that he was Bank Austria (North America) CFO for 9 years. Jimalso worked for the highly acclaimed Wall Street bank Irving Trust for 14 years where he wasresponsible for Special Projects and Corporate Accounting.
Jim is the Chairman of the Caledonian Risk Asset Liability Committee and also the Caledonian AuditCommittee; President Elect of the Cayman Islands Chamber of Commerce; Board Member ofMeals on Wheels and; Member of Cayman Islands National Investment Council.
Our People
11 www.caledonian.com
Brent Ebanks, Manager, Caledonian Bank LimitedT: +1 345 914 4900 E: [email protected]
Brent Ebanks is Manager of Caledonian Bank Limited and responsible for the day-to-dayoperations including building and managing customer relationships.
With over 15 years of international banking experience, Brent is currently pursuing a degree inEconomics at the University College of the Cayman Islands.
Prior to joining Caledonian in July 2001, Brent worked for The Bank of Bermuda (Cayman) Ltd asSenior Relationship Manager for 4 years. Brent began his banking career with British AmericanBank in the Cayman Islands quickly excelling to supervisor of Customer Service.
Ann-Marie Bush, Treasury Manager, Caledonian Bank Limited T: +1 345 914 4970 E: [email protected]
Ann-Marie Bush, Treasury Manager Caledonian Bank Limited, has over 18 years of internationalbanking experience.
Prior to joining the Caledonian Group in November 2005, Ann-Marie worked at one of Brazil's topbanks; Banco Itau S.A., Grand Cayman Branch for 9 yearrs. There she was Supervisorof Operations and Loans before joining Caledonian Bank.
Picture to be updated
Cayman IslandsCaledonian House69 Dr. Roy's DrP.O. Box 1043Grand Cayman, KY1-1102Phone: 345-949-0050
Orlando390 North Orange Ave.Suite 875 Orlando,FL 32801Phone: 407-218-8000
New York1120 Avenue of the Americas 4th Floor New York, NY 10036 Phone: 212- 626-6615
Isle of Man1 Circular RoadDouglasIsle of Man, IM99 3NZPhone: 44-1624-640-150
British Virgin islandsP.O. Box 4428Columbus CentreRoad Town, Tortola, VG1110British Virgin Islands
EUROPE
Isle of Man
New York
Orlando
Cayman BVI
Global Locations
www.caledonian.com12
London
AMERICAS
London10 Finsbury Square London, EC2 1AD Phone: 44-207-374- 8508
Delivering innovative solutions to your future requirements in offshore legal service provision
p r o p o s a l t o
CompanyName/Logo here
www.caledonian.comwww.caledonian.com
