Current Accounts

For day-to-day business transactions and payment of invoices.

Available in all major currencies. Sending and receiving of payments from/to the account. Balance enquiries on all accounts may be accessed via the Bank’s payments platform.
Statements generated and delivered electronically and also available on the Bank’s payments platform. Applicable for all currencies.

Notice Deposit Accounts

Funds placement for an indefinite period and no fixed maturity. Withdrawals permitted but subject to appropriate prior notice being advised to the Bank.

Available only in Euro.
Notice Periods available: 31 days / 60 days / 90 days.
Additional deposits allowed but subject to same notice period bucket being used.
Partial withdrawals allowed but subject to notice period being respected.
Early withdrawal allowed but subject to a breakage fee.

Overdraft Facilities

Lending of money for working capital requirements.

Currency: Available in Euro but other currencies are possible at the Bank’s discretion.
Term of Facility: Repayable on demand but renewable on an annual basis.
Transactions: Deposited funds may be withdrawn again freely, subject to approved limit not being exceeded.
Collateral: May be requested depending on the borrower’s credit risk profile.

Revolving Credit Facilities

Lending of money for working capital requirements.

Currency: Available in Euro but other currencies are possible at the Bank’s discretion.
Term of Facility: Repayable on demand but renewable on an annual basis.
Transactions: Deposited funds may be withdrawn again freely, subject to approved limit not being exceeded.
Collateral: May be requested depending on the borrower’s credit risk profile.

Term Loan Facilities

Lending of money to fund investment projects, acquisition of assets and other purposes; repayable over a pre-agreed term.

Currency: Available in Euro but other currencies are possible at the Bank’s discretion.
Repayment Term of Loans: Varies depending on specific borrower assessment.
Loan Types: Term / Bullet / Syndicated / Subordinated.
Collateral: May be requested depending on the borrower’s credit risk profile.

Risk Participation Transactions

A type of lending transaction in which a financial institution transfers its exposure or risk associated with that Loan to another financial institution.

Marine Finance

Asset financing in the maritime industry, particularly to finance the construction or purchase of vessels.

Aviation Finance

An alternative asset class focused on the provision of capital to finance the purchase or lease of an aircraft.

Payment Services

Processing of customer payments (both inward and outward).

Currency: EUR, CHF, GBP, USD (other currencies available with prior notice).
Types of Payments: SEPA (in Euro only and EEA countries only);
SWIFT (all currencies).

Invoice Discounting

Discounting of book debt to boost cashflow.

Currency: Available in Euro. Balance Adjustment Frequency: Adjustments done on monthly basis. Discount Percentage: The Bank discounts 85% of total figure owed by debtors of the Client.
Repayment: Payable on demand with arrangement renewed on an annual basis. Collateral: No collateral taken but only insured debt is discounted.
Exceptions: Debts that are not insured and any amounts owed by the customers’ related entities are not considered for discounting.

Guarantees

Issuance of Bank guarantees to cover various obligations.

Currency: Available in Euro.
Types of Guarantees: Compliance Guarantee, Performance Guarantee, Advance Payment Guarantee.