Page 30 - FWG Issue 2 March 2023

Finance

International private bank democratises
ACCESS TO

OFFSHORE

FINANCIAL

SECURITY

olding money offshore for money offshore and give more investors from anywhere in under 10 minutes.
people living in emerging market peace of mind, one global bank has removed
economies is an efficient way those barriers through an ultra-secure, simple Xapo Private Bank CEO Seamus Rocca
Hto ensure that your money is and user-centric app. explains: “International private banking
safeguarded – and, perhaps, even earns a was traditionally just for the ultra-wealthy,
decent interest. But historically, it has been Gibraltar-based Xapo Private Bank is the who would fly to Switzerland to open up
only the elite few who could open foreign only fully licensed global private bank that an account to safely store their wealth. We
bank accounts using either dual citizenship combines traditional banking in USD with wanted to change and democratise this
or an exceptional level of wealth that makes a Bitcoin wallet, and that is regulated on kind of access, but also do it in a way that
them attainable in the likes of Switzerland, both ends. The bank complies with strict is very secure and future-forward, using the
Malta and Portugal. UK and EU banking regulations, accepts best technology and digital accessibility.
applicants from all over the world and
In an effort to democratise access to holding enables customers to onboard digitally “By being fully digital, you don’t have to get

Fourways Gardens • 28 • March 2023