Running a business, you know that constant investments are required for successful development.
While credit resources are limited, looking for alternative sources of financing or restructuring debts of one’s own or related business becomes a highly important issue. Savings often are used as a source of such financing, and they need to be invested as efficiently as possible. One of the safest ways of investing your own funds in business is using a fiduciary transaction.
By such transaction we mean an agreement on managing your funds pursuing your interests and following your instructions. A fiduciary transaction enables funds accrued in foreign companies’ accounts to be used for personal needs or for business financing. Each transaction is a tailored solution for a particular customer.
Fiduciary transactions provide a number of advantages, as compared with direct investments:
protection of your assets from third-party claims;
transaction confidentiality and safety, since the bank acts as the party to the transaction.
In fiduciary transactions, we act as your professional manager, using our experience and attracting all required resources to pursue your interests.
For the execution of fiduciary transactions the following requirements apply:
the bank’s customers only may participate in the transaction;
documents evidencing lawful source of funds to be managed should be submitted.
Contact your private banker to receive more information about fiduciary transactions.