Tuesday, November 1, 2016

Open a Bank Account in Euro Pacific

Euro Pacific Bank
Euro Pacific Bank is an international bank, brokerage, mutual fund and financial services company licensed in St. Vincent and the Grenadines as a Class A International Bank.For the last decade and a half, Euro Pacific Bank and its subsidiaries have offered a wide array of financial services from offices in the Caribbean. Through a dedication to client service and a diverse multi-currency product offering, clients enjoy unrivalled access to the global investment markets. The Bank’s online, multi-channel access provides account holders with 24/7 access to their accounts, regardless of where they are located.
The Bank’s unique full-reserve policy provides clients the safety and stability they require to manage their global finances. As an investment brokerage and advisor, and 12 year-long White Label Partner of Saxo Bank, the Bank is able to pass along foreign exchange savings rates of up to 80% over traditional retail banks. The Bank also maintains the distinction of acting as the only bank, which is also Approved Dealer for the Perth Mint in Australia.

A note from the Chairman

For over a decade and a half our group has been providing premier financial services to our global clientele. As we have developed into a multi-national banking group across the Caribbean region, Euro Pacific continues to embody the same principles as when we started, even now with over 11,500 accounts and customers in over 100 countries. In 2016 we will continue moving forward with many exciting new initiatives, which will further our objective of providing the global business professional a stable and online-first banking and investment platform.


Business Summary

Euro Pacific Bank differentiates itself through a unique banking model. Many of the traditional banking services (mortgages, car loans, credit cards, trade finance etc.) are not offered and instead, the Bank focuses on offering transactional banking and investment services, which are superior to those of others in the industry.
One of the key facets of the Bank’s business model is the notion of full-reserve banking. Euro Pacific takes a unique approach to banking by maintaining a 100% ratio of reserves to deposits. This full-reserve structure has become a driving force behind the Bank’s growth and client retention as global financial markets have become increasingly unstable.
Seismic shifts in the financial system since 2008 including European “bail-ins”, threatening customer deposits and sustained, ultra-low interest rates creating volatility in the foreign exchange markets, have driven depositors to look for alternative banking solutions. As awareness in these factors increases, global consumers will look for safe havens away from their resident markets.
Since its inception, Euro Pacific has focused on building a truly global bank. In today’s banking environment, having an online-first model is necessary to capture the businesses of a globalized economy.

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