Banking Services
For those clients who wish to consolidate their international financial management at MMG BANK, we offer a vast array of convenient and competitive banking services.
Our multicurrency platform allows clients to efficiently receive funds and process payments in the currencies that best fit their needs. Our worldwide correspondent network allow our clients to open and operate current and time deposit accounts in the world most active currencies such as US Dollars, Euro, British Pounds, Swiss Franc, Japanese Yen, and Canadian dollars and others.
Depending on collateral, and credit factors our bank can also easily customize terms and conditions on its loans and letters of credit to meet individual client needs. These can be disbursed in any of the major currencies, and our Letters of Credit may also be confirmed by any of our correspondent institutions.
Transferring assets efficiently for estate and business planning requires delicate and customized fiduciary banking services. MMG Bank may also serve as trustee, escrow agent or representative in transactions involving the transfer of asset between estates, businesses or individual counterparties. Many situations now require that funds, securities, or other assets be placed in escrow until the transaction is successfully completed. Whether the escrow incorporates two or multiple parties, over a fixed or variable time period, with daily transactions or infrequent distributions, MMG Bank can help create the escrow best suited to the situation.
|