An Ancient Banking Philosophy that Still Works

Breder Suasso is a private banking company operating out of New Zealand that employs a unique, different, yet proven philosophy of money and financial management that has worked for more than 4 centuries. Based upon the approach as developed by the Lopes Suasso family back in the 1600s during the Dutch Golden Age, it is not surprising that such a traditional and logical approach to money management is still effective in today’s world. The Lopes Suasso family learned very early on that the key to success as private bankers was to focus upon the needs and concerns of their clients. They understood that by paying attention to their clients, their success was guaranteed.

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Breder Suasso employs this same timeless and important attitude when it comes to working with their clients, many of whom are high net worth individuals as well as profitable international corporations. Under both cases, their clients understand what should be expected of a quality private banking group and Breder Suasso is expert in delivering such results as a normal way of operating their business.

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While providing such standard banking necessities as international debit cards that can be relied upon to work no matter where in the world their client may happen to be at any given moment, Breder Suasso always goes further in ensuring that their customers get more than the basics. For instance, business accounts can always depend upon efficiently managed business payments and transactions, particularly since Breder Suasso is capable of dealing with more than 20 of the world’s major currencies.

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Private bank accounts are also accorded equal attention and valuable services. With instantaneous access to their accounts no matter where they might be traveling or residing, their private banking clientele are never at a loss to get an update as to their financial status. Of equal importance is the fact that these clients also may hold funds in a variety of currencies, and are able to perform transfers and exchanges smoothly and inexpensively.

These are just a few of the reasons that Breder Suasso stands at the forefront of the private banking industry. Once you try their services, you will see the vast difference that a quality and professional private banking group can deliver.

Clients Trust the People and Processes of Breder Suasso

As a senior executive in an international business, you have money management companies approaching you regularly for your business. You are asked by your bankers, your accounting firm, offshore firms and many wealth management companies. How do you best assess the ability of these providers to serve your needs, ensure your confidentiality and follow through on their promises? Sometimes you are willing to stay with your current providers, despite their shortcomings, because making a change is so disruptive. Putting yourself and/or your company through this disruption is only worthwhile if your new vendor can meet and exceed your expectations. With this thought in mind, it is worthwhile to include Breder Suasso into the mix of prospective providers. Their forex services, international money management, trust structures, and administrative services are highly valued by many clients.

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Of most critical importance in evaluating a new provider is the degree of trust you feel for its people and processes. Can you trust the provider for discretion and confidentiality? You do not want unauthorized people to learn about your transactions. A corollary to confidentiality is electronic security. Does the provider enlist the latest, hack-proof technology to manage and move your funds? It is critical that the firm can protect your funds. Breder Suasso can confidently answer “yes” to all of these questions.

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The next aspect of trust that is important is whether the firm will do what it says it will do. If you need funds transferred in three different currencies at pre-determined times, can you rely on the firm to follow through? If you need foreign tax issues addressed for your operations abroad, will the firm handle them properly so that you do not have repercussions later? Again, Breder Suasso can answer “yes” to all of these concerns.

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Trust is the most important consideration to address as you look for an international financial services provider.

Different types of offshore banks and accounts

If one is living or working abroad, regularly travelling overseas, or hopes to retire to another country, then an offshore account is highly recommended. Offshore banks take deposits and investments from non-resident individuals and businesses to which the country’s own citizens have no access.

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Offshore banks can be divided into two groups:

Retail and commercial banks

These banks offer the same services as any bank one can find in country of residence and they are designed for trade and savings but also offer investment opportunities. They commonly operate with multi-currency accounts. Initial deposit may require a minimum amount of $1,000 and higher. Banks services are managed through the Internet which allows transactions from anywhere in the world.

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Types of banks accounts typically handled by retail and commercial banks are the following:

• International bank account – Marketed to expats that allow them access their funds wherever they are in the world through international ATM, online access, over the phone via 24/7 call canter service.

• Multi-currency offshore bank account – Account holder can enjoy having a dollar, euro, yuan, etc., accounts in one multi-currency offshore account number. These will benefit those who frequently need to move money between countries and currencies with the advantage of preferential exchange rates.

• Offshore business bank account – Usually preferred by customers who want to take advantage of the tax benefits that come with the account. It provides access to profitable offshore funds and is an indispensable tool for those conducting international business - whether offline or online.

Breder Suasso, an example of an offshore commercial bank, is living up to its tradition of a family of trustworthy financiers which provides world-class solutions to clients securing their business and wealth overseas. Private and corporate clients, including offshore and non-resident bodies, can easily open an account online. Asset protection, privacy, and investment profitability are top priorities of the company.  

Private banks

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These institutions are focused to saving and high-level investing and are only accessible to relatively wealthy people. Minimum deposit is $100,000 while others require half a million dollars. They offer premium service by developing a personalized investment pattern for each client with the help of a personal banker. Investment opportunities are only available to their exclusive clients. A private offshore bank account is offered with the benefit of a much more hands on approach in the management of the client’s portfolio.  

Breder Suasso redefines the dynamics of offshore banking in the competitive financial market. Visit its official website to learn more of its services.