About Us

About Us

Unitytruistedge Bank (“UTE Bank”) is a specialist, boutique bank that provides offshore financial services to hedge funds, private equity funds, fund of hedge funds and investment management companies.

UTE Bank is licensed and regulated by the UAE Monetary Authority (CIMA), under the UAE Banks & Trust Companies Law (2020 Revision). We partner exclusively with global, top tier financial institutions to provide clients with a comprehensive range of tailored service solutions including banking, custody, trading and cash management facilities.

SERVICES

UTE Bank provides a comprehensive service solution for investment funds.

  • Bank accounts We tailor our accounts to the specific needs of the offshore investment industry, and maintain bank accounts via correspondent relationships such as Bank of New York Mellon.
  • Custody We act as custodian to safe keep client assets, and maintain custody accounts with top tier service providers such as State Street Global.
  • Fund of Funds We provide a full Fund of Fund custody solution, including custody of underlying assets and all transaction processing.
  • Trading Through our team of highly-experienced traders, UTE Bank can execute and settle trades in most major markets and across all asset classes.
  • Cash Management Services We provide access to a global suite of money market funds and treasury products to help investors earn yields on idle cash, maximizing investor returns.
  • Trust Services UTE Bank has an unrestricted trust company license specializing in Star and Charitable Trusts.
  • Foreign Exchange We provide best-in-class foreign exchange execution services.
  • Online Banking and Custody Portal Anytime, anywhere, you have access to your bank account and custody reports via our client web portals.