Solution for Fund Administrators
EXCEPTIONAL EXPERTISE AND EXPERIENCE
With a wealth of experience within the offshore fund industry, UTE Bank has served some of the largest institutions over many years. Today, with limited options to open offshore accounts, fund administrators have come to rely on EA Bank to support their clients’ needs. We partner with fund administrators to open and maintain accounts to process capital activity and meet operational expenses, eliminating the difficulties associated with accessing offshore bank accounts.
We serve our clients with distinction and our team has a wealth of experience in international financial services and a reputation for regulatory excellence. Our clients receive a dedicated point of contact for both onboarding and account management, ensuring an unrivalled offshore banking experience. From the beginning of our relationship, we partner closely with clients to collate all required KYC documentation and provide feedback for updated regulatory requirements, ensuring a best-in-class turnaround time to open an account.
BACKED BY TRUSTED FINANCIAL INSTITUTIONS
Due to the trust structure of UTE Bank, our client funds and assets are maintained solely with our correspondent banks, minimizing counterparty risk. Our correspondent relationships include:
- Bank of New York Mellon – Bank accounts
- State Street – Custody accounts
- Industrial and Commercial Bank of China (ICBC).
In addition, clients are provided with access to UTE Bank Online Banking Portal which is provides 24 hour access to your account activity and payment execution.
