Who do we serve?
Banking solutions are the only services that we provide; this is all we do. We provide banking, custody and trade execution to the asset management industry. We serve:
- hedge funds
- private equity funds
- venture capital funds
- real estate funds
- special purpose vehicles (SPVs)
- private fund management firms
- family offices.
Speed
The second question I am asked is often, “How long does it take to open an account with FundBank?” If you have met the various AML and KYC requirements, an account can be opened within five business days. This is thanks largely to our digitized, onboarding platform and our tech-enabled team of banking relationship managers who provide out clients with unparalleled support throughout the account opening process.
Solutions for the fund and the manager
FundBank’s service offering is comprehensive; we provide clients with bank accounts at the fund level, while also providing banking solutions for the investment manager. From subscription and redemption accounts to custodial and escrow accounts, our bank accounts compliment a wide range of financial activities. We provide tailored accounts and correspondent relationships with leading institutions such as Bank of New York Mellon and State Street.
If you would like to learn more about FundBank and how we provide our clients with a seamless banking experience, please reach out to me below: