Relationship deposits
Interest-bearing demand deposits, money market accounts and certificates of deposit priced on total relationship balances rather than each account in isolation.
Private Banking
Personal banking for substantial households and family offices
A bespoke deposit, liquidity and payment service built around the household balance sheet. Each relationship is led by a dedicated private banker supported by treasury specialists, with one point of accountability across our Florida, London and Zurich offices.
Relationship minimum
$1m
Combined deposits, investments and trust assets
Currencies held
20+
Balances and payments in major currencies
Same-day wire cut-off
3:00 pm ET
Verified instructions released same business day
Banker response
Same day
Direct line and email, no call centre
Services
What the relationship covers
Every relationship is assembled from the same building blocks, then sized to the household's liquidity, privacy, reporting and cross-border needs.
Household cash management
Automated sweeps between operating and reserve balances, scheduled transfers, liquidity dashboards and one consolidated statement across every related family entity.
Global payments and foreign exchange
Same-day domestic wires, cross-border payments in 20+ currencies, foreign-exchange execution and standing payment instructions handled by your private banker.
Concierge banking
Travel and card notifications, duplicate statement and tax-document requests, beneficiary maintenance, and personal banking support by direct line and email.
Family office support
Multi-entity account structures, delegated signing authorities, data feeds to accounting systems, and reporting packs for family office staff and advisers.
Privacy and controls
Dual authorisation on outgoing payments, callback verification on new beneficiaries, per-user account visibility and a full audit trail of instructions, approvals and document access.
Accounts
Deposit and liquidity solutions
Each account has a defined role in the household balance sheet. Fees and yields are determined by total relationship size rather than account-level balances.
| Account type | Pricing | Features | Best used for |
|---|---|---|---|
| Relationship Checking | No per-item transaction charges; monthly maintenance waived at Relationship tier and above | Unlimited cheques, online bill payment, debit card and domestic wires | Operating cash and daily liquidity |
| Money Market Account | Tiered yield tied to household relationship balance; liquidity next business day | Limited transactions in accordance with regulation; cheque-writing available | Reserve cash awaiting investment or deployment |
| Certificate of Deposit | Terms from 6 months to 5 years; relationship-rate premiums apply | Fixed rate, fixed maturity; penalties for early withdrawal | Surplus cash with a known horizon |
| Multi-Currency Account | USD, GBP, EUR and CHF current and deposit accounts held under one relationship | FX conversion on request with preferential spreads at higher tiers | Households with cross-border income, property or expenses |
Indicative product summary. Specific account terms are set out in the account agreement.
Concierge services included
- Same-day domestic wire release on verified instructions received before 3:00 pm ET
- Foreign-exchange execution in 20+ currencies with telephone confirmation
- Travel and card notifications handled directly by your private banker
- Standing payment instructions for household, trust and entity obligations
- Duplicate statement and tax-document requests fulfilled within one business day
- Annual fee review and relationship balance consolidation across family accounts
How relationship pricing works
Rather than pricing each account separately, we aggregate every related household balance — deposits, investments and trust assets — into a single relationship tier. That tier determines the money-market yield, whether monthly maintenance is waived, how many wires are included, and the foreign-exchange spread. As balances grow or seasonally decline, the tier is reviewed monthly so the relationship continues to reflect its real size.
A household with $2.5 million spread across a checking account, a money market and a trust deposit therefore receives the Relationship tier on every eligible account, not only on the account holding the largest balance.
Deposit pricing
Indicative relationship tiers
Rates are set on total relationship balances across the household, reviewed monthly, and applied to every eligible account in the group.
| Tier | Relationship balance | Money market rate (APY) | Monthly maintenance | Payments included |
|---|---|---|---|---|
| Foundation | $250,000 – $999,999 | 1.85% | $25 | 2 no-fee wires per month |
| Relationship | $1,000,000 – $4,999,999 | 2.60% | Waived | Unlimited domestic wires |
| Private Client | $5,000,000 – $24,999,999 | 3.05% | Waived | Wires and FX at preferential spreads |
| Family Office | $25,000,000+ | Negotiated | Waived | Dedicated treasury analyst |
Indicative figures, current as at the date shown. Rates are variable and may change without notice; actual pricing is confirmed in your account agreement.
Service charges
Everyday banking charges
| Service | Charge | Notes |
|---|---|---|
| Domestic wire (outgoing) | $25 | Waived at Relationship tier and above |
| International wire (outgoing) | $45 | Plus correspondent charges where applied |
| Foreign exchange | Spread-based | Indicative 25–60 bps depending on size and currency |
| Cashier's cheque | $10 | Two per month included |
| Overdraft protection | No fee | Linked to a reserve or securities-based line |
| Account research | $35 per hour | Waived for statement or tax-document reprints |
Indicative schedule. Third-party and correspondent charges may apply in addition.
Who this suits
- Households holding $1 million or more in combined deposits, investments and trust assets
- Business owners with irregular income and periodic liquidity events
- Families operating across the United States, the United Kingdom and Continental Europe
- Family offices administering several entities, trusts and investment vehicles
- Professionals and executives seeking consolidated liquidity and payment controls
What we ask for at onboarding
- Government-issued photo identification for each signatory and beneficial owner
- Proof of address dated within the last three months
- Source of wealth and source of funds narrative with supporting documents
- Entity formation documents and authorised signer resolutions where applicable
- Signed private banking agreement and wire authorisation instructions
Controls
Security and governance on your account
Substantial balances deserve controls that match their complexity. We configure authorisations, visibility and audit reporting around your household structure.
Dual authorisation
Set thresholds for outgoing payments requiring two approved signatories.
Callback verification
New beneficiaries are confirmed by telephone before the first payment is released.
Per-user visibility
Staff and advisers see only the accounts and functions you authorise.
Full audit trail
Instructions, approvals and document access are retained with timestamps and user identity.
Questions
Common questions
+What relationship size do you typically work with?
Private banking relationships generally begin at $1,000,000 in combined deposits, investments and trust assets. Households below that threshold are welcomed where a clear path to the minimum exists, for example a pending liquidity event or a multi-generational relationship.
+Is my deposit protected?
Deposit accounts held at the bank are eligible for federal deposit insurance up to the applicable limits per depositor, per ownership category. Balances above those limits can be spread across ownership categories or placed through reciprocal deposit networks so that the full balance remains insured.
+How quickly can a wire be released?
Domestic wires instructed and verified before 3:00 pm ET are released the same business day. Cross-border payments in major currencies are typically value-dated one to two business days forward depending on the corridor and cut-off.
+Can several family entities be seen in one place?
Yes. Individual, joint, entity and trust accounts can be grouped into one consolidated relationship view with combined statements, while permissions and signing authorities still control who sees and transacts on each account.
+How is the money market rate set?
Rates track the relationship tier assigned to the household, not each individual account. The tier is reviewed monthly based on combined deposits, investments and trust assets, and any change is applied to all eligible balances from the first day of the following statement cycle.
+Can I hold foreign currency?
Yes. USD, GBP, EUR and CHF deposit accounts are available, and foreign-exchange conversions can be executed by telephone or instruction with settlement into the chosen currency account. Multi-currency statements show converted and unconverted balances.
Speak with a private banker
Relationships typically begin with a review of your liquidity, credit and reporting requirements.
Rates, tiers and charges on this page are indicative and may change without notice. Deposit products are subject to the account agreement and applicable deposit insurance limits. Investment and trust services are not deposits, are not insured, and may lose value.