Relationship deposits
Interest-bearing checking, money market and time deposits priced on total relationship balances rather than each account in isolation.
Private Banking
Banking that keeps pace with a complex household
One banker, one point of accountability, and a deposit and payments platform designed for privacy, speed and scale across three time zones.
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 and reporting needs.
Household cash management
Automated sweeps between operating and reserve balances, scheduled transfers, and one consolidated statement across every family entity.
Payments and concierge
Same-day domestic wires, foreign exchange in 20+ currencies, travel notification, card replacement and standing payment instructions handled by your banker.
Family office support
Multi-entity account structures, delegated signing authorities, data feeds to your accounting system, and reporting packs for family office staff.
Privacy and controls
Dual authorisation on outgoing payments, callback verification on new beneficiaries, per-user account visibility and full audit history.
Cross-border needs
Multi-currency balances, correspondent relationships in the UK and Switzerland, and coordinated servicing across our Sarasota, London and Zurich offices.
Accounts
Everyday account options
Each account has a clear role in the household balance sheet, with fees and yields 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 | Designed for operating cash and daily liquidity |
| Money Market Account | Tiered yield tied to household relationship balance; liquidity next-day | Limited transactions in accordance with regulation; cheque-writing available | For 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 | For surplus cash with a known horizon |
| Multi-Currency Account | USD, GBP and EUR current and deposit accounts held under one relationship | FX conversion on request with preferential spreads at higher tiers | For 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 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 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 $1m or more with the bank
- Business owners with irregular income and periodic liquidity events
- Families operating across the United States, the UK and Europe
- Family offices administering several entities and trusts
What we ask for at onboarding
- Government 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
Controls on your account
- Dual authorisation thresholds you set for outgoing payments
- Callback verification before any new beneficiary is paid
- Per-user visibility so staff see only the accounts they administer
- Full audit history of instructions, approvals and document access
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 level are welcomed where a clear path to that threshold exists, for example a pending liquidity event.
+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 relationship view with consolidated statements, while permissions still control who sees which 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 and EUR 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, may change without notice purposes. 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.