Butterfield Bank (Bahamas) Limited was established in 2003 with the acquisition and merger of two noted and reputable financial service providers in The Bahamas. The Bank is a wholly owned subsidiary of The Bank of N.T. Butterfield & Son Limited, Bermuda.

Our focus is to offer clients a first class service, creating solutions tailored to their individual global wealth management needs within our services of Banking, Fiduciary, Investments, Custody and Lending. Institutional clients benefit from our extensive experience in Third Party Fund Administration and Administered Banking.

Professional, well-trained individuals work as a team so as to understand, address and manage client needs and relationships. Key to our success is our recognition that quality and consistency of service are primary considerations in a client�s choice of a Private Bank. In an increasingly automated world, we try whenever possible to meet clients and their advisors in person, thereby enhancing our knowledge and understanding of their current and future requirements.

The Bank is licensed and regulated by The Central Bank of The Bahamas and Securities Commission of The Bahamas pursuant to the Banks and Trust Companies Regulation Act, 2000 and Securities Industry Act, 1999 respectively.

Fiduciary Services

Through our extensive group offering, we have the ability to offer a wide range of fiduciary services to meet individual needs identified through tax, legal and accounting advice. Such solutions are provided on a case-by-case basis and we will be pleased to discuss your individual requirements as necessary.

Our services combine the technical expertise of professional, dedicated and experienced staff who are able to tailor make a solution meeting your requirements. Be it through a Private Trust Company, Trust, Foundation, Company or a combination of vehicles, we can create and manage structures for a variety of purposes including:

-Succession / Estate Planning
-Wealth Preservation / Enhancement
-Asset Protection
-Tax Mitigation
-Simplification of Affairs

Relationship Management will be an important part of your decision process in employing a fiduciary service provider. Recognizing this we employ a number of experienced individuals, from a range of disciplines, in key client relationship roles.

Their objective is to identify and satisfy your needs, having due regard for the requirements of the structures in place and the environment in which the structures operate.

Banking Services

We offer a personal service to clients through a well-trained, dedicated team. Multi-currency instant access or fixed term deposit accounts can be established, with interest being calculated daily and credited to your account monthly.

Our tiered rate structure awards higher rates for higher value deposits for both instant access and fixed term deposit accounts.

Monies can be accessed through the issuance of bank drafts or full International payment services via our correspondent network, having the ability to pay funds on your behalf around the world quickly & securely.

Lending Services

Residential Mortgage and Construction Financing
Our professional and knowledgeable staff will guide you through the application, steering you to your objective. Our aim is to provide you with a hassle free experience, working closely with associated, experienced and professional parties as required.

Our U.S. dollar offering assists clients with the following:

Purchase of Completed Residences, whether for owner occupied or investment purposes
Purchase of Vacant land
Residential Construction Financing

Cash Backed Loan Facilities

Clients in a number of situations find it advantageous and tax efficient to provide cash deposits in support of their borrowings. Once rationale for the structuring is understood, borrowing can be arranged.

Leveraged Loans / Overdrafts
Leveraged Loans and Overdrafts against Investment Portfolios are available to support borrowings for the purchase of property or other assets. This can form an important part of an overall strategy linked to clients� individual professional tax advice or assist the client in dealing with cash flows or maximizing potential investment returns.

This service is only offered to those clients who can fully demonstrate their understanding of the higher risks involved in leveraging of this nature. The Bank will need to be appointed custodian of the assets to enable leveraging, and usually require a diverse portfolio of recognized tradable securities.

Investment & Custody Services

A wide range of investment services are available through Butterfield Bank (Bahamas) Limited. We aim to tailor a portfolio meeting your investment objectives whilst remaining within your risk parameters. Options include:

Discretionary Investment Management for Private & Corporate Clients
Non-Discretionary Services, including arranging the sale and purchase of international stocks, shares & other classes of investments, including funds
Global Custody Services
Butterfield Family of Funds
Ability to work closely with Third Party Investment Managers