Current Accounts
- Deltec maintains current accounts in major currencies (USD, EUR, GBP, CHF).
Deposit Accounts
- Deltec can provide its clients with interest-bearing deposits.
- Deltec places deposits with a number of other international banks or invests in Treasuries, to ensure best return and reduce risk.
Foreign Exchange
- Deltec acts as “agent” executing foreign exchange transactions through its network of international banks.
- Deltec holds no proprietary FX positions.
Credit – Overdraft and Term Loans
- Facilities can be granted against the security of diversified, “liquid” portfolios held by Deltec.
- These maybe Short Term Overdrafts or Term Loans, that are subject to annual review.
- Regulatory limits on single and related party exposure are imposed.
Payments & Receipts of Funds
- Deltec will make payments/transfers by wire or check on client instructions or for the purchase of investments.
Custody and Investment Purchase and Sales
- Deltec provides a full “back office” capability to transact and hold client investments.
Reporting
- High performance software is used to provide up-to-date Portfolio Statements and Current Account, Transactional Reporting.