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Banking & Bermuda Monetary Authority
Kageaki Smith
Bermuda's Banking and Monetary Authority

Bermuda banking has enjoyed a long and successful history. Started more than 100 years ago to service local businesses, Bermuda banking companies now reach out to every corner of the globe with investment management, trust management and administration services. The banks are technologically advanced with on-line banking and international bill payment. Our banks offer everything you might expect of a sophisticated financial institution - credit and debit cards, investment services, 24-hour ATM facilities, real-time online banking, loans and financial advice.

The Bermuda dollar equals the US dollar and American money is accepted everywhere on the island. No other currency is accepted, but can be exchanged by local banks at market rates. Credit cards are accepted at most retail outlets and there are ATM cash machines around the island.

Bermuda's financial services industry is overseen by the Bermuda Monetary Authority.


BMA - BMA House, 43 Victoria Street’ Hamilton HM 12
Tel: 441-295-5278
Fax: 441-292-7471
Website: www.bma.bm

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Bank of Bermuda - HSBC

Bank of Bermuda is a leading financial services company providing a comprehensive range of fund administration, trust, custody, asset management and banking services to institutions and individuals. Founded in 1889, the group grew to span 17 of the world’s key financial and offshore centres prior to joining the HSBC Group’s network in February 2004.

Strongly positioned as a specialist in niche markets, the Bank’s clients include high net worth individuals and families with cross-border wealth management needs, alternative investment vehicles, and offshore multi-national orporations. In serving these clients, the Bank focuses on combining technical expertise with a deep understanding of clients’ needs to offer the customised financial solutions that set it apart from larger, commodity-type service providers.

Butterfield

The Butterfield group is a full service community bank and a provider of specialised international financial services.

The Butterfield group offers a full range of community banking services in Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury activities. In the wealth management area, the group provides private banking, asset management and personal trust services from its headquarters in Bermuda and subsidiary offices in The Bahamas, the Cayman Islands, Guernsey, Hong Kong, Malta, Switzerland and the United Kingdom. Butterfield also provides services to corporate and institutional clients from offices in Bermuda, The Bahamas, the Cayman Islands and Guernsey, which include asset management and corporate trust services.

Capital G Bank Limited

Managing your investments in accordance with your objectives is essential in meeting your personal or business goals. You can turn to the investment specialist at CAPITAL G for a customized investment portfolio that is uniquely suited to you.
A team of experience financial consultants will take the time to understand your investment objectives and recommend sound ways to achieve them.

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