Characteristics of private banks

1. Privacy: Privacy is the most important thing for private banks. Private banks must ensure that privacy standards meet the needs of customers, so as to ensure the safety of property and realize the preservation and appreciation of customer property;

2. particularity: the particularity of private banks is reflected in three aspects: service, personnel and financial planning;

3. Professionalism: Private banks are involved in the management of huge assets and have very high requirements for professionalism. How to improve the level of industrialization has become the key to the competition of private banks.

What are the main types of private banking?

1. Offshore fund: Also known as overseas fund, it refers to an investment fund whose funds come from abroad and are invested in foreign securities markets. Its main function is to avoid the risk of a single domestic market and help customers allocate assets on a global scale;

2. Global wealth protection: setting up offshore private companies in overseas tax-free countries and regions is one of the important schemes for global wealth protection, which is beneficial to tax and estate planning. Its main function is to hold assets such as foreign exchange deposits, securities investment, gold, real estate and land. If it is combined with the family trust fund established abroad, the guarantee effect will be better;

3. Family Trust Fund: Family Trust is also an effective way for private banks to protect customers' wealth. According to the trust agreement, the trustee is the legal owner of the property and must manage the property according to the applicable laws and the terms of the trust agreement.