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News
backClose unveils Advantage
SPECIFICALLY targeting the internationally mobile and expatriate community, Close Wealth Management Group (CWMG) has launched Close Advantage – a range of bank accounts with integrated share dealing facilities tailored to meet the international banking requirements of clients.
Advantage offers clients a range of account types, including current accounts for instant access, money market deposit accounts, notice accounts and interest bearing multicurrency accounts, available in sterling, euro and US dollars.
Close confirms that the Advantage range offers “commission-free foreign exchange services and Visa Gold card facilities, as well as the ability to split capital and income. The range is further complemented by an international share-dealing facility, giving clients access to all major security markets for trading stocks and shares, unit trusts and other exchange traded instruments.
Phil O’Shea, Head of the International Banking arm, tells Expat Investor, “In Advantage, we have created a ‘pick and mix’ approach. This flexibility allows us to meet our clients’ needs on an individual basis. Advantage offers real choice and clients can select from a range of features, benefits and account types that best suit them. An automatic account sweeping system ensures monthly account balances are maintained providing liquidity for our clients and avoiding overdraft charges.”
The range is further underpinned by “a high level of service, delivered by a team of senior banking professionals, together with on-line reporting that gives clients total oversight of their consolidated range of bank accounts and investment assets.” This sophisticated range of bank accounts is available with a £20,000 minimum deposit, with accounts domiciled in Guernsey and the Isle of Man.
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