Abu Dhabi Commercial Bank (ADCB) on Tuesday announced the launch of ADCB Offshore Banking through its Jersey branch to cater to bank’s high net worth Excellency clients and Privilege Club members.
ADCB Offshore Banking will provide our UAE National and expatriate customers access to a wide range of products and services, in addition to the convenience of banking with ADCB, the bank said in a statement.
“Customers can operate accounts in multiple currencies from anywhere in the world, irrespective of their country of residence, reducing the need to hold accounts in different countries. Moreover they will be able to access their offshore accounts through personal internet banking facility, where all accounts will be viewed underOne View’ hence allowing customers to seamlessly transfer funds between offshore and onshore accounts. Customers can also access their funds internationally using their foreign currency debit cards”, it added.
Arup Mukhopadhyay, Head of Consumer Banking, said: “The launch of Offshore Banking through our Jersey Branch is a testament to ADCB’s continued commitment to the UAE banking sector and is expected to facilitate further positive growth in the industry. With Offshore Banking our customers will get local access to international wealth solutions from a secure and highly regulated jurisdiction. The launch of ADCB Offshore Banking though our Jersey branch is another stride towards helping our customers to achieve their financial ambitions.”
“The biggest advantage for customers is the accessibility of ADCB Offshore Banking. Customers can access funds from any of ADCB’s local branches, via our ADCB personal internet banking facility and phone banking service. Fund
