EFG Private Bank

EFG Private Banking
Reader Rating6 Votes
2.4

Last updated: October, 2020

About EFG Private Bank

EFG is a globally-operating private banking group founded in 1988 and headquartered in Zurich, Switzerland. Founded in 1995, the bank was born after it acquired the rights to the Zurich office of Banque de Deposits, plus the Swiss arm of the Royal Bank of Scotland. EFG Private Bank is the primary Swiss private banking subsidiary of EFG International, which has private banking businesses in 40 locations across the world.

EFG Bank has branches and offices in Europe, Asia Pacific, the Middle East and the Americas. In the UK, it is headquartered in London.

EFG Products and Services

EFG is a private bank and so focuses on providing financial services to high net worth individuals. Services include current accounts and debit cards, credit cards, mortgage and property finance, fixed-term loans, bridging loans and overdrafts.

EFG treasury services include foreign exchange, vanilla and exotic exchange options, dual currency deposits and interest rate derivatives.

All EFG customers are assigned a dedicated Relationship Manager, who handles all of their business. Services can be provided onshore from London, or offshore from EFG in the Channel Islands and are available in all major currencies.

Credit is another cornerstone of the EFG business, and lending amounts vary depending on the collateral against which the loan is offered. Customers can secure loans against gifts, bonds, equities, cash, hedge funds and property. Mortgages are mostly secured against residential properties, mostly in London and selected European locations.

The investment team at EFG works with selected advisors and investment managers to offer stockbroking services and fund management plus portfolio trading and discretionary fund management in the UK and Europe. Investment services can be provided on or offshore.

EFG Security

EFG has a team of dedicated security experts working to develop and maintain solutions that keep customers’ information safe. Extensive information detailing how customers can help themselves is detailed on the EFG website.

EFG Private Bank Contact Details

Leconfield House Curzon Street
London
W1J 5JB

Telephone: 0207 491 9111

Email: [email protected]

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