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FNB Launches Offshore Branch; Channel Islands

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FNB Launches Offshore Branch; Channel Islands

Gaborone- FNB Botswana launched Channel Islands, the Bank's first offshore branch, at Basilico Bistro on the 09th of March. FNB Channel Islands is the Bank's first international banking solution for Premier and Private Clients.

FNB Channel Islands is located in Guernsey, in the English Channel, and allows FNBB clients the opportunity to save and transact in a number of currencies, namely Pound Sterling, US Dollar and Euro. Clients are able to transact with the convenience of the FNB Channel Islands online banking platform as well as interact with their dedicated Channel Islands Service Suite.

The Channel Islands offering is ideal for Private and Premier banking clients who want to diversify and protect their wealth offshore, and leave a legacy. In her opening remarks, FNB Botswana Retail Director, Boitumelo Mogopa said, "Strategic wealth management is about reviewing all of your investments and seizing any opportunities on offer. At FNB, we understand the life cycle of our clients and we endeavor to develop a product offering to assist them in diversifying their investments. FNB Channel Islands is such an offer".

In her presentation of the offering, Nikita Preston, Solutions Strategist at FNB International said, "Our savings vehicles cater for various client requirements, ranging from immediate access call to accounts to longer term fixes. By international standards, our interest rates are highly competitive too."

FNB Channel Islands gives customers the familiarity of the online banking look and feel that they are accustomed to, and are able to have control over their funds. Guernsey is a leading international financial centre, and is also the home of FNB's International Trustees, the Bank's specialist provider of offshore trust and company services to clients the world over.

FirstRand Bank Limited Guernsey Branch trading as FNB Channel Islands is regulated by The Guernsey Financial Services Commission and licensed under The Banking Supervision (Bailiwick of Guernsey) Law, 1994.