Andbank (BAHAMAS) Limited 100% subsidiary of Andbank Group 2 - PowerPoint PPT Presentation

Andbank (BAHAMAS) Limited 100% subsidiary of Andbank Group

2 Andbank (Bahamas) Limited Strategic Location 1 The 10 Pillars Of The Bahamas Bridge to the Americas with direct  flights to Panama and Miami 700 Islands  Ideal hub for regional market  (approx. 10 bio USD) and international business Pillar One Same time zone as New York and  Toronto

3 Andbank (Bahamas) Limited Wealth Management Options 2 The 10 Pillars Of The Bahamas Diversity of licensed banks (over  250), trust companies and advisory firms More than USD 200 bn under  management Structures available for funds, smart  funds, IBCs, captive insurance, trusts Pillar Two and foundations

4 Andbank (Bahamas) Limited Physical Resources 3 The 10 Pillars Of The Bahamas Modern facilities with fiber optic  cable networks Fast and efficient communication  21 International airports  Freeport industrial zone  Pillar Three

5 Andbank (Bahamas) Limited Human Capital 4 The 10 Pillars Of The Bahamas Solid educational system  Estimated 9000+ financial  professionals Government provides training for  local work force to ensure skilled labor force Pillar Four

6 Andbank (Bahamas) Limited Taxation 5 The 10 Pillars Of The Bahamas Tax neutral platform  No income, capital gains, inheritance  taxes Respect for personal privacy  30 TIEAs incl. Spain  Pillar Five Compliant tax business for US  citizens welcome

7 Andbank (Bahamas) Limited Political & Economic Stability 6 The 10 Pillars Of The Bahamas More than 280 years of political and  economic stability Common Law  Member of UN, Commonwealth  Nations Investment grade government debt  Pillar Six rating (S&P and Moody’s ) Stable currency on par with USD 

8 Andbank (Bahamas) Limited Regulation 7 The 10 Pillars Of The Bahamas Regulatory independence maintained through the separation of roles of policy makers: Central Bank - Banks and Trust  Security Commission - Securities and  Funds Industry Pillar Seven Participant in organizations that  monitor standards for Anti-Money Laundering and Countering of Terrorist Financing

9 Andbank (Bahamas) Limited Work Permits & Immigration 8 The 10 Pillars Of The Bahamas Foreigners with specialized skills that  are not locally available are welcome Direct flights from many  international destinations, Panama, London, Canada, US Excellent schools  Pillar Eight Good hospitals 

10 Andbank (Bahamas) Limited Permanent Residency 9 The 10 Pillars Of The Bahamas Min. real estate investment of USD  500,000. — An investment of USD 1,5 mio  guarantees expedited review within 21 days Pillar Nine

11 Andbank (Bahamas) Limited Lifestyle & Culture 10 The 10 Pillars Of The Bahamas Restaurants and relaxation, family  fun, entertainment, adventure and exploration Out-door attractions, beaches, luxury  resorts, golf courses, restaurants, duty free shopping Legal framework upholding just  Pillar Ten moral standards and ethical values

12 Andbank (Bahamas) Limited Account Opening Natural and Legal Persons Documentation required as per  international standards English documentation mandatory  Client signs Risk and Investment  Profile as well as suitability and appropriateness Trusted corporate services providers  available to setup different structures Any shareholder with more than 10%,  considered an BO requires complete due diligence Min amount: USD 1 mio or equivalent 

13 Andbank (Bahamas) Limited Client Relationship Natural and Legal Persons Andbank (Bahamas) Limited is under  the guidelines and supervision of the Central Bank of the Bahamas and the Securities Commission of the Bahamas Banker who introduces client,  maintains relationship to client with full local support of Andbank (Bahamas) Limited Client visit to The Bahamas is  advisable but not necessary

14 Andbank (Bahamas) Limited KYC Requirements Natural and Legal Persons Strict guidelines enforced by the Central Bank of the Bahamas and the  Securities Commission Notarized certified copy of client ID valid for at least 6 months  Utility bill or similar to prove residence and address and not older than 6  months Bank reference letter 

15 Andbank (Bahamas) Limited KYC Requirements Natural and Legal Persons Source of funds & wealth  Purpose of the account  Client’s professional activity  Same applies to power of attorney  holders and representatives on  the account Account can not be opened until all information is gathered  The KYC requirements applicable in the Bahamas are international  standard in line with 32 countries worldwide

16 Andbank (Bahamas) Limited Product Range Multi currencies  Portfolio Management  Fix Term Deposits & Fiduciary Deposits  Equities, ETFs, bonds, funds, derivatives,  options, futures, forex, spot & forwards Credit lines  International wire transfers  Credit cards  Online banking 

17 Andbank (Bahamas) Limited TIEAs Argentina Greenland Norway    Australia Guernsey Poland    Belgium Iceland San Marino    Canada India South Africa    China Japan Spain    Denmark Korea Sweden    The Faroes Malta United States    Finland Mexico   France Monaco   Germany Netherlands   Great Britain New Zealand  

18 Andbank (Bahamas) Limited The Bahamas

Andbank (Bahamas) Limited One Montague Place, East Bay Street P .O. Box A.P . 59223 Nassau, Bahamas Phone: +1 242 394 7090 Fax: +1 242 394 7089

Disclaimer “The information on this presentation is provided for general reference purposes only and is not intended to constitute any offer to accept deposits or the invitation or solicitation of an offer in respect of deposits or any product or service provided by Andbank Bahamas. This presentation is provided for information purposes only and cannot be construed as advice and must not be relied upon in connection with any decision to place any deposit with or to use any service provided by Andbank Bahamas. ” www.andbank.com