We are excited to announce some important news. Deltec Bank & Trust Limited (“Deltec Bank”) entered into an agreement with Britannia Bank & Trust Ltd. (“Britannia”), a well-respected and trusted leader in private and corporate banking in The Bahamas since 1997, for the acquisition of Deltec Bank’s banking and fiduciary business.
We are pleased to inform you that the acquisition has now received all necessary regulatory approvals. This acquisition promises to further enhance the financial services available to you, while leveraging all the advantages of The Bahamas as a premier international financial services center.
What This Means For Our Valued Clients:
The transfer of your account is anticipated to occur automatically and seamlessly. Importantly, there will be no costs associated with this transfer and you will immediately gain access to Britannia’s network of financial services.
Throughout this process, we want to assure you that your service will remain uninterrupted. Your dedicated Relationship Manager will remain your primary point of contact, continuing to provide the same level of service you’ve come to expect.
As part of this transition, we can arrange for you to meet with the executives of Britannia, at your request. This will be an excellent opportunity for you to discuss what to expect, learn about the benefits of this transition, and get acquainted with the team that will be supporting you moving forward.
In accordance with the Terms and Conditions of your accounts, should you decide not to transfer your account relationship to Britannia, please let your Relationship Manager know in writing on or before Friday, October 4, 2024. No action is required if you wish to continue enjoying uninterrupted access to your account and gain immediate access to Britannia’s services and exclusive financial opportunities.
We are excited for you to continue receiving best-in-class financial solutions grounded in trust, integrity, and professionalism. Should you have any questions regarding what this business transaction means for you, please do not hesitate to reach out to your Relationship Manager.
