The depends on the beneficiary bank

To support clients interest in foreign real estate, we cooperate with trust partners with high-quality expertise in the markets of presence. — How fast are cross-border transactions now? – There are many nuances. And on the currency. In our bank, money transfer usually takes one to two days. Individual currencies are sometimes slightly longer due to special time constraints. Private banking in 2023: rise or fall? – In the context of falling real incomes of the population and the departure of many wealthy Russians abroad, it seems that the private banking segment is shrinking.

The past year has been challenging

Is it true that soon there will be no one to sell such a Canada Mobile Number List service or is it a myth? I think this description of the situation is a gross exaggeration. but customers and their families still prefer quality service, low commission costs, and a high level of service. It is unlikely that we will see a general rejection of private banking services. In the first half of 2022, the volume of cross-border transfers and cash withdrawal operations increas. It was a difficult time, they work practically around the clock. But already the second half of the year show that customers have adapt to the new realities. Now we do not see global changes pricting a narrowing of the private banking market.

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We look to the future with ambition and set serious

Is it reasonable for banks to build far-reaching goals in USA CFO the development of private banking-direction? – Certainly goals. First of all, we plan to expand our client base and increase the volume of capital raising. With the scaling of the business, we plan to expand the team of experts. And we will continue our regional expansion: last year we open private banking in St. Petersburg, Krasnodar, Chelyabinsk, in January of this year – in Rostov-on-Don. We plan to further expand the geography of our presence. – And last year was not a failure for this segment.

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