With banks all over the world collapsing under the weight of recession, it is no wonder that private banks are emerging from the rubble to take their place, or at least fight for a position at the top. They are competing with traditional institutions for the business of private investors, businesses, and all kinds of individuals who have lost faith in traditional banks.
Mondial Private Bank comes from an unlikely location: Turkish North Cyprus. As far as international banking is concerned, clients might have guessed that Dubai would be their financial destination, or some off shore destination, but they have many choices open to them. Established in 1993, Mondial Private Bank is not new, precisely speaking. At the same time, their name has an unfamiliar ring to the general public. What the company needed then, and now has, is the internet technology to make online banking safe and easy for everyone. Employees come from around the world, making it easy for them to form international client relationships.
The internet has been widening the scope of all kinds of financial transactions since it was first established, and in recent years internet banking, or e-banking, has become more popular than banking in person among many communities. This means that any bank able to accept customers and currency from around the world can compete for customers living thousands of miles away. Mondial Private Bank can now make a name for itself globally.
Mondial Private Bank will accept deposits in any hard currency as they put it. That is, if you are from the United States, Canada, England, China, and so on, you can open an account with this bank. They are able to provide loan arrangements to personal clients and trade finance for corporations. Arrange to make automatic payments through the bank. They also supply credit cards, conduct money transfers, and also handle investments for their clients. Their services are secure for safe banking from a home or business computer.