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23 April 2024news

Flagstone International partners with Standard Bank Offshore

International cash deposit platform Flagstone International has announced a partnership with Standard Bank Jersey (Standard Bank Offshore).

The collaboration means Standard Bank Offshore’s deposit products will be made available to clients of Flagstone International via their proprietary platform.

The move continues to improve the convenience, and choice that Flagstone International clients have to manage their cash deposits and foreign exchange needs optimally across multiple banks.  

Launched in 2023, the Flagstone International platform is already widely available through a range of distributors such as trust companies, private banks, wealth managers, captive insurers and family offices which include the likes of Ocorian, TMF Group, JTC Plc, CSC (Jersey), St. James’s Place (Middle East) and Crestbridge.

This latest move follows similar multi-jurisdictional deals with other global banking partners with more planned as Flagstone International continues to expand.

Helen Vieira, head of banks at Flagstone International, said: “Our aim is to provide clients with access to the most attractive cash deposit products in multiple currencies across multiple jurisdictions and banking institutions through our platform. Standard Bank is absolutely one of those institutions. It’s fantastic that we can now offer Standard Bank products via our platform and provide more choice for our international clients to manage their cash assets. This collaboration marks a significant step forward in our mission to provide top-tier deposit products to our clients.”

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12 April 2024   The Cayman company is involved in captive services and other financial offerings.
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23 April 2024   Risk management firm continues to grow with new appointment.