Cash Management

Whether you are undertaking a routine transaction or accessing more complex services, CIBC Caribbean Private Wealth Management provides you with a full range of Private Banking services to meet your cash management and banking needs with the professional expertise you demand and the personal touch you expect.

In reviewing your financial affairs, your Private Banker will assess your day-to-day banking and cash management requirements. The solutions provided will help you manage your cash more effectively while ensuring access to your funds when and where you want.

Our cash management solutions include:

• Personal banking at any CIBC Caribbean Private Wealth Management office or CIBC Caribbean branch
• Electronic banking access including ATM, telephone and online banking through a customised bank card
• Withdrawal limits that are tailored to your requirements
• Personal cheques, credit cards, bank drafts, and money orders

 Wealth Preservation

We understand the value of careful planning for you and your family. Our wealth structuring specialists can highlight various trust, estate planning and tax-optimisation strategies appropriate for your circumstances.

Through estate planning, you can concentrate on effective asset protection and preservation strategies such as:

• Trusts to split income, provide income for family members, or maintain privacy of your financial affairs
• Charitable giving to achieve your philanthropic goals and gain enhanced tax benefits for you or your estate
• Life insurance to fund the tax, legal and other expenses that arise upon death, or to leave a legacy for your heirs
• Joint ownership to potentially reduce or avoid probate taxes
• Choosing the executor who has the specialised expertise and neutrality to carry out your estate plan so that your wishes are followed
• Powers of attorney for personal care and for property to protect you and manage your assets if you become ill or incapacitated

An effective estate plan recognises your accomplishments and continues the path you have followed for the benefit of your heirs.

Credit Planning and Management

Regardless of your wealth you may have unique, and sometimes complex, borrowing needs ranging from basic credit to more sophisticated tax-optimisation strategies. At CIBC Caribbean Private Wealth Management, we have both the expertise and the solutions to create the credit strategies you require. Our resident team of advisors includes specialists in structuring credit and credit management.

Our versatile credit products range from traditional loans, mortgages and credit cards to highly customised, specially structured loans and lines of credit with privileged terms and conditions. Your Private Banker can guide you to the solutions that best fit your circumstances.

Business Planning

If you are a business owner, CIBC Caribbean Private Wealth Management understands that you have worked hard to achieve success and that the wealth you enjoy today is directly linked to your business expertise. We ensure that your business is an integral part of your planning, tailored to suit your unique circumstances.

Working closely with our experts in owner-managed businesses, your Private Banker will identify opportunities and strategies to create liquidity and growth for your business. From business succession planning to monetisation, the solutions proposed will reflect your needs as an individual investor and as an entrepreneur.