At Bemo Europe - Banque Privée, we believe strongly in and advocate risk diversification. That's why we offer a range of fiduciary placements designed to help clients achieve their target return with confidence and peace of mind. Our platform of fiduciary takers combines geographical and rating diversification to meet the diverse needs of our clients.

Fiduciary deposits are financial products where a customer specifically instructs a bank (known as the "agent bank") to invest their assets with a third-party bank (known as the "recipient bank") in the agent bank's name, but for the benefit and risk of the customer. The customer typically pays a fee (commission) to the agent bank for carrying out this service.

This service is generally aimed at high-net-worth individuals with significant asset portfolios, part of which may include cash. The funds are held in the name of the agent bank, potentially allowing the customer to earn interest rates typically reserved for banks or large institutions.

Banks view this service as a way to diversify risk for customers, streamline administration (since the customer only needs to engage with one bank instead of multiple institutions), promote efficient cash management, and, for high-net-worth individuals, consider it as a distinct 'asset class' within a larger investment portfolio