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Description

Silicon Valley Bank, a division of First Citizens Bank (“SVB”), is the bank of innovative companies and investors.

With 40+ years of dedication to this sector, SVB has deep experience banking investors and innovation clients. Our entire business – from our solutions and technology to our credit policy and beyond – was purpose-built for high-growth companies and investors, and delivered at the speed they require.

We are dedicated to the success of those who are quite literally inventing the future, and we have the full backing of 125-year-old First Citizens Bank to continue to pursue that mission.

 

Account Holding Bank Features:

•Account type offered: Current Account
•Residents Only
•Enhanced Due Diligence: Depends on Segment type and if any connections to restricted countries (Can take up to 45 days)
•Thresholds: N/A
•Online Banking: English Only. MT101s and MT940s available
 
All referrals must be sent to Internationaldesk@svb.com along with:
1) Account Opening form
2) Reverse solicitation letter
3) Beneficial owner structure 

Details

Host Bank

Yes

Account holding bank

Yes

Domestic branches

Present all around the US

Non-domestic branches

1 India Office

Short name

SVB

Bank type

Full

Website

https://www.svb.com/

Services Offered

Cash Services

Yes

Lockbox

Yes

Reconciliation tools (cheque/cash)

Yes

Sweeping and pooling

Yes

Trade services

Yes

Treasury management

Yes

Customer Services

Dedicated IBOS desk

Yes

Preferential IBOS customer service

No

Single point of contact for client

Yes

Customer service in English

Yes

Electronic Banking

Electronic banking in local language

No

Electronic banking in local English

Yes

The IBOS web portal

Through our online portal, IBOS members can access everything they need from a centralised dashboard. From easily looking up IBOS banks by country or group to accessing detailed information about each member, our member platform makes international collaboration easier.