Citco Bank Nederland NV

Citco Bank Nederland N.V. is a Netherlands-incorporated credit institution within the Citco group that provides banking and asset servicing to institutional clients, particularly investment funds and their managers. Authorized under the Dutch Financial Supervision Act and supervised by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets, it focuses on custody and cash solutions, including multicurrency accounts, payments, foreign exchange, and safekeeping via a network of sub-custodians. Through branches in Ireland and Luxembourg, it also performs depositary functions for locally domiciled alternative investment funds in line with applicable EU requirements. The bank operates through secure electronic channels and SWIFT connectivity, with segregation of client assets and maker-checker controls standard in operating procedures. It does not market retail products such as personal current accounts, cards, or consumer lending, and pricing is set contractually rather than published in a standard tariff. As a Dutch bank, eligible deposits fall under the Dutch Deposit Guarantee Scheme up to €100,000 per depositor, while certain investment services may be covered by the Dutch investor compensation scheme subject to eligibility and limits. Public credit ratings from major agencies are limited, and financial statements are available in annual reports filed in the Netherlands. Onboarding is restricted to professional counterparties and is documentation-intensive in line with KYC, AML, and sanctions requirements.