BEMO EUROPE - BANQUE PRIVEE

BEMO EUROPE - BANQUE PRIVEE is a Luxembourg-headquartered private bank focused on wealth management and investment services under the supervision of the Commission de Surveillance du Secteur Financier (CSSF). It provides multi-currency accounts, custody and safekeeping, execution-only brokerage, investment advisory, and discretionary portfolio management, with access to listed securities, UCITS funds, money market instruments, structured products, and foreign exchange; access to alternative investments is typically restricted to eligible clients. Financing is generally limited to collateralized (Lombard) lending secured by portfolios rather than broad consumer or commercial credit. Client onboarding follows Luxembourg and EU standards, including full KYC/AML checks, source-of-wealth documentation, and MiFID II suitability/appropriateness assessments; cross-border account opening is subject to acceptance policies and local regulatory constraints. Pricing commonly combines portfolio management or advisory fees with custody charges, brokerage commissions, and FX margins; public fee schedules are limited and total costs depend on mandate and activity. The bank operates as a private banking platform rather than a retail bank, so everyday banking features (e.g., broad card issuance, extensive branch access) are limited. Deposits are protected by the Luxembourg deposit guarantee scheme (Fonds de garantie des dépôts Luxembourg) up to EUR 100,000 per eligible depositor, while investment services may fall under the investor compensation scheme (Système d’indemnisation des investisseurs Luxembourg) up to statutory limits; market-linked investments can fluctuate in value and are not guaranteed. Digital channels typically include secure online access for account and portfolio reporting, with relationship managers as the primary contact point.