Trust Services In Bermuda

Bank of Butterfield offers trust services in Bermuda through its wholly-owned subsidiary. The Bank of Butterfield Executor and Trustee Company Ltd., which was formed in 1968 to take over the role of the Bank's Trust Department.

Personal trust services are more akin to what is now termed "private banking", often with client relationships spanning two or more generations. The benefits are tax driven and focus on estate planning and the protection of assets from political of assets from political and economic instability. Corporate trust services have evolved from this base, the client being a corporation as opposed to an individual, and special purpose trusts and companies are used to structure capital markets and financing transactions.