Preferred Professional Status

BOSLIL is pleased to offer Preferred Professional Status to quality intermediaries who require a banking partner willing to work with them and their clients.  BOSLIL understands how important efficient and flexible international banking service is to intermediaries in today's banking environment and has created a program which easily accommodates portfolios of clients made up of various structures.

The main features of the Preferred Professional Status are as follows:

A streamlined application process

BOSLIL creates master due diligence files. Ideal for trust services providers and other professionals involved in the administration of their clients' structures and financial transactions and the result is a non-repetitive due diligence process.

Structure charts can be created

BOSLIL and the Preferred Professional will devise certified charts for structures which will identify all entities involved in a structure. This will eliminate the need for forwarding due diligence documentation for every entity involved in a structure.  The Preferred Professional will agree to foward due diligence on any entity of a structure should BOSLIL request.

Dedicated client portfolio representatives

BOSLIL will assign customer service and other support representatives to manage the needs of a Preferred Professional's portfolio. This support mechanism not only considers the needs of the clients of a portfolio but also the needs of the Preferred Professional in managing the portfolio. Portfolio reports can be generated for Preferred Professionals.

Continuous needs assessment

BOSLIL will meet with a Preferred Professional annually to discuss the portfolio. Preferred Professionals have the choice to meet at their offices or at BOSLIL.

Fee discounts

Depending on the size of a portfolio and the volume of transactions, Preferred Professionals may negotiate for lower transaction costs for their clients.