Client due diligence
All prospective members are subject to identity verification, source-of-funds review, and ongoing monitoring in accordance with institutional anti-money laundering policies.
Private Reserve
Relationship-led private reserve
since 1923
Velmont Private Reserve provides private reserve, custody, and cross-border payment services to a defined membership of individuals and corporate clients. The institution operates from a single headquarters in Panama City.
Velmont Private Reserve
Head office · Panama City
Overview
Institutional services
Corporate history
Institutional background and development since 1923.
Read moreAccounts & custody
Multi-currency accounts and custody arrangements for members.
Read moreClient onboarding
Membership standards and application procedures.
Read moreClient relations
Relationship officers and institutional correspondence.
Read moreAbout
The institution
Velmont Private Reserve has operated from Panama City since 1923. The institution provides private reserve services to members on a relationship-led basis. Velmont does not offer retail services, public counter services, or walk-in account opening.
Client accounts are administered through appointed relationship officers. Services include multi-currency accounts, international transfers, custody arrangements, lending where approved, and payment instruments for qualified members. All activity is subject to institutional policies, member agreements, and applicable law.
- Head office in Panama City, Republic of Panama
- Private and corporate client membership
- Non-retail institution — services by appointment
- Fee schedules and terms provided upon onboarding
- Withdrawals processed within 3 weeks — no withdrawal fee
Corporate particulars
- Registered name
- Velmont Private Reserve
- Head office
- Panama City, Panama
- Jurisdiction
- Republic of Panama
- Year established
- 1923
- Business model
- Private reserve
- Client category
- Individuals & entities
- Withdrawal processing
- 3 weeks standard settlement
Operating structure
Private Reserve administration is conducted from the Panama City head office. The institution does not maintain retail branches. Correspondence and client meetings are arranged through relationship officers.
Corporate historyServices
Private Reserve & custody
The following services are available to approved members under the terms of their account agreements and applicable institutional policies.
01
Reserve accounts
Multi-currency checking, savings, and reserve accounts with relationship management.
View service 02International transfers
Cross-border wires and internal transfers administered from head office.
View service 03Custody services
Institutional custody arrangements for approved members.
View service 04Credit facilities
Lending subject to credit assessment and institutional approval.
View service 05Payment cards
Debit and credit instruments issued to qualified members.
View service 06Client relations
Relationship officers for account administration and enquiries.
View serviceHistory
Corporate heritage
Founded in 1923 in Panama City, Velmont Private Reserve has operated continuously as a private reserve institution serving a defined membership. The institution has maintained a single head office throughout its history.
1923
Establishment
Velmont Private Reserve incorporated and commenced operations in Panama City.
—
Private reserve model
Institution structured exclusively for private client relationships. No retail operations.
Present
Continued operations
Ongoing administration of member accounts and custody services from head office.
Governance & compliance
Regulatory framework
Velmont Private Reserve operates under the laws of the Republic of Panama. The institution maintains internal policies governing client onboarding, transaction monitoring, and record-keeping consistent with applicable requirements for private reserve operations.
Terms & disclosures
Private Reserve services are governed by written member agreements. Fee schedules, settlement terms, and service limitations are disclosed at onboarding and available upon request to existing members.
Data & privacy
Client information is handled in accordance with institutional confidentiality standards. Data processing practices are described in the institution's privacy notice provided to members.
Regulatory notice: Velmont Private Reserve is a private reserve institution incorporated in the Republic of Panama. This website provides general corporate information only and does not constitute an offer of private reserve services, investment advice, or a solicitation to open an account. Services are available solely to approved members subject to institutional review.
Contact
Head office
Velmont Private ReserveHead office
Panama City
Republic of Panama
v-p-r@verifybythecode.com
General institutional enquiries and existing member correspondence are handled through appointed relationship officers during standard business hours (Panama time, Monday–Friday).
Correspondence
- Emailv-p-r@verifybythecode.com
- Institutional enquiriesVia relationship officer
- Existing membersThrough appointed officer
- Business hoursMon–Fri, Panama City
Registered office
Head office
Panama City
Republic of Panama
Jurisdiction
Republic of Panama
Velmont Private Reserve is incorporated and headquartered in the Republic of Panama. All private reserve operations, custody services, and member account administration are conducted from the head office in Panama City.
Principal office
Head office, Panama City, Republic of Panama
Client base
Private and corporate members — non-retail institution
Service model
Private reserve relationships through appointed officers