Overview
Velmont Private Reserve accounts are designed for members who require a stable, private reserve relationship outside retail channels. Each account is opened following individual membership review and maintained through a named relationship officer at head office in Panama City.
Accounts support major currencies as defined in member agreements. Statements, correspondence, and transaction confirmations are delivered through appointed relationship officers rather than public branch infrastructure.
Key features
- Multi-currency checking, savings, and reserve account structures
- Real-time balance visibility through member relationship channels
- Named relationship officer assigned at account opening
- Consolidated balance reporting across currency denominations
- No public counter services — appointment-led account management
- Consolidated statements across currency denominations
Who this is for
Private reserve accounts serve individuals, family offices, and qualified entities seeking a Panama-domiciled private reserve relationship. Membership is subject to institutional review, compliance assessment, and suitability review.
This service is appropriate for clients who value permanence, cross-border flexibility, and direct access to their private reserve relationship without retail intermediation.
Terms & fees
Account structures, permitted activity, fees, and settlement timelines are defined in individual member agreements and the institution's applicable fee schedule. Standard withdrawal processing is 3 weeks from approval. These terms are provided to prospective members during the onboarding process and are available to existing members upon request.
Suitability and compliance requirements are assessed during institutional review. The institution does not publish account terms on this website.