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.