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Banking & Financial Accounts

Ireland Private Banking Introduction

Ireland

Introduction to suitable private banking providers for eligible high-net-worth and ultra-high-net-worth clients with substantial investable assets.

Ireland has an established private-banking and wealth-management market serving high-net-worth individuals, business owners and families who need a more personal banking relationship.

Coutts Consultants can introduce eligible clients to suitable third-party private banks where a current provider route is available. We do not provide investment advice or manage the client's money.

Who private banking is for

Private banking is generally intended for clients with substantial investable assets and more complex or international banking needs than a normal personal account.

Private-banking eligibility in Ireland varies between institutions and can depend on investable assets, income, borrowing needs and the wider relationship. We check the current provider criteria before making an introduction rather than quoting a universal minimum.

More than a current account

A private banking relationship can include a dedicated relationship manager and access to banking, foreign exchange, lending and investment services offered by the bank.

The exact services depend on the institution. Any investment or lending advice is provided by the appropriately authorised bank or adviser, not Coutts Consultants through this introduction service.

Preparing for onboarding

Private banks normally want to understand identity, tax residence, source of wealth, source of funds and the background to the assets being introduced.

Entrepreneurs and business owners may also need to explain company ownership, a business sale, dividends or other sources of wealth. We help organise this information clearly.

How Coutts Consultants can help

We discuss the type of private banking relationship sought, review the client's broad profile and make an introduction where a suitable provider route is available.

The private bank makes the final acceptance decision and is solely responsible for any banking, lending, investment or wealth-management services it later provides.

Service details

Why choose Coutts Consultants

Coutts Consultants acts only as an introducer to third-party private banks for eligible high-net-worth clients. Coutts does not provide investment advice or discretionary wealth management.

What is included

  • Private banking needs discussion
  • Provider eligibility review
  • Client background preparation
  • Private bank introduction
  • Onboarding coordination

Benefits

  • Access to suitable private banking relationships
  • Provider matched to client profile
  • Help preparing source-of-wealth information
  • Clear separation from investment advice

Requirements

  • Substantial investable assets
  • Transparent source of wealth/funds
  • Complete identity and tax-residence information
  • Provider eligibility
  • Successful bank onboarding

Documents required

  • Identity/address evidence
  • Source-of-wealth information
  • Asset/investment overview
  • Tax-residence information
  • Business/ownership information where relevant

How it works

  1. 01Discuss private banking needs
  2. 02Review broad eligibility
  3. 03Prepare client background
  4. 04Identify suitable private bank
  5. 05Make introduction
  6. 06Assist with onboarding information

Timescale

Timing depends on the private bank, asset profile and complexity of the client's circumstances.

Related knowledge & guidance

Ready when you are

Ready to discuss your international business requirements?

Tell us what you are looking to achieve and we will help you identify the appropriate jurisdiction, structure or service.