
Trust banking
Trust banking is a specialized service where a bank manages assets, such as money, property, or investments, on behalf of individuals or institutions. The bank acts as a trustee, following specific instructions to protect and grow the assets according to the client's wishes. This arrangement often relates to estate planning, wealth management, or charitable giving, providing clients with a professional, secure way to handle their assets while ensuring proper legal and financial management. Essentially, trust banking offers personalized oversight and fiduciary responsibility to safeguard and optimize one's financial legacy.