Private Banking Meaning Examples How It Works
What is Private Banking? Key Takeaways Private banking is a form of banking service in which the HNWIs get a dedicated financial representative who manages their banking and financial matters. This facility is available only to high-net-worth individuals (HNWI) who have a certain minimum amount of investable assets.The services offered by a private banker differ as per banks. Some of it includes banking transactions and providing discounted rates on loans and investment....