Bank Accounts

Bank Accounts


When it comes to the investment industry, having the right bank accounts is crucial for supporting operations and achieving investment goals. With its tailored accounts and correspondent relationships with leading institutions like Bank of New York Mellon, State Street, and ICBC, DMS Bank is the go-to provider for of banking services for the funds management industry.

What sets DMS Bank apart is its deep understanding of the banking needs of the asset management industry and its investors. By tailoring its accounts to the specific needs of the funds industry, DMS Bank can provide clients with the flexibility and support they need to achieve their investment goals. And with a highly experienced team and industry-leading technology for asset management, DMS Bank offers seamless account opening processes, so clients can start managing their funds as quickly as possible.

DMS Bank has the expertise and resources to provide clients with the fund accounts they need to succeed. And with its correspondent relationships, clients can be sure that their funds are in good hands.

In short, when it comes to tailored bank accounts for the investment industry, there’s no better choice than DMS Bank. With its professional expertise and commitment to excellence, DMS Bank is the partner you can trust for all your investment banking needs.

Subscription and Redemption Accounts image/svg+xml Atoms / Icons / plusExpand Atoms / Icons / plusExpand
Subscription and redemption accounts are specialised bank accounts that are used by hedge funds to manage investor subscriptions and redemptions. These accounts are often established and maintained with the help of a hedge fund administrator or a custodian bank. A reserve account can also be opened in order to hold funds in reserve for various purposes such as meeting redemption requests and paying service providers or regulatory fees.
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Custodial Accounts image/svg+xml Atoms / Icons / plusExpand Atoms / Icons / plusExpand
In order to manage the assets and investments of high-net-worth individuals, institutional investors, and pension funds, hedge funds require a reliable and secure way to store and manage these assets. DMS Bank can provide custodial accounts to hold the assets and investments providing secure storage and safekeeping, as well as accounting and reporting services.
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Operating Accounts image/svg+xml Atoms / Icons / plusExpand Atoms / Icons / plusExpand
For hedge funds, managing the day-to-day cash flows of their operations is crucial to their success. DMS Bank can provide operating accounts for managing the daily cash flows of a hedge fund, such as paying salaries, expenses, and fees. These accounts provide basic banking services such as checking and savings accounts, wire transfers, and online banking.
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Escrow Accounts image/svg+xml Atoms / Icons / plusExpand Atoms / Icons / plusExpand

When a fund is subject to specific conditions or events, such as a merger, acquisition, or settlement, it is crucial to have a reliable and secure way to hold these funds. DMS Bank can set up escrow accounts used to hold funds that are subject to any one of these types of events.

DMS Bank covers the following escrow transactions:

  • Mergers & Acquisitions
  • Asset sales/divestments
  • Acquisition Financing
  • Pending IPO
  • Corporate Restructuring
  • Private Equity and Hedge Fund Capital Raising
  • Segregated Collateral Accounts
  • Project Finance
  • Real Estate Sales and Leaseback
  • Royalty Payments
  • Patent or Copyright Licensing.
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Fund and Corporate Bank Account Application Forms

Please download and complete your required bank account opening form and return it to Mark Higgins at for review by our team.  Once your application has been reviewed our team will come back to you promptly to confirm if we are able to assist you and if so, we will outline the next steps including onboarding and due diligence processes.

DMS Bank is able to mitigate risk by utilising comprehensive systems and controls developed to exceed the requirements of the global regulatory architecture and industry best practices. Our approach to client acceptance is risk-based and we have in place technologies to minimise risk to both clients and DMS Bank.

To find out more about your account opening needs, please contact your usual DMS Bank representative or contact us.

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