Banque de Patrimoines Privés products, services and reviews

About Banque de Patrimoines Privés

Banque de Patrimoines Privés (BPP) is a Luxembourg credit institution focused on private banking and wealth management, operating under the supervision of the Commission de Surveillance du Secteur Financier (CSSF) and participating in the Fonds de garantie des dépôts Luxembourg (FGDL). The bank’s core activity set typically includes multi-currency current and term accounts, cross‑border payments with EU IBANs, custody and safekeeping of securities and investment funds, execution-only brokerage, investment advisory and discretionary portfolio management under MiFID II, foreign exchange and money market services, and credit secured by financial assets (Lombard lending). The client base is oriented toward high-net-worth individuals, entrepreneurs, family offices, and professional or corporate entities requiring custody and investment services in a Luxembourg booking center; it is not positioned as a mass-market retail provider. Onboarding is selective and subject to standard KYC/AML and source‑of‑wealth documentation; non‑resident relationships may be considered depending on the client profile and service scope. Pricing is provided via tariff schedules on request and generally comprises account maintenance fees, custody fees based on assets under custody, brokerage commissions, and FX spreads; cash balance fees may apply by currency and market conditions. Digital access is available through e‑banking, with a relationship‑driven service model. Eligible deposits are protected by the FGDL up to €100,000 per depositor per bank; market losses on investments are not guaranteed, and certain investment claims fall under the Luxembourg investor compensation scheme (SIIL) up to €20,000 within legal limits. The bank publishes annual financial statements in Luxembourg and is subject to EU prudential requirements on capital and liquidity.