Bemo Europe - Banque Privee products, services and reviews

About Bemo Europe - Banque Privee

Bemo Europe - Banque Privee is a Luxembourg-based private bank focused on wealth management and investment services for high-net-worth clients and family structures, operating under the supervision of the Commission de Surveillance du Secteur Financier (CSSF). Its core offering typically includes discretionary and advisory portfolio management, execution-only brokerage, multi-currency current and deposit accounts, custody services, foreign exchange, and credit secured by financial assets (Lombard lending). The bank follows EU regulations including MiFID II for client classification and suitability, and applies standard Luxembourg and international compliance requirements such as AML/KYC, FATCA, and CRS. Access is relationship-manager led with standard online banking for account information and transactions; it is not positioned as a mass-market retail platform. Entry thresholds are generally high, with fees commonly comprising management and/or advisory charges, custody fees, and transaction costs, which are provided case by case and depend on mandate type and asset mix. Client money and securities are held under Luxembourg safeguards: cash deposits are covered by the Fonds de garantie des dépôts Luxembourg (FGDL) up to EUR 100,000 per depositor per bank, and eligible investment claims fall under the Luxembourg investor compensation scheme (SIIL) up to EUR 20,000, subject to statutory limits and exclusions. Cross-border availability and product access can vary by client residency and local rules, and onboarding is contingent on source-of-wealth documentation and the bank’s risk policies. Prospective clients should confirm current services, minimums, and tariffs directly with the bank.