Noramtrust
USA Company Information
About
The Noramtrust USA Company
NORAMTRUST U.S.A. was launched in April 1976 to provide qualified
persons and legal entities with a better way of investing in deposits
with U.S. banks. They enjoy these benefits:
HIGHER
INTEREST
Through the expertise of NORAMTRUST U.S.A. management, investors'
funds have access at all times to more than 10,000 U.S. banks. Such
access results in their earning consistently higher interest through
cost-free, same-day, bank-to-bank wire transfers.
Prevailing fixed rates range from 5.00% to 6.80%.
ABSOLUTE SAFETY
Deposits are individually and automatically insured in full up to
US$ 100,000 with each U.S. bank by the Federal Deposit Insurance
Corporation, a permanent agency of the U.S. Government.
By
diversifying deposits among not less than 10 U.S. banks paying highest
available interest, the investor with more than US$ 100,000 in funds
to invest automatically benefits from up to US$ 1 million or more
in deposit protection guaranteed by the FDIC.
Established
by the U.S. Congress in 1933 to infuse confidence in the U.S. banking
system by guaranteeing the safety and liquidity of all deposits,
the FDIC has an enviable record: Not a single dollar in an FDIC-insured
deposit has been lost in more than 60 years, regardless of the Depositor's
nationality or place of residence.
Furthermore,
the FDIC's insuring authority is backed 100% by the "full faith
and credit" of the U.S. Treasury. No AAA or AA credit-rated
bank operating outside the U.S.A. can offer such safety and peace
of mind.
Finally,
whenever opening a Fiduciary Account through NORAMTRUST U.S.A.,
adding funds to the account, or making liquidations therefrom, all
transactions are done bank-to-bank between the investor's bank and
NORAMTRUST's Custodian Bank located in Boston, U.S.A.
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