Finance

LLC Limited Liability Companies, What are LLC Limited Liability Companies?

Do you want to know more about LLC Limited Liability Companies? You need to call Swiss Trust Bank Now on 001-784-458-2400 for a more informal discussion.

Limited Liability Companies

An LLC is a business structure that is a hybrid of a partnership and a corporation. Its owners are usually protected from personal liability (similar to a corporation), while the profits and losses are allocated among the owners without taxation of the entity itself (similar to a partnership).

If you have special requirements, Swiss Trust Bank will provide any additional corporate services you may require.

Swiss Trust Bank Private Banking

Account Type Minimum Balance Details

Ordinary $1,000 Free paperless or monthly statement record keeping. Non-interest bearing account. Service Charge of $20 per month if balance falls below $1,000.

Regular $10,000 Free paperless or monthly statement record keeping. 1.5% Interest paid annually. No Interest is paid if balance falls below $10,000. Statements issued monthly only with account activity.

Silver $100,000 Free paperless or monthly statement record keeping. 2.0% Interest paid annually. If balance falls below $100,000, the rate will be reduced accordingly. Statements issued monthly only with account activity.

Gold $1,000,000 Free paperless or monthly statement record keeping. 2.5% Interest paid annually. If balance falls below $1,000,000, the rate will be reduced accordingly. Statements issued monthly only with account activity.

Platinum $10,000,000 Free paperless or monthly statement record keeping. 3.0% Interest paid annually. If balance falls below $10,000,000, the rate will be reduced accordingly. Statements issued monthly only with account activity.

Each bank account is subject to a $350 setup fee and a $100 annual service fee.

Do you want to know more about LLC Limited Liability Companies? You need to call Swiss Trust Bank Now on 001-784-458-2400 for a more informal discussion.

The Author of this article David Morgan is manager of the Swiss Trust Bank Group and has over 20 yrs experience in the banking and financial world. You have permission to syndicate this article providing you the link it to http://www.swisstrustgroup.com

D Morgan

 Tags: LLC, Limited Liability Companies, Swiss Trust Bank Private Banking

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Aphorism

The only investors who shouldn't diversify are those who are right 100% of the time (1983)

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