Hamilton Reserve Bank now accepts UAE Dirham AED as a new customer deposit currency in addition to USD, EURO

Hamilton Reserve Bank Dubai Branch, an affiliate of global bank Hamilton Reserve Bank recently participated in a welcome ceremony for the first working visit to Dubai led by Saint Kitts and Nevis Prime Minister the Hon. Dr. Terrance Drew.

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LtoR: Hamilton Reserve Bank Dubai Branch relationship manager Ms. Sheeba Radhakrishnan, St. Kitts and Nevis Prime Minister Dr. Terrance Drew, Hamilton Reserve Bank Dubai Branch relationship manager Mr. Sandeep George (Photo: Business Wire)

Based in the Dubai World Trade Center, Hamilton Reserve Bank Dubai Branch is the only banking presence in the Middle East from a leading global bank headquartered in St. Kitts and Nevis, the hometown of America’s founding father Alexander Hamilton.

The official visit coincides with Hamilton Reserve Bank’s recent announcement accepting the UAE Dirham, AED as a new customer deposit currency, in addition to USD and EURO. The bank’s Dubai Branch provides local support to customers from the MENA regions.

Prime Minister Dr. Drew commented, “We are proud to have Hamilton Reserve Bank as the only banking presence in the Middle East from our country serving customers and introducing contacts. St. Kitts and Nevis welcomes new citizens and new investments."

Participating in the Prime Minister’s event were Hamilton Reserve Bank Dubai Branch multilingual Relationship Managers Ms. Sheeba Radhakrishnan and Mr. Sandeep George, based in Dubai.

The visit also aimed at deepening relationships with stakeholders who play a vital role in supporting the world-renowned St. Kitts and Nevis Citizenship by Investment (CBI) program. Hamilton Reserve Bank is the largest trust and escrow agent bank in St. Kitts and Nevis that facilitates the CBI program.

The Rt. Hon Sir Tony Baldry, Chairman of Hamilton Reserve Bank said, “As the largest global bank in the entire region, Hamilton Reserve Bank is the world’s No. 1 escrow services volume leader for the St. Kitts & Nevis economic citizenship program. The Bank serves customers from around the world in AED, USD, and EURO. We are pleased to expand into the Middle East.”

Apply for a bank account online in AED, USD or EURO, please visit: https://hrbank.com/contact-the-bank/

About the St. Kitts and Nevis Citizenship by Investment program, please visit https://hrbank.com/citizenship-by-investment-program-cip/

About Hamilton Reserve Bank

HAMILTON RESERVE BANK (www.hrbank.com; SWIFT: NIBTKNNE) is a fully regulated, award-winning global bank with a deep British heritage as the hometown bank of America’s founding father, Alexander Hamilton (born 1755), serving a large and rapidly expanding clientele from more than 100 countries. Hamilton Reserve Bank offers a broad range of personal banking, business banking, and investment solutions. Powered by advanced Straight-Through Processing (STP) technology from Temenos, the world’s largest and most advanced core banking software provider, Hamilton Reserve Bank enables fully compliant, highly efficient customer onboarding within minutes via complete biometric verifications, robust compliance through real-time Temenos transaction monitoring, and 24/7 customer self-directed e-banking. Headquartered on a sprawling bank campus at the Hamilton Reserve Bank Plaza in St. Kitts & Nevis, Hamilton Reserve Bank is the largest global bank in the region, with worldwide offices and international customer support.

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