What Our Members Offer
Deposits, Funds Access, and Transfers
Bermuda’s banks provide a full suite of deposit products from demand accounts to savings accounts, time deposits, and cash management products, with a full suite of funds transfer and remote access options.
Bermuda’s banks grant loans to qualified borrowers for consumer, commercial and other purposes. Real estate loans are subject to Loan to Value limits and there may be other requirements based on the type of loan and creditworthiness of the borrower.
Asset Management, Private Wealth, and Trust
Each of our members has specialized products and services to meet the needs of customers requiring this level of attention.
Branches, ATMs, and
BBA members provide branch services in Hamilton, St. Georges and Somerset with an Island-wide network of ATMs and Point of Sale terminals where debit and credit cards can be used.
Our Mission Statement
The three-fold goal of Bermuda Bankers Association (BBA) involves our banking services and ongoing initiatives to:
The BBA fully supports and will abide by the following statement contained in the BMA
13 January 2022 https://www.royalgazette.com/banking/business/article/20220113/burt-fintech-gaining-momentum/ The BBA is supportive of FinTech that is properly licensed, supervised,