Bank of Montserrat Limited is announcing an important update to our international correspondent banking arrangements for United States Dollar (USD) and British Pound Sterling (GBP) transactions. Effective immediately, we will no longer utilise Gibraltar International Bank for our USD and GBP correspondent banking services.
Moving forward, all USD and GBP remittances should be routed solely through Crown Agents International Bank.
Correspondent Bank for GBP/Pound Sterling Transactions:
Intermediary Bank DetailsCrown Agents Bank Ltd
Sutton, Surrey UK
SWIFT: CRASGB2L
Paying Bank Details
Bank of Montserrat Ltd
Brades
Montserrat
IBAN # GB63CRAS60836833735001
Beneficiary Details
Recipient’s Name & Address
Recipient’s A/C#…………………
Reason for the payment………………
Correspondent Bank for US Dollars Transactions:
Intermediary Bank Details
Crown Agents Bank Ltd
Sutton, Surrey UK
SWIFT: CRASGB2L
Paying Bank Details
Bank of Montserrat Ltd
Brades
Montserrat
IBAN # GB79CRAS60836833735101
Beneficiary Details
Recipient’s Name & Address
Recipient’s A/C#…………………
Reason for the payment………………
What This Means for Our Customers:
- Update Banking Details: For all future USD and GBP wire transfers, customers should use the new correspondent banking details provided by Crown Agents International Bank. It is essential to update your records to reflect this change. Adjustments should be made to external banking wire transfer templates.
- Inform external parties: We urge customers who receive USD and GBP wires from external parties to immediately inform them of the new details as provided above so that they can update their templates with the new banking details as soon as possible.
- Dedicated Support: Our customer service team is ready to assist with any questions or help you may need in updating your banking details. We are committed to ensuring that this transition is smooth and that your banking needs continue to be met with the highest standards.
It is important to note that only customers who currently use Gibraltar International Bank to remit funds to Bank of Montserrat Ltd will be affected. (No adjustments are required for current Crown Agent users.)
To avoid any potential disruptions in your international wire transfers, we encourage all our clients to update their banking arrangements to reflect these new details as soon as possible.
For more information, please reach out to our customer service team at 1-664-491-3843, email manager@bankofmontserrat.ms or visit our website at www.bankofmontserrat.ms.
