International Disclosures
Primes Bank, a division of First-Citizens Bank & Trust Company, as well as the other divisions, subsidiaries, and affiliates of First-Citizens Bank & Trust Company (together, GVB), are U.S. financial institutions and provide products and services to non-U.S. clients on a cross-border basis from the United States of America.
GVB is not licensed or regulated as a bank or any other type of financial institution outside of the United States of America. GVB does not offer, make available and/or provide any products or services, nor does it carry on business of any sort, in or from within any country outside of the United States of America. Rather, GVB conducts such activities with non-U.S. clients on a cross-border basis from the United States of America. This communication does not constitute an invitation to effect any transaction with, or to make use of any products or services provided by, GVB.
GVB products and services may not be available to all customers. The laws and regulations of your country or countries of organization, operation, and/or residence could impact the offer, availability, and/or provision of GVB products or services.
General Marketing Disclosures
This content does not constitute an invitation or inducement to engage in investment activity under section 21 of the UK Financial Services and Markets Act 2000. In particular, it does not constitute an invitation to affect any transaction with, or to make use of any services provided by, First-Citizens Bank & Trust Company or any of its affiliates.
This content is directed only at persons outside of the United Kingdom (UK) or those inside the UK to whom it may lawfully be directed (as set out within the Financial Services and Markets Act 2000 (Financial Promotions) Order 2001 (the FPO). This content must not be acted upon by persons in the UK, except those to whom this may lawfully be directed in accordance with the FPO.
Product Specific Marketing Disclosures
Deposit Products
Products include deposit accounts and other products or services related thereto, including (but not limited to) Insured Cash Sweep, Cash Sweep, Target Allocation Sweep and Sweep Repo.
The deposit-taker is First-Citizens Bank & Trust Company (First Citizens Bank), which is chartered by and has its principal place of business in the state of North Carolina, United States of America. First Citizens Bank is regulated by the North Carolina Commission of Banks and is a member of the U.S. Federal Deposit Insurance Corporation (FDIC). Deposits with First Citizens Bank are FDIC-insured up to US$250,000 per depositor for each account ownership category. First Citizens Bank’s total stockholders’ equity was US$22.2 billion as of December 31, 2024.
Investment Products
Products include (but are not limited to) Cash Sweep, Target Allocation Sweep, Sweep Repo, FX and/or interest rate derivatives, and investment advice and/or asset management (SAM).
This communication is directed at “high net worth companies (etc.)” in accordance with Article 49 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001/544 and that any investment or investment activity to which it relates is available only to such persons or will be engaged in only with such persons, and persons who are not “high net worth companies (etc.)” within the meaning of that provision should not rely on this communication.