Introduction
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Barclays Bank

Professional Advisors - Barclays Bank

Centrila has engaged Barclays Bank to act as its bank for the deposit of clients' premiums and for the accrual of capital cash reserves.

Barclays will therefore be providing the trust bank account in which the capital cash reserves will be held to reflect Centrila's total commitment to ensuring capital cash reserves can only be used for future obligations, which the company may incur should clients exercise their Cenoptions.

Barclays multi-national banking platform also allows Centrila to benefit from its cutting edge technology, multi-currency facilities and bespoke banking solutions.

Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with an extensive international prescence in Europe, the Americas, Africa and Asia.

With over 300 years of history and expertise in banking, Barclays operates in more than 50 countries and employs approximately 155,000 people. Barclays moves, lends, invests and protects money for more than 48 million customers and clients worldwide.

Why is the money held in a trust account?

A well managed trust account, although not normally producing the same potential returns that may be achievable in some higher risk investment vehicles, is universally regarded as one of the most reliable and secure methods of managing and protecting large sums of capital.

Centrila is committed to ensuring that cash reserves being maintained benefit from this safe environment to provide total security in these uncertain financial times.