The growing global marketplace requires businesses expanding overseas to deal with international banking and South American money center banks. Money center banks refer to any of a nation’s largest banks. Banks considered money centers have a strong presence in the global marketplace and involvement in wholesale banking involving a number of clients and large corporations.

South America money center banks offer business owners the security of working with both local banks in South America and banks with familiar names. Money center banks in South America provide clients with the ease of working with their home based banks. International money center banks in South America give customers piece of mind when working on any side of the globe.

International money center banking in South America helps business owners expand easily into this global marketplace. Money center banks in South America get commercial customers the products they need to establish successful businesses or expand their global franchises to the South American economy. Work with lists of banks in South America to:

1. Invest in the growing South American economy through money center banks in South America.

2. Understand the culture and climate of doing business in South America.

3. Strengthen your business presence through money center banks in South America.

4. Establish your business as a competitor in the global marketplace.

Action Steps
The best contacts and resources to help you get it done

Find large banks in South America that have a trusted reputation in the global marketplace

Using a bank you know and trust helps get your business in South America up and running smoothly and efficiently. Having ready access to your bank provides peace of mind that your finances and business transactions are secure.

I recommend: Bacs Banco De Credito Y Securitizacion of Buenos Aires focuses on mortgage loans, consumer loans and community programs. HSBC has many locations and services in several countries in South America.

Use local commercial money center banks in South America as a resource for community involvement

Working with a local money center bank in South America helps establish your business as a contributor to the local economy. A good relationship with a money center bank in South America gets you recognized as a trusted partner in progress in your business location.

I recommend: The ING Group provides banking, investments, life insurance and retirement services to customers in Peru, Argentina, Chile, Netherlands Antilles, Uruguay and Venezuela. Deutsch Bank has locations and branches in Argentina, Chile, Brazil and Peru to serve all your business needs.

Compare money center banks in South America based on products and services offered

Each money center bank in South America has something different to offer clients. Look for banks with a variety of savings and investment tools without excessive fees. Also, look for banks that specialize in helping business owners.

I recommend: UBS Pactual Brasil offers wealth management services to customers in several South American countries. RBS Coutts in Montevideo, Uruguay provides a wide variety of banking options, locations, products and services throughout the southern cone of South America.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Do your homework about the culture of South America before beginning a relationship with a local money center banks in South America. Finding out what you need to know about etiquette and customs helps keep you from offending anyone before ever getting started.
• •  Make sure when banking in South America you have a well qualified translator or someone in your financial institution to help you with language barriers. Language in South American countries varies so it's always a good idea to have someone who can help you if you need it.