The Wealthcard Debit Card

Maestro ATM cardA client could end up receiving funds as part of the execution of a contract. For example, he/she could be compensated for his/her services as a consultant to a trust, or could receive interest on a loan made to a trust. In such cases funds can be accessed quickly and easily via the internationally accepted Wealthcard.

What is a Wealthcard?

A Wealthcard is a Maestro ATM debit card. The card has no name on it, and is the property of the trust. It is provided to trust advisors for convenient transfer of cash from the trust to the advisor for whatever appropriate reasons that exist. No tax I.D. number or credit check is required in order to issue the card.

Cost per card is $250.

Cash withdrawn or purchases funded using a Weathcard should be considered funds repatriated to the client-user’s country of residence, and reported accordingly, where appropriate.

W.I.L.