corporate clients.

The new Premier Corporate Account is an integrated, interest-earning, business operating account designed to streamline companies' financial management.

Mr. Cummings Zuill, senior vice president and general manager of corporate banking, said: "It is an innovative customer-driven financial service which simplifies the day-to-day cash management of corporate clients' operating funds.

"The account will earn interest at money market rates and serves as a central access point for all business transactions.'' The account is available in Bermudian, US and Canadian dollars and UK sterling.

It pays interest on balances above $10,000 and provides cheque writing privileges.

"The Premier Corporate Account allows a customer to consolidate their chequeing and demand or short term investment accounts into one,'' said Mr.

Zuill.

"This eliminates the need for the customer to monitor balances, request transfers and then reconcile two accounts.

"Gone is the paper work that goes along with it, including following up on the transfer requests and filing the statements and advices.'' The new account will lead to time savings at the Bank of Bermuda, said Mr.

Zuill.

The Premier Corporate Account is directly linked to the Bank of Bermuda's Bankline electronic reporting and transaction initiation service, which has been expanded to the majority of the Bank's international offices over the past year.

Together with the new dial-in capabilities, this will allow customers to monitor and manage accounts globally from anywhere in the world.

"The Premier Corporate Account represents the Bank of Bermuda's commitment to leading edge customer service, security and convenience,'' Mr. Zuill said.

"It offers all the quality chequeing account services our customers have come to expect from the Bank, including cheque writing privileges, standing orders, employees' payroll direct deposits and overdraft facilities.'' THE MONEY GO-ROUND -- Bank of Butterfield foreign currency traders Mr. Kees van Beelen (foreground) and Mr. David Mulholland had another busy day yesterday.