Butterfield has launched a digital account opening service for personal banking clients in Bermuda, meaning residents can now apply to open a new bank account online and without the need to visit a banking centre, the bank announced today.

Using the digital application form on Butterfield’s website, residents can apply for chequing, savings, fixed-term deposit or supersaver accounts.

Butterfield estimates it can take as little as 15 minutes to complete the process, including the secure uploading of identity verification documents and the application of electronic signatures.

The launch of the digital service means existing Butterfield clients are also able to provide any requested documentation to complete periodic reviews digitally, removing the need to provide physical or certified copies.

Jody Feldman, managing director of Butterfield in Bermuda, said: “Digital account opening is the latest example of how we are working to better our everyday banking experience. By introducing this technology, we are able to streamline the onboarding process and offer an effortless account opening experience.”