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Glacier International Depository Bank Signs Worldwide Exclusive Agreement with FranTech - Glacier International Depository Bank signs worldwide exclusive agreement with FranTech to market licenses of foreign capital depository banks in 220 countries.
Glacier International Depository Bank Signs Worldwide Exclusive Agreement with FranTech

 

PRZOOM - /newswire/ - Zurich, Switzerland, 2006/05/28 - Glacier International Depository Bank signs worldwide exclusive agreement with FranTech to market licenses of foreign capital depository banks in 220 countries..

   
 
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Glacier International Depository Bank signed a exclusive agreement with FranTech Switzerland Licensing, (FranTech), of Zurich, Switzerland, which grants FranTech the exclusive right to market GIDBank international foreign depository services licenses called "Global Cash Management" through FranTech's network of 600 agents in 220 countries to Governments around the world.

The company explained that the GIDBank will provide access to politically and economically stable jurisdictions through correspondent relationships with licensed banks worldwide services are uniquely suited to meet the 21st century regulation of "Global Cash Management Banking" needs of most countries. The online global banking system allows for quick and secure insured depository accounts worldwide in trust for their depositors customer banking needs, in a simple, safe, easy to use and understanding Foreign Capital Depository format.Worlds first Blackfeet Foreign Capital Depository Act, Res. 133-66 with the United States of America.

GIDBank received its charter on November 23,1999 upon meeting all requirements set in the Blackfeet Foreign Capital Depository Act.GIDBank globalization is the future of Correspondent Relationships with banks of the world on its new platform to set new international standards in the 21st century regulations of online banking. GIDBank services, such as trust and corporate management, which have specific tax advantages for many individuals worldwide under GIDBank "Global Cash Management".

Louis Roman, Chairman & CEO of GIDBank, said, "We chose FranTech because of their tremendous geographic reach and proven track record in establishing licensing agreements. With more than 35 years of experience, FranTech knows international banking regulations and tax compitition banking, trade policy, insurance law, marketing, franchising, investment banking, and technology research. Its broad expertise, coupled with access to key Governmental decision makers, provides services uniquely valuable to GIDBank overseas."

The company explained that FranTech's mission is to foster the development of the global economy by providing a global perspective to bankers, developers, marketers, manufacturers and innovators on newly emerging and preemptive banking technologies. It offers world-class solutions for the licensing and transfer of USA and Worldwide innovations to emerging economies.

Philip Nadeau, CEO of FranTech, said, "We see a tremendous market worldwide for Bankers and investors for GIDBank Foreign Capital Depository services and already have interest from several countries. GIDBank is working with FranTech to establish a truly global banking footprint in 220 countries. We plan on developing GIDBank brand name recognition and positioning of GIDBank with many Governmental financial agencies where we already have relationships in place."

About Glacier International Depository Bank

The Glacier International Depository Bank service consists of a secure banking system called "Global Cash Management" with 24 hour markets that Foreign Capital Depositors can access accounts in 220 countries. GIDBank to provide banking management to institutions and high net worth foreign depositors individuals anonymous bank accounts with higher rate loans based on their investment opportunities available worldwide. All GIDBank transactions are insured, monitored, secure and kept completely private and confidential. GIDBank Foreign Depositors soon will be able to banking and forex regardless of the country of origin on a 24 by 7, or at least 24 by 5 basis. GIDBank licensee's has the ultimate objective is to become the preferred global liquidity fund provider for all bankers around the world. The focus of Glacier International Depository Bank is to give worldwide banks "Global Cash Management" exposure to Foreign Depositors and investment capital from all over the world (in 220 countries) and not just in the country of their primary banking, while providing Foreign Depositors with an 18- 24 hour "Global E-Banking" day online versus the 6 ½-7 hours provided for Foreign Depositors on most world banking platforms. GIDBank provides qualifying Global Banks with numbered accounts with a second GIDBank account in their old bank.Account holders or assets with GIDBank, becoming one of the largest accounts in prior.

About FranTech Switzerland Licensing

FranTech a worldwide company consists of core partners surrounded by interlocking networks of consultants and affiliates in key banking countries and disciplines. They have over thirty-five years of experience with their proven partners. In addition, FranTech has proven track records in assembling, negotiating and consummating trade, licensing, franchising, technological transfer and financial agreements;
They pool strengths drawn from experience in international banking, securities, and trade policy, insurance, law, marketing, investment banking and technology research. This broad expertise, coupled with access to key Governmental and business decision makers, provides services uniquely valuable to GIDBank in the restructuring global economy. GIDBank is pleased to commence a strong working relationship with the Global FranTech Group, FranTech Switzerland.

FranTech's mission is to foster the development of the global economy by providing a global perspective to bankers, developers, marketers, manufactures, and innovators of newly emerging and preemptive banking technologies. They offer world-class solutions for the licensing and transfer of USA and Worldwide innovations to emerging economies in 220 countries worldwide for over thirty-five years.

Safe Harbor Statement:
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labelled with the terms "believes," "belief," "expects," "intends," "anticipates," "will" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.

 
 
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Glacier International Depository Bank Signs Worldwide Exclusive Agreement with FranTech

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Contact: Lathell Sancho 
(702) 579-5688 president@frantechswitzerland.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any FranTech USA securities in any jurisdiction including any other companies listed or named in this release.

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