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Five reasons to create a trust account with UTGL

Feb 8, 2022

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Key Takeaways

You are planning to set up a trust?You have already read a lot of articles about trust?You are comparing which trust company is the best for you?

You might find the answer here.


UTGL team consists of trust specialists, lawyers, accountants, software developers, compliance professionals and customer services. UTGL is supported by a team of over 100 professional staff.

To demonstrate our professionalism, from conducting thorough due diligence by our compliance team to providing full support to your enquiry on asset injection, we devote our time and effort to serve you in a timely manner.

Succession planning, asset protection, reduction of tax liabilities and saving probate costs are the general benefits that you probably have studied from other articles for having a trust. On top of these benefits from traditional trust structures, UTGL provides you more and better than that.


2.1 Asset consolidation under an all-in-one trust account

Setting up a trust with UTGL comes with a trust account of our outstanding FinTech Trust Platform. Your trust account enables you to consolidate various types of your global assets. For example, fiat cash in different currencies, bullion, insurance policies, stocks and other investment products, private company shares, properties, vehicles and luxury goods. Consolidating your global assets under a secure and private trust account certainly enhances your wealth management.


2.2 Hong Kong and offshore accounts are ready

While considering where you should safekeep your trust funds (Hong Kong or offshore), UTGL will answer you ‘why not both?’ Once you set up your trust account, you can decide whether all or part of your trust fund will stay in the Hong Kong account or the offshore accounts. 24/7 to change your mind by just a click on the trust platform. Opening a bank account is a time-consuming process but everything becomes simpler and easier at UTGL.


2.3 Global investment to grow your trust assets

You might worry that the values of your assets will depreciate while being safekept in the trust account, you can either instruct us to employ an investment manager to manage your portfolio or you can be your own investment manager to invest your trust asset simply on the trust platform. UTGL trust platform connects to over 50 global licensed and regulated securities firms, waiting for you to onboard and start growing your trust funds.


2.4 Unlock your trust assets — UTGL Asset Link Credit Card

UTGL provides Mastercard credit cards for beneficiaries to spend their monthly living expenses distributed by the trustee with privacy protection. Apart from high level of privacy, UTGL Asset Link Credit Card has no credit limit*, no minimum repayment and no repayment cycle. You can swipe for a Ferrari in one go and repay any amount anytime. To make repayments, you can easily press a button on the UTGL platform to instruct us to do that for you or simply turn on the AutoPay function to avoid incurring daily interest.

UTGL also allows you to apply for up to five supplementary cards for your beloved family and trusted friends. Supplementary cards let you share the benefits and convenience of your UTGL Asset Link Credit Card with your family and friends. With just one trust account, your family members or friends can enjoy the suite of exclusive benefits and privileges. Plus, you can monitor all transactions in real time, control supplementary card holder’s daily or monthly spending with flexible spending limit settings and repay all cards at once on the UTGL platform. The supplementary card feature is especially great for big families and parents who have children studying abroad. Most importantly, all these arrangements are highly confidential without any third party knowing.

‍It is the most special and prestigious card that you will ever have out of UTGL.

*Asset link credit limit is automatically derived from the market value of eligible trust assets


2.5 You deserve the best trust service — Global bill payment

Most trustees are only responsible for distributing assets to your designated beneficiaries. UTGL thinks a step further for you. We take care of your daily life thoroughly. Any local and overseas monthly electricity bills, water bills, rent, tuition fees or more, you can upload the invoice and schedule bill payments in different currencies on the UTGL platform simply by a few clicks. Per your instruction, we can also buy luxurious cars, handbags, properties, antiques, jewelry, a piece of land and more on behalf of your trust. Your time is precious and UTGL does more than other trustees to save your time and hassle.

Technology is the future. Unlike those other trust companies which might just give you a stack of paper documents which only safekeep your assets, our in-house tech engineers have built an innovative FinTech Trust Platform that you can do more than a bank could do. With us, you can ultimately achieve ‘Living without Banking’.


Here I will tell you three important facts about why a trust account is surpassing a bank account.

First, Trustee has no right to freeze the assets in clients’ trust accounts according to the common law while banks have the right to freeze the client’s assets for different reasons.

Second, Trust accounts accept not only cash but also precious metals, private company shares, stocks, and overseas properties etc. Bank accounts mainly accept cash only and less likely welcome a large amount of cash which may cause some inconvenience.

Third, a single trust account provides global services such as offshore accounts, global investment, global payments and global asset transfer. A bank account you open in a local bank could probably provide you some local services. You will be required to open an offshore account for any offshore services or one more investment account for investment which consumes your time and cost. Investment choices are also limited to the bank’s own products.

Let’s embrace the technology future and an innovative trust account which may possibly bring you more than you thought!


With the help of technology (UTGL Trust Platform) and 100 professional employees across the globe, you can open a trust account online easily. Every smooth application is generally processed within 3 days to set up a trust, whereas other traditional trust companies take at least a month. We value work efficiency and put our customer’s interest as our top priority. Our customer service is available to you anytime you need a solution.


Continuing the benefits of what technology brings, UTGL charges are far friendlier than traditional trust companies. Trust is common in the US and other developed countries where most of the middle class could afford it. UTGL also aims at bringing trust services to everyone who cares about their assets, privacy and their next generation."


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Ready to get started?

Unlock the power of trust with UTGL today. Take the first step by exploring our Trust Platform or create an account for an instantly rewarding experience.

© 2024 UTGL. All rights reserved.

Disclaimer: The information provided on this website is for informational purposes only. It should not be considered legal, financial or tax advice. UTGL makes no representations as to the accuracy, completeness, suitability or validity of any information on this site and will not be liable for any errors, omissions or delays in this information or any losses, injuries or damages arising from its display or use. All information is provided on an as-is basis.


This website may contain links to external websites that are not provided or maintained by or in any way affiliated with UTGL. Please note that the UTGL does not guarantee the accuracy, relevance, timeliness or completeness of any information on these external websites.


Links to external websites are provided as a courtesy and do not imply UTGL's endorsement of those sites or their content, products or services. UTGL assumes no liability for damages resulting from the use of or reliance upon the information provided herein.

Ready to get started?

Unlock the power of trust with UTGL today. Take the first step by exploring our Trust Platform or create an account for an instantly rewarding experience.

© 2024 UTGL. All rights reserved.

Disclaimer: The information provided on this website is for informational purposes only. It should not be considered legal, financial or tax advice. UTGL makes no representations as to the accuracy, completeness, suitability or validity of any information on this site and will not be liable for any errors, omissions or delays in this information or any losses, injuries or damages arising from its display or use. All information is provided on an as-is basis.


This website may contain links to external websites that are not provided or maintained by or in any way affiliated with UTGL. Please note that the UTGL does not guarantee the accuracy, relevance, timeliness or completeness of any information on these external websites.


Links to external websites are provided as a courtesy and do not imply UTGL's endorsement of those sites or their content, products or services. UTGL assumes no liability for damages resulting from the use of or reliance upon the information provided herein.

Ready to get started?

Unlock the power of trust with UTGL today. Take the first step by exploring our Trust Platform or create an account for an instantly rewarding experience.

© 2024 UTGL. All rights reserved.

Disclaimer: The information provided on this website is for informational purposes only. It should not be considered legal, financial or tax advice. UTGL makes no representations as to the accuracy, completeness, suitability or validity of any information on this site and will not be liable for any errors, omissions or delays in this information or any losses, injuries or damages arising from its display or use. All information is provided on an as-is basis.


This website may contain links to external websites that are not provided or maintained by or in any way affiliated with UTGL. Please note that the UTGL does not guarantee the accuracy, relevance, timeliness or completeness of any information on these external websites.


Links to external websites are provided as a courtesy and do not imply UTGL's endorsement of those sites or their content, products or services. UTGL assumes no liability for damages resulting from the use of or reliance upon the information provided herein.