Puerto Rico: Digital International Bank (DIB), an international financial entity headquartered in the U.S. territory of Puerto Rico, has announced that it will begin offering services internationally. Among the clientele it will be catering to are companies and individuals involved in the diamond and jewelry industries.

According to a spokesperson, banking services will initially include account management, the international transfer of funds and bank card facilities. A full array of services, including credit and financing, will be added at a later date.

As a banking institution specializing in international commerce, DIB operates within strict compliance framework, with an in-house intelligence unit monitoring clients and transactions to ensure the financial and legal integrity of all business conducted under its umbrella.

DIB is licensed and regulated by the Office of the Commissioner of Financial Institutions of the Commonwealth of Puerto Rico, which is responsible for supervising financial institutions in the American territory and is a member of the U.S. Association of Banking Supervision. As a Puerto Rico-headquartered institution, it falls under the supervisory jurisdiction of the Federal Reserve Bank of New York, which is the largest of the 12 regional Reserve Banks in the United States.

DIB has positioned itself as boutique bank attuned to meeting it client’s specific needs, with banking services customized whenever possible to meet the requirements of the individual or companies.