BNY Mellon

BNY Mellon

Alevon is proud to announce we have partnered with BNY Mellon, the world's largest custodian bank, to manage security deposits for our art rentals. This collaboration underscores our commitment to providing the highest level of financial security and transparency for our clients.

Why BNY Mellon?
BNY Mellon is a global leader in financial services, with a storied history dating back to 1784. Their expertise in handling large-scale financial transactions makes them an ideal partner for Alevon:

  • Scale: BNY Mellon has over $46.7 trillion in assets under custody and/or administration
  • Experience: Over 230 years of financial expertise
  • Global Reach: Operations in 35 countries, serving more than 100 markets
  • Innovation: Recognized for cutting-edge financial technology solutions

Enhanced Security for Alevon Clients
Through this partnership, we ensure that all security deposits are:
  • Held in fully FDIC insured accounts
  • Managed separately from Alevon's operational funds
  • Handled by a globally recognized institution
  • Protected by BNY Mellon's advanced security measures

Transparency and Trust
By entrusting our security deposits to BNY Mellon, we provide our clients with:
  • Peace of Mind: Knowing their funds are managed by a world-class financial institution
  • Transparency: Clear separation of client funds from operational accounts
  • Accessibility: Efficient processing of deposit returns
  • Compliance: Adherence to the highest standards of financial regulations

Client Experience
This partnership allows Alevon to focus on delivering exceptional art rental experiences while ensuring that our clients' funds are managed with the utmost care and professionalism. The process for paying or receiving security deposits remains seamless for our clients, with BNY Mellon's expertise working behind the scenes.

Commitment to Excellence
Our collaboration with BNY Mellon reflects Alevon's dedication to providing best-in-class service at every touchpoint of the art rental experience. By partnering with a financial institution of BNY Mellon's caliber, we demonstrate our commitment to financial integrity and client trust. For any questions or additional information about our partnership with BNY Mellon or security deposit management, please contact us at hello@alevon.com.