Cayman Islands
Palm Trees on The Cayman Islands Bathers with Ray on The Cayman Islands Sunset on The Cayman Islands Beach on The Cayman Islands Cayman Islands

The Cayman Islands
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Banking in The Cayman Islands

The Cayman Islands financial services industry developed, along a path similar to that in other offshore centers, on the strength of private banking.

While meeting the needs of high net worth individuals is still an important aspect of the banking industry, recently the focus has moved very much towards institutional business.

Based on a tradition of innovation and excellence, the Cayman Islands are regarded as one of the world's premier international financial centres. Cayman's clientele have access to a wide array of services including banking, trusts, mutual funds, company management, structured financing, shipping registration, accounting, insurance, and listings on the stock exchange.

Supporting this array of services are highly skilled legal, accounting and other professional advisors. These factors combine to make Cayman the jurisdiction of choice amongst sophisticated investors.

Given the proven regulatory regime, innovative approach, and client focus, the Cayman Islands remain committed to delivering an environment for business at its best.

Banking

Throughout the international financial community, the Cayman Islands is recognized as a sophisticated, mature and diverse financial centre. As a premier financial services jurisdiction, Cayman attracts the world's leading accounting, legal and investment firms, and the banking industry remains a cornerstone of Cayman's success.

Currently, there are just under 600 banks and trust companies in The Cayman Islands, including 43 of the 50 largest banks in the world. Adherence to the regulatory standards of the Basle Committee on Banking Supervision is fundamental to the regulatory approach, and the Cayman Islands is an active member of the Basle Committee's Offshore Group of Bank Supervisors.



 
Grand Cayman Island wreck of The Gamma
George Town Grand Cayman Island
 

In addition, there exists a unique combination of stability, innovative legislation, commercial strength, Government support, and the absence of corporate, capital gains, income, payroll and withholding taxes, on domestic or foreign entities.

Banks subscribe to the "know your client" tenet, and the Cayman Islands as a jurisdiction maintains a robust anti-money laundering regime which extends to the proceeds of all serious crime as defined under the 'gateway' legislation.

The Cayman Islands welcome only substantial, recognized, well run banks and, as a result, banks with household names from all corners of the globe are taking advantage of Cayman's modern facilities to conduct international business. These banks are licensed under the Banks & Trust Companies Law (2001 Revision).

Cayman offers a full range of banking products for local and nonresident clients. Deposit, savings, and checking accounts are widely available at many banks with competitive interest rates offered in all major currencies. Time deposits are particularly popular, although it should be realized that interest rates correspond to prevailing international rates at any given time.

Other services readily available include letters of credit, foreign exchange, guarantees, safe custody, commercial loans, and mortgages. The Cayman domestic banking scene reflects a buoyant economy making the industry one of the largest employers on the Island. This status ensures an experienced work force well able to respond to market trends.

The supporting infrastructure in the Cayman Islands is modern and sophisticated. Real-time online access to the world's major financial markets meet the needs of clients who demand cross-border services equal to those of New York or London.

AALL Trust & Banking Corp Ltd949-5588949-8265
Alexandria Bancorp Limited945-1111945-1122
Altajir Bank949-5628949-6339
 Ansbacher (Cayman) Limited 949-8655949-7946
BFC Bank (Cayman) Ltd949-8748949-8749
BNP Private Bank & Trust Cayman Ltd 945-9208 945-9210
Banca Unione Di Credito (Cayman) Ltd949-7129949-2168
 Banco Bilbao Vizcaya - BBV949-7790949-9086
Banco Bradesco S A945-1200945-1430
 Banco Comercial Portugues SA949-8322949-7743
Banco De La Provincia De Buenos Aires949-7933949-7916
  Banco de Sabadell S A 949-3381 949-3625
Banco Do Brasil S A949-5907949-8872
 Banco Do Estado De Sao Paulo S A945-5144945-5153
Banco do Estado do Rio Grande do Sul S A Banrisul949-6604949-4834
Banco Itau S A945-1271945-1275
Banco Portugues Do Atlantico949-8322949-7743
  Banco Sabadell 949-3381 949-3625
Banif (Cayman) Ltd945-8060945-8069
Bank Austria Cayman Islands Ltd949-3800949-2030
Bank Danamon Indonesia 946-0046 946-0047
 Bank Espirito Santo International Ltd 949-3128945-2751
 Bank ln Liechtenstein (Cayman) Ltd949-7676949-8512
 Bank Niaga Grand Cayman Branch945-2003945-2004
 Bank of America Trust & Banking Corp949-7888949-7883
 Bank of Bermuda (Cayman) Ltd949-9898949-7959
 Bank of China945-2000945-2200
 Bank of Credit & Commerce International949-4722949-8258
Bank of New York Trust Company949-7734 945-1295
  Bank of Nova Scotia 949-7666 949-0020
 Bank of Nova Scotia Trust Company949-2001949-7097
  Bank Vontobel Cayman 945-9200 945-9201
 Barclays Private Bank & Trust 949-7128949-7657
 BBV America Fund Managers Limited945-1431 
  BCL Private Bank & Trust 946-9729 946-9732
 BCN International Bank Ltd949-9647949-9651
 Bermuda Trust (Cayman) Ltd949-9898949-7959
 Bessemer Trust Company (Cayman) Ltd949-6674945-2722
  BHD Cayman International Bank 949-0243 949-2439
 British American Bank Ltd (George Town)949-7822 949-4079
 British American Bank Ltd (Industrial Park)949-7822949-6717
Butterfield Bank (Cayman) Limited (Fort St.) 914-5503 949-7761
Butterfield Bank (Cayman) Limited (Compass Centre) 815-7557 945-2698
Butterfield Bank (Cayman) Limited (West Shore) 815-7529 949-8406
  CIBC Bank & Trust Company (Cayman) Limited 949-8666 949-0626
 Caledonian Bank & Trust Ltd949-0050949-8062
Cayman National Bank Ltd (Main Office) 949-4655949-7506
Cayman National Bank Ltd (West Wind) 949-6344949-4215
Cayman National Bank Ltd (Buckingham Square) 949-7137949-5755
 Citco Bank & Trust Co Ltd 945-3977945-3888
Close Bank Cayman Limited 949-8455 946-9717
 Comerica Bank945-4687945-4398
 Coutts (Cayman) Ltd945-4777945-4799
 Delta Bank & Trust Co949-0437949-9327
 Deutsche Bank (Cayman) Ltd949-8244949-8178
 Dextra-Bank & Trust Co Ltd949-7844949-2795
 Discount Bank & Trust Co949-5733949-7615
 Dresdner Bank Lateinamerika AG 949-8888949-8899
  Dundee Bank 946-8688 946-8691
  FirstCaribbean International Bank 949-7300 949-7179
  First Cayman Bank (In Liquidation) 949-5266  
 First Union Bank And Trust Company949-0873945-1295
  Fortis Bank (Cayman) Ltd 949-7942 949-8340
  Gerfiner Bank 946-2078  
 Givens Hall Bank & Trust Ltd949-8141 949-8295
  Gulf Union Bank Ltd949-5398 
 HSBC Financial Services Limited949-7755949-7634
 IBJ Whitehall Bank & Trust Co949-2849949-5409
 Itau Bank Ltd945-4175945-4185
 Julius Baer Bank & Trust Co Ltd949-7212949-0993
 Mercury Bank & Trust Ltd949-0800949-0295
  Merrill Lynch Bank & Trust Co (Cayman) Ltd949-8206949-8895
  Midland Bank Trust Corporation (Cayman) Ltd 949-7755 949-7634
 Morval Bank & Trust Cayman Ltd949-9808949-9793
 Multi Banking Corporation (Overseas) Ltd949-5765949-3338
 NCB (Cayman) Limited949-8002949-4006
  Norinvest Bank 946-5303 945-9259
  PDG Bank (Cayman) Ltd 946-6101  
 Piguet Bank & Trust Ltd946-1378946-1379
    
 PT Bank Bali945-2921949-6532
 PT Bank Ekspor Impor Indonesia (Persero) 945-8891945-8892
    
Queensgate Bank & Trust Co Ltd945-2187945-2197
 Royal Bank of Canada (Main Office)949-4600949-7396
 Royal Bank of Canada (Queens Court)949-6836949-9733
Royal Bank of Canada Trust Co (Cayman) Ltd949-9107949-5777
  Santander Riobank (Grand Cayman)945-5507945-5509
 Schroder Cayman Bank & Trust Co Ltd949-2849949-5409
 Scotiabank (Cayman Islands) Ltd949-7666949-0020
 Scotiabank Ltd (Fosters Airport Br)949-7666949-0118
 Scotiabank Ltd (The Strand)945-7066945-7060
 Shepherd Bank949-2158 
  Sul America International Bank (Cayman) Ltd949-0855949-0866
  Trade & Commerce Bank 946-9323 946-9324
 Trade Link Bank949-6675945-5702
  Transcorp Bank 949-1423 945-7022
Transocean Bank & Trust Ltd949-7493949-7524
 UBS (Cayman Islands) Ltd 914-1000914-4000
 Unicorp Bank & Trust Co Ltd949-6800949-6801
 United Mizrahi Bank949-9639949-9639
Venecredit International Banking Ltd949-6917949-8017
Vontobel Bank & Trust Company Ltd945-9200945-9201
  Western Oceanic Bank 946-6888  
 Wing Hang Bank (Cayman) Ltd949-6509 

Cayman Brac & Little Cayman
 Cayman National Bank Ltd (Tibbetts Sq, Cayman Brac948-1551948-1261
 Cayman National Bank Ltd (Blossom Village, Little Cayman)948-0051 948-0049
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Sting Ray City - Grand Cayman
Palm Trees at Sunset -  Grand Cayman
Cruise Ship - Grand Cayman
Parrot - Grand Cayman
 

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