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Can a foreigner open a bank account in the Cayman Islands?

April 26, 2017bank account cayman islands foreigner

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Can a foreigner open a bank account in the Cayman Islands?

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Yes you can. Each bank has a different application process but its fairly straight forward although you do have to comply with the banks due diligence procedure. We have several retail banks in Cayman as well as the offshore banks and these are: Butterfield Bank, Cayman National Bank, Royal Bank, Scotiabank and First Caribbean as well as Fidelity. Check out the Business directory for further in formation on Cayman Island Banks.