Can a non-resident open a Cayman bank account?
Yes. Each bank has a different application process but its fairly straight forward although you do have to comply with the banks’ due diligence procedure. There are several retail banks in Cayman, as well as the offshore banks. These are: Butterfield Bank, Cayman National Bank, Royal Bank, Scotiabank, First Caribbean and Fidelity. Check out the Business directory for further information on Cayman Island Banks.