Settling In Opening a bank account, getting telephone service and internet access, connecting your utilities and organising your pension and insurance.
130
Money & Banking - Opening a Personal Bank Account - Resident - Non-Resident - Online Banking, ATMs & Cheque Books - Money Transfer Services
130 130 130 130 132 132
Communications - Telephone Services - Mobile Services - Internet At Home - Internet Providers
134 134 134 136 136
Television
137
Utilities - Electricity - Gas - Household - Petrol & Diesel - Water
138 138 139 140 140
Insurance - Health Insurance - Home Insurance - Insurance Providers - Life Insurance
142 142 143 145 147
Pensions - Private Pensions & Pension Providers - Public Service Pensions
147 147 149
CAYMANRESIDENT 2022
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Photos courtesy of Rebecca Davidson
SETTLING IN
10
MONEY & BANKING
Opening a Personal Bank Account – Resident All banks in the Cayman Islands adhere to mandatory duediligence requirements and will perform fairly extensive checks before opening an account for you to ensure that you are thoroughly legitimate and that no money will be laundered. Each bank may have slightly different requirements: >
An employment letter addressed to the bank confirming your position, salary and expected length of employment
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A recent utility bill (no older than 3 months) or lease agreement in the individual’s name as proof of address. In the event of the latter you would need to provide a copy of your landlady’s utility bill
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Original passport for all countries of citizenship (some banks may request a personal interview)
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W9 forms for US citizens
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Original or notarised copy of Work Permit Letter, Cayman Status, Right to Work, or Naturalisation Certificate
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Completed and signed application form
Opening a Personal Bank Account – Non-Resident Non-residents can open a bank account in Cayman without visiting the Islands (not all banks offer this service), but they must submit multiple certified documents to prove their identity, a current overseas address, the source of funds and
