bank references. Local banks will often want a legitimate rationale for opening an account for an overseas resident, in addition to the following:
www.fidelitygroup.com
management. SE E AD PAG E S 61 & 131
Branches & Banking Hours: Cayman Financial Centre, Dr. Roy’s Drive (GT), Monday-Friday
Cayman National Bank Ltd.
9am-4.30pm; Fidelity Financial Centre (SMB),
bank confirming your position, salary, and
PO Box 1097, Grand Cayman KY1-1102
Monday-Friday 10am-4pm.
length of employment
Tel: (345) 949 4655
An original bank reference addressed to the
Email: cnb@caymannational.com
RBC Royal Bank (Cayman) Limited
bank in Cayman stating how long you have
www.caymannational.com
PO Box 245, Grand Cayman KY1-1104
banked with your home bank, the average
Branches & Banking Hours: Camana Bay
Tel: (345) 949 4600
balance maintained, and the manner in
(SMB), Cayman Brac, Centennial Towers (WB),
www.rbcroyalbank.com/caribbean
which the account has been conducted
Countryside Shopping Village (Savannah), Elgin
Branches & Banking Hours: 24 Shedden Road
An original professional reference addressed
Ave (GT), Monday-Thursday 9am-4pm, Friday
(GT), Monday-Friday 9am-3pm
to the bank from a Law or Accounting firm
9am-4.30pm; Little Cayman, Monday and
Red Bay Branch, 53 Shamrock Road (next to
>
Curriculum Vitae
Thursday 9am–11.30am and 12pm-2.30pm.
Grand Harbour), Monday-Friday 11am-6pm.
>
A recent original utility bill (no older than
Bank Services: Chequing, savings and fixed
3 months) or a lease agreement in the
deposit accounts, credit and debit cards,
Scotiabank & Trust (Cayman) Ltd.
individual’s name as proof of address
online banking and mobile app, largest ATM
Scotia Centre, 18 Forum Lane, Camana Bay
Certified copy of your passport(s) for all
network Island-wide, currency exchange, wire
PO Box 689, Grand Cayman KY1-1107
countries of citizenship
transfers, electronic funds transfer, travellers
Tel: (345) 949 7666
>
W9 forms for US citizens
cheques cashing, bank drafts, letters of credit,
www.scotiabank.com/ky
>
In you own or rent property in Cayman
utility bill payments, safety deposit boxes
Branches & Banking Hours: Camana Bay (SMB)
then a certified copy of the Land Register
(sizes vary depending on Customer Service
Monday-Thursday 9am-4pm and Friday 9am-
agreement, a Transfer of Land document or
Centre, subject to availability), standing orders,
4.30pm; and South Sound (across from Grand
a copy of a Rental Agreement
merchant services, night deposit facilities,
Harbour), Monday-Friday 10am-6pm.
Completed application
customised credit solutions such as mortgages,
>
>
SETTLING IN
Email: info@fidelitycayman.com
trust services, private banking and investment
An employment Letter addressed to the
>
10
Other Services Offered: Credit references,
>
>
loans, and Domestic and International Premier
Opening a Business Bank Account Refer to the Running a Business chapter.
Banking at the Camana Bay location. Other Services Offered: Alternative investment funds, family wealth vehicles, investment
Local Banks
brokerage, advisory services and discretionary
Butterfield Bank (Cayman) Limited
asset management solutions.
12 Albert Panton Street, George Town
SE E AD OP P OSI T E PAG E & PAG E 57
PO Box 705, Grand Cayman KY1-1107 Tel: (345) 949 7055
CIBC FirstCaribbean International Bank
Email: info.cayman@butterfieldgroup.com
PO Box 68, Grand Cayman KY1-1102
www.butterfieldgroup.com
Tel: (345) 949 7300
Branches & Banking Hours: Butterfield Place
www.cibcfcib.com
Banking Centre (GT), Monday-Thursday 9am-
Branches & Banking Hours: Monday-Thursday
4pm, Friday 9am-4.30pm; Midtown Plaza
9am-4pm and Friday 9am-4.30pm.
Banking Centre (GT), Monday-Friday 9am-
Branch Services: Vehicle loans, mortgages,
4pm; Camana Bay Banking Centre (SMB),
chequing and savings accounts, credit and
Monday-Friday 9am-4pm; Governors Square
debit cards, currency exchange, wire transfers,
Banking Centre (SMB), Monday-Friday 9am-
bank drafts, utility bill payments, teller services,
4pm.
online banking, mobile banking, telephone
Banking Centre Services: Accounts, online
banking, ATMs, loans and transfers.
banking, ATMs, credit and debit cards, currency
SE E AD PAG E 54
exchange, wire transfers, bank drafts, utility bill payments, night deposit facilities, safety
Fidelity Bank (Cayman) Ltd.
deposit boxes, standing orders, mortgage
PO Box 914, Grand Cayman KY1-1103
services and loans.
Tel: (345) 949 7822
132
CAYMANRESIDENT 2022
»
Online Banking, ATMs & Cheque Books All the banks on-Island offer online banking, but some are definitely more user-friendly than others. If online banking is important to you, it is worth asking about each bank’s online capabilities. All banks allow you to pay almost all your monthly bills online. ATM machines are available at most bank branches and all supermarkets. If you use your own bank’s ATM you will not be charged a withdrawal fee (other than Government’s 25 stamp duty charge for every withdrawal). The charge to use another bank’s ATM is CI$2.40-CI$3 depending on the bank, for each withdrawal. If you need a cheque book on your personal bank account, make sure to ask the prospective bank if they offer this service, as some do not. Money Transfer Services Due to the number of foreign nationals in the Cayman Islands, there are numerous money transfer companies on the Island including: MoneyGram, JN Money transfer
