Merrill Lynch Bank & Trust Company (Cayman) Limited

Business Focus
trustee services

Merrill Lynch Bank and Trust Company conducts banking and trust operations for customers of its affiliates (client corporations, high net worth individuals, and other financial institutions). Merrill Lynch Bank and Trust Company product range includes secured loans, interbank placements, deposits from private clients, and foreign exchange transactions. Merrill Lynch Bank & Trust Company (Cayman) Limited operated as a branch of Merrill Lynch Bank and Trust Company (Cayman Islands).

Bank Category

Branches of foreign banks

Deposit Guarantee

Protected Amount
up to 50,000 GBP
Guarantee Fund
Isle of Man Depositors’ Compensation Scheme
Covered Depositors
natural persons (Isle of Man and foreign)
legal entities (Isle of Man and foreign)
Covered Accounts
any credit balance on an account with a bank

Merrill Lynch Bank & Trust Company (Cayman) Limited participates in the deposit guarantee scheme of the Isle of Man. This deposit guarantee scheme applies to any credit balance on an account with a bank made by natural persons (Isle of Man and foreign), legal entities (Isle of Man and foreign) and covers up to up to 50,000 GBP per bank per depositor. Merrill Lynch Bank & Trust Company (Cayman) Limited is a member of Isle of Man Depositors’ Compensation Scheme and makes its contributions into it.

Headquarters

(Cayman Islands)

Contacts

Belgravia House, 34-44 Circular Road, Douglas, Isle of Man

Merrill Lynch Bank & Trust Company (Cayman) Limited was located in Douglas.

Bank Identifiers

Company Number
001418F

Bank History

Close Date
16 February 2018

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