American Express Centurion Bank has Category B banking license number 96013 issued by the Cayman Islands Monetary Authority. This type of license allows American Express Centurion Bank to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in the Cayman Islands: in the case of American Express Centurion Bank failure its depositors will not get any compensation.
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
There is no deposit guarantee scheme in the Cayman Islands.
In the case of American Express Centurion Bank failure its depositors will not be paid out any compensation.
American Express Centurion Bank operates under the brand name American Express. This banking brand has presence in the following European countries and selected dependent territories of the European countries: