BAC International Bank (Grand Cayman)

Business Focus
international banking and trust

BAC International Bank (Grand Cayman) is a subsidiary of BAC Credomatic Group founded in 1952. BAC International Bank (Grand Cayman) offers selected retail banking products to individuals and companies: savings accounts and time deposit accounts.

BAC International Bank (Grand Cayman) has Category B banking license number 81006 issued by the Cayman Islands Monetary Authority. This type of license allows BAC International Bank (Grand Cayman) to conduct banking and trustee operations with non-residents and domestic banking business with other Cayman Islands licenced entities.

Bank Category

Category B (Banking & Trust)

Services

banking services
trustee services

Clients

international clients only

Area Served

internationally

Ways to Bank

BAC International Bank (Grand Cayman) delivers its products and services via indirect (offline) channels only, namely:
branch

Deposit Guarantee

Protected Amount
0 KYD
Guarantee Fund
none
Covered Depositors
none
Covered Accounts
none

There is no deposit guarantee scheme in the Cayman Islands: in the case of BAC International Bank (Grand Cayman) failure its depositors will not get any compensation.

Contacts

Caledonian House, 69 Dr. Roy Drive, KY1-1107, Grand Cayman, Cayman Islands
694

Bank Supervision

Supervised By
Cayman Islands Monetary Authority

BAC International Bank (Grand Cayman) is authorized and supervised by the Cayman Islands Monetary Authority.

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