Banco Modal S.A.

Anna Mileiko Created by Anna Mileiko

Banco Modal S.A. Logo

Address

190 Elgin Avenue, KY1-1108, Grand Cayman, Cayman Islands

BIC

n/a

Overview

Category

Category B (Banking)

Business Focus

international banking

Banco Modal is a Brasilian bank specializing in corporate and investment banking.

Banco Modal S.A. has Category B banking license number 560792 issued by the Cayman Islands Monetary Authority. This type of license allows Banco Modal S.A. to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.

Services

banking services

Clients

international clients only

Area Served

internationallyinternationally

Ways to Bank

Banco Modal S.A. delivered its products and services via indirect (offline) channels only, namely:
branch branch

Deposit Guarantee

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

There is no deposit guarantee scheme in place for Banco Modal S.A.. It means that in the event of Banco Modal S.A. failure its depositors will not receive any compensation or coverage.

See Also

Contacts

address190 Elgin Avenue, KY1-1108, Grand Cayman, Cayman Islands
po box1353

Bank Supervision

Supervised By
Cayman Islands Monetary Authority

Banco Modal S.A. was authorized and supervised by the Cayman Islands Monetary Authority.

Bank History

Close Date
31 December 2019
Flag of the Cayman Islands

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