Banco Modal S.A.

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.

Bank Category

Category B (Banking)

There is no deposit guarantee scheme in the Cayman Islands: in the case of Banco Modal S.A. failure its depositors will not get any compensation.

Contacts

190 Elgin Avenue, KY1-1108, Grand Cayman, Cayman Islands
1353

Deposit Guarantee

Deposit Guarantee
No

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 Banco Modal S.A. failure its depositors will not be paid out any compensation.