190 Elgin Avenue, KY1-1108, Grand Cayman, Cayman Islands
BIC
n/a
Overview
Category
Category B (Banking & Trust)
Business Focus
investment banking
Bank of America is an American financial services and banking corporation. Bank of America provides a broad spectrum of services, including retail and private banking, asset management, corporate banking, investment banking and insurance.
Bank of America, National Association operated as a subsidiary of Bank of America Corporation (United States).
Bank of America, National Association has Category B banking license number 570205 issued by the Cayman Islands Monetary Authority. This type of license allows Bank of America, National Association to conduct banking and trustee operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
Bank of America, National Association delivered its products and services via indirect (offline) channels only, namely:
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 Bank of America, National Association. It means that in the event of Bank of America, National Association failure its depositors will not receive any compensation or coverage.
Bank of America, National Association was authorized and supervised by the Cayman Islands Monetary Authority.
Bank History
Close Date
31 December 2020
Business Summary
Services
banking services trustee services
Clients
international clients only
Area Served
internationally
Bank of America, National Association provides products and services in the areas of banking services, trustee services. Bank of America, National Association makes its solutions available to international clients only.
Ways to Bank
Business Channels
branch
Products and services offered by Bank of America, National Association are available at its branches.
Banks Similar to Bank of America, National Association
TheBanks.eu identified several banks similar to Bank of America, National Association based on various criteria, including:
We use cookies to provide you with an excellent user experience. By clicking “Accept All”, you consent to our use of cookies.
Customize Cookies
We use cookies to ensure an excellent user experience and provide personalized information. Below you will find a detailed description of all the types of cookies we use.
Necessary Cookies
Required for essential site functions, such as secure system log-in or setting your preference parameters. Necessary cookies do not store any personal data.
Analytical Cookies
Required for site usage statistics, allow the analysis of indicators such as the number of visits, traffic sources, etc.
Advertising Cookies
Required to provide personalized advertising based on visited pages and analyze ad campaign efficiency.