Bank of America, National Association

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Bank of America, National Association Logo

Address

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.

Services

banking services
trustee services

Clients

international clients only

Area Served

internationallyinternationally

Ways to Bank

Bank of America, National Association 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 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.

See Also

Contacts

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

See Also

Bank Supervision

Supervised By
Cayman Islands Monetary Authority

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
internationallyinternationally

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 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:

  • country of incorporation
  • bank category
  • business focus
  • originating country

Bank Category
Category B (Banking & Trust)
Business Focus
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Originating Country
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Bank Category
Category B (Banking & Trust)
Business Focus
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Category B (Banking & Trust)
Business Focus
private banking, investment management
Originating Country
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Bank Category
Category B (Banking & Trust)
Business Focus
international banking and trust
Originating Country
USUnited States

Bank Category
Category B (Banking & Trust)
Business Focus
international banking and trust
Originating Country
USUnited States

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