Bank of America, National Association

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 operates 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 Category

Category B (Banking & Trust)

There is no deposit guarantee scheme in the Cayman Islands: in the case of Bank of America, National Association 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 Bank of America, National Association failure its depositors will not be paid out any compensation.

European Presence: 15 banks in 11 countries

Bank of America, National Association operates under the brand name Bank of America. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Belgium

Cayman Islands

  •  (this bank) Bank of America, National Association (Grand Cayman)

France

Germany

Greece

Ireland

Italy

Netherlands

Spain

Switzerland

United Kingdom

Defunct Banks: 5 banks in 5 countries

The following banks operating under Bank of America brand name has been recently closed down:

Belgium

Ireland

Italy

Netherlands

Switzerland