Established in 1784, The Bank of New York Mellon (BNY Mellon) is an American investments company. BNY Mellon provides investment management, investment services and wealth management for institutions and individuals all over the world.
BNY Mellon Trust Company (Cayman) Limited has Category B banking license number 81016 issued by the Cayman Islands Monetary Authority. This type of license allows BNY Mellon Trust Company (Cayman) Limited to conduct banking and trustee operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in the Cayman Islands: in the case of BNY Mellon Trust Company (Cayman) Limited failure its depositors will not get any compensation.