DMS Bank & Trust was incorporated in 1972 and is the second-oldest established bank in the Cayman Islands. DMS Bank & Trust is a member of DMS Offshore group, offering a variety of services offshore investment management.
DMS Bank & Trust Ltd. has Category B banking license number 74019 issued by the Cayman Islands Monetary Authority. This type of license allows DMS Bank & Trust Ltd. 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 DMS Bank & Trust Ltd. failure its depositors will not get any compensation.
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 DMS Bank & Trust Ltd. failure its depositors will not be paid out any compensation.