Trade and Commerce Bank

Anna Mileiko Created by Anna Mileiko

Trade and Commerce Bank Logo

Address

KY1-1102, Grand Cayman, Cayman Islands

BIC

TCEBKYK1

Overview

Category

Category B (Banking)

Business Focus

international banking

On 5 July 2002, Trade and Commerce Bank was placed into provisional liquidation by an order of the Grand Court of the Cayman Islands. It entered official Liquidation on 29 August 2002. The bank is now in official liquidation that has ceased to accept deposits and carry on business.

Trade and Commerce Bank has Category B banking license number 88037 issued by the Cayman Islands Monetary Authority. This type of license allows Trade and Commerce Bank to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.

Services

banking services

Clients

international clients only

Area Served

internationallyinternationally

Deposit Guarantee

Guarantee Fund
none
Protected Amount
0 KYD
Eligible Depositors
none
Covered Accounts
none

There is no deposit guarantee scheme in place for Trade and Commerce Bank. It means that in the event of Trade and Commerce Bank failure its depositors will not receive any compensation or coverage.

See Also

Contacts

addressKY1-1102, Grand Cayman, Cayman Islands
po box1102

Bank Identifiers

BIC (SWIFT)
TCEBKYK1

Bank Supervision

Supervised By
Cayman Islands Monetary Authority

Trade and Commerce Bank was authorized and supervised by the Cayman Islands Monetary Authority.

Bank History

Close Date
13 September 2022
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