Merrill Lynch Bank and Trust Company (Cayman) Limited

Merrill Lynch Bank and Trust Company conducts banking and trust operations for customers of its affiliates (client corporations, high net worth individuals, and other financial institutions). Merrill Lynch Bank and Trust Company product range includes secured loans, interbank placements, deposits from private clients, and foreign exchange transactions.

Merrill Lynch Bank and Trust Company (Cayman) Limited has Category A banking license number 88024 issued by the Cayman Islands Monetary Authority. This type of license allows Merrill Lynch Bank and Trust Company (Cayman) Limited to conduct banking and trustee operations both in the domestic and international markets and provide services to residents and non-residents.

Bank Category

Category A (Banking & Trust)

There is no deposit guarantee scheme in the Cayman Islands: in the case of Merrill Lynch Bank and Trust Company (Cayman) Limited failure its depositors will not get any compensation.

Contacts

KY1-1102, Grand Cayman, Cayman Islands
1164

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 Merrill Lynch Bank and Trust Company (Cayman) Limited failure its depositors will not be paid out any compensation.

Defunct Banks: 1 bank in 1 country

The following banks operating under Merrill Lynch Bank and Trust Company brand name has been recently closed down:

Isle of Man