CIB Limited, a member of investment company Capital International Group, was given a provisional banking licence to operate in the Isle of Man in August 2019. CIB Limited will offer its services to individual and corporate clients whose liquid assets are in excess of £500,000.
Becoming a client of CIB Limited can be done in a few steps:
Due to regulatory requirements CIB Limited performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual CIB Limited will ask him/her to provide the following documents: passport; proof of address. For corporate clients CIB Limited will ask to provide corporate documentation as well as information about controlling persons. CIB Limited may request additional documentation or information depending on the case. Account opening procedure is usually completed within a few minutes.
CIB Limited participates in the deposit guarantee scheme of the Isle of Man. This deposit guarantee scheme applies to any credit balance on an account with a bank made by natural persons (Isle of Man and foreign), legal entities (Isle of Man and foreign) and covers up to up to 50,000 GBP per bank per depositor. CIB Limited is a member of Isle of Man Depositors’ Compensation Scheme and makes its contributions into it.
CIB Limited is headquartered in Douglas.
CIB Limited has profiles at the following social networks:
CIB Limited is authorized and supervised by the Isle of Man Financial Services Authority (reference number 1387).