Cayman Private BankCayman Private Bank

Cayman Islands 传统银行 Online or in-branch Non-residents OK ★ 3.9
Minimum depositPrivate banking from about $1,000,000 (a separate entry-tier account starts at $25,000)
Monthly feeDepends on the account tier
Minimum balanceA high minimum balance must be maintained
How to apply—
Processing timeAbout 4-8 weeks (remote video verification)
Institution typeTraditional Bank
Data baseline 2026-10. Editor-verified, but rules change — confirm with the official site before applying. Data transparency →

About this bank

Advantages

  • Offshore private-banking hub
  • Remote video verification supported
  • USD multi-currency
  • No income tax

Things to note

  • Very high threshold ($1M+)
  • Extremely strict documents
  • HNW only

Documents required

  • Passport (notarised)
  • Address proof
  • CV
  • Bank reference
  • Source and proof of wealth

Cayman private banking starts at US$1M; a separate entry-tier account starts at US$25,000, with remote video verification supported

Opening offers & benefits

Standing benefits

These are stable, standing account benefits (not time-limited) — available as long as you qualify:

Bank offers change frequently by region and quarter. Checked 2026-10; follow the bank's official promo page.

FAQ

Ready? Open your account

Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.

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