We are excited to tell you that Mundo and one of the most recognized banking experts in the Cayman Islands have joined forces to offer you a truly compelling opportunity.

Just for our distinguished readers, we are offering a package that combines corporate and banking services in the Cayman Islands. In other words, it has never been easier to have the help you need to open a company (no matter what its legal structure is) and a bank account in this turquoise paradise.

The natural goodness of the Cayman Islands made it worthy of the name "turquoise paradise". And in the same way, their incredible banking system has given these islands the title of "the Swiss of the Caribbean".

It is worth noting that in the Cayman Islands it is not uncommon for banks to allow you to open an account without visiting their offices. Almost all communication is done through email and video calls. This is very convenient. 

Most offshore banks are branches, subsidiaries, and affiliates of international financial institutions, with 40 of the 50 largest banks in the world present in the islands. 

Other reasons why the Cayman Islands are the quintessential banking destination for those looking for the best of the best are:

Total discretion: in this beautiful jurisdiction the names of the beneficiaries of offshore companies registered here, are not incorporated in any public registry and there is no obligation to disclose the identity of the beneficiaries. The Cayman Islands does not have double taxation agreements with any country and banks protect the identity of the people who entrust them with the custody of their assets and money. However, as a CRS country, the fund information will be shared with the tax authorities of your country of origin. 

Stability: the Cayman Islands are one of the main international financial centers, so, as expected, the economic sector of banking and services is exceedingly developed. This will give you the certainty that your money is safe in a stable environment.

Forget about taxes: along with their wonderful economic outlook, there is another aspect that puts the Cayman Islands on a higher level than many other jurisdictions. The islands have no income tax, property tax, or capital gains tax. 

Convenience to open your account: another advantage of opening a bank account in the Cayman Islands is that you can open it without physical presence. Its banks are an example of high-quality online banking that allows the client to perform any transaction. There is also the possibility to request any type of banking services such as foreign exchange accounts, credit cards, and more. 

Timeframe: opening a bank account in the Cayman Islands can take from one to five weeks, depending on how agile the expert you choose is to advise you and how soon you can meet the requirements. Although the bank may delay the process if they require more information.

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Banking services in the Cayman Islands

This jurisdiction has one of the most advanced, if not the most developed, financial ecosystems in the entire Caribbean. The Caymanian government is serious about the soundness of its financial services and that is why most of the public and private efforts are geared towards keeping the Cayman Islands at the cutting edge of banking services.

In the Cayman Islands' banking services offer, you can find almost anything you can think of: multi-currency accounts, investment accounts, savings accounts, as well as investment and credit instruments.

Cayman Islands banks offer a full range of products for non-resident clients. Deposits, savings, and checking accounts are widely available at many banks with competitive interest rates offered in all major currencies. 

The Cayman Islands is one of the leading international financial centers in the world. Over 80% of more than US $1 trillion of deposits are booked through banks in the Cayman Islands, representing interbank bookings between onshore banks and their domestic branches or subsidiaries.

Currently, the Cayman Islands financial system is supported by nearly 210 banks that are licensed to operate in the Cayman Islands, of which 19 are Category A, or authorized to conduct international and domestic business. The remaining are Category B banks, whose work is limited to international transactions only. 

Caymanian banks offer a wide range of services for individuals, businesses, and institutions:

  • Deposit, savings, and checking accounts in any of the world's major currencies.
  • First level online banking.
  • Personal credit and debit cards.
  • Lines of credit and loans.
  • Cash and Asset Management.
  • Merchant services.
  • Safety boxes.
  • Insurance.
  • Investment instruments.
  • Treasury services. 

The process of opening a bank account in the Cayman Islands is relatively simple if you have the appropriate guidance. 

To open a particular bank account, you must provide detailed personal information to verify the holder's identity and the origin of the funds. 

The required documentation consists of financial reference provided by your current bank indicating the average balances held for six months, documentation on the identity, residential address, occupation, details regarding the purpose of the account as well as the nature and volume of transactions expected in dollars, including the origin of the initial deposits. Most banks usually require a minimum initial deposit of about $2,500, although the amount varies depending on the bank you choose.

These are the most common requirements you will need to start using Caymanian banking:

  • You will need to fill out a form with your information. The details of the forms vary depending on the bank you decide to use, so it is best to consult with your expert.
  • The next step is to submit the form with the following documents:
  • Copy of the legal documents from your Caymanian legal entity (in case the bank account is for a company).
  • Notarized copy of passport and identity documents of the beneficiary(ies).
  • Notarized copy of passport and identity card of the beneficiary(ies) of the bank account.
  • Copy of a document proving your residence not older than three months (a utility bill such as electricity, water, or telephone; or a bank statement).
  • CV of the beneficiary(ies) of the account.
  • Bank recommendation letter. If necessary, the letter should be translated into English.
  • After filling out the form and collecting the documents, your expert will send everything to the bank you have chosen for review.

If you submit your application correctly and the bank does not find any problems, your account can be open within a week. It's a fairly straightforward process. 

Opening a bank account in this turquoise paradise is not a simple process, but you can go through it without problems with the help of our professionals. 

Our services in the Cayman Islands: corporate structure + bank account

We at Mundo have partnered with the best advisors and experts in corporate and banking services in the Cayman Islands to design a package that will open the doors of the turquoise paradise to our readers.

This offer is a straightforward option for people who want to register a company and open a bank account at a special price in one of the most coveted places in the world.

Doing business in the Cayman Islands has never been a reality as obtainable as it is now with our services. Enjoying one of the most recognized international financial centers on the planet can now be a possibility for you.

Our package consists of the creation of the corporate structure that best suits your needs and a bank account that suits the operations you want to carry out on the island. All for an absurdly attractive price.

If you want to know more details about this promotional package or the rest of our services in the Cayman Islands, contact us now! 

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Who are we and what can we do for you?

We at Mundo maintain a fruitful partnership with our main sponsor, a firm that provides trust and immigration services. Thanks to this partnership we have been able to increase and safeguard the freedom of our clients in the best jurisdictions when it comes to financial services, such as the Cayman Islands.

The work of almost three decades has translated into a network of professionals without comparison around the most favorable jurisdictions for the personal and economic freedom of our clients. Now, Mundo has also contributed to this network with new experts and jurisdictions. The Cayman Islands is one of them.

At an incredible price, our Caymanian experts can offer you:

  • Register a corporate structure, regardless of type.
  • Advice and management to open bank accounts or acquire financial services.
  • Fill out the forms and submit the documents required by each entity.

Having an empire and a bank account has never been so easy. What are you waiting for? Contact us now and start enjoying the benefits that the Cayman Islands have to offer!

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Years of practice in his field: 18