It concerns the opening of an account that can receive and withdraw large amounts of money.
In Cayman Islands
Last Updated:
Oct 17, 2025
It concerns the opening of an account that can receive and withdraw large amounts of money.
A friend of mine would like to open such an account in a bank in the Cayman Islands to be used for purchasing equipment for various projects. The investor who will transfer the funds to this prospective account currently holds the money in a German bank.
Lawyer Answers
HALO Legal Solutions
Oct 17, 2025
Oct 17, 2025
Hello,
Thank you for your enquiry. Financial services enquire such as this I would like to direct you to seek the assistance of Cayman National Bank and/or a Cayman Islands Monetary Authority (CIMA) licenced Corporate Services Provider such as, CSC (formerly Intertrust Group) or Waystone, or Appleby Global Services Cayman Islands. You can get their contact information with a quick internet search.
You may kindly let them know that HALO Legal Solutions has referred you to them.
Thank you!
Thank you for your enquiry. Financial services enquire such as this I would like to direct you to seek the assistance of Cayman National Bank and/or a Cayman Islands Monetary Authority (CIMA) licenced Corporate Services Provider such as, CSC (formerly Intertrust Group) or Waystone, or Appleby Global Services Cayman Islands. You can get their contact information with a quick internet search.
You may kindly let them know that HALO Legal Solutions has referred you to them.
Thank you!
ASK A FREE QUESTION
Free • Anonymous • Expert Lawyers
Need Personal Legal Help?
Connect with experienced lawyers in your area for personalized advice on your specific situation.
Free consultation • No obligation