Hello everyone,
I'm sure this is a common topic here but here I go.
I have a newly formed Cayman company that I plan to use to manage financial assets (tradfi and crypto). I am not a Cayman resident or have an otherwise Cayman connection so the local banks there won't open accounts for the company.
What are good banking options beyond the local banks where I am based?
I know a few crypto friendly (private) banks that will onboard the company (albeit for a min deposit of > 1m USD), in Switzerland, US or more exotic locations. I also know Caye International in Belize will open an account but I see them as more of a last resort option. I'm also open to banks that are not crypto friendly as I can easily separate that activity from the rest. I'm looking for banks that are relatively safe and enjoy a good reputation, preferably not located in the US or EU (too much regulation/administrative risk there).
Any suggestions well-appreciated.
Thank you!
I'm sure this is a common topic here but here I go.
I have a newly formed Cayman company that I plan to use to manage financial assets (tradfi and crypto). I am not a Cayman resident or have an otherwise Cayman connection so the local banks there won't open accounts for the company.
What are good banking options beyond the local banks where I am based?
I know a few crypto friendly (private) banks that will onboard the company (albeit for a min deposit of > 1m USD), in Switzerland, US or more exotic locations. I also know Caye International in Belize will open an account but I see them as more of a last resort option. I'm also open to banks that are not crypto friendly as I can easily separate that activity from the rest. I'm looking for banks that are relatively safe and enjoy a good reputation, preferably not located in the US or EU (too much regulation/administrative risk there).
Any suggestions well-appreciated.
Thank you!
