BoozeCruise2 Posted January 13, 2006 #1 Share Posted January 13, 2006 Can anyone provide info, links or experience regarding depositing money and the safety of doing so, potential interest rates? BC2 Link to comment Share on other sites More sharing options...
drew sailbum Posted January 13, 2006 #2 Share Posted January 13, 2006 The Cayman Islands are a major world banking center. Most banks in Cayman are merely offices of international banks and most will not accept cash deposits! Banking regulations in Cayman require certain disclosures to descourage money laundering. Rumors of suitcases full of cash are just rumors. Example rates for fixed deposits are available on the website of many banks. http://www.butterfieldonline.ky/rates/depositrates.pdf shows the rates at one major bank. Link to comment Share on other sites More sharing options...
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