Money, Banking & Finance

Money
The unit of currency is the Cayman Island dollar (CI$) which is fixed to the US dollar at the rate of CI $1 = US $1.20.

There are no exchange control restrictions, and expatriate employees’ experience no difficulty in remitting funds from the Cayman Islands.

Banking
The Cayman Islands are regarded as one of the world's premier international financial centres. The financial services offered in the Cayman Islands include banking, trusts, mutual funds, company management, structured financing, vessel registration, insurance and listings on the stock exchange.

There are a number of well established retail banks that provide a full range of retail services, including internet banking.



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