Cayman Institutional Bank

Cayman Institutional Bank, a specialist bank and trust company, provides banking, trust, and custody services to the offshore financial services industry. Its banking services include operating accounts in major currencies; escrow accounts; foreign exchange and term deposits; and SWIFT narrative on statements for all incoming wires. The company offers trust services to administer various forms of trusts, including charitable and STAR trust structures, as well as private trust companies, and also act as enforcer to STAR trusts. It provides its trust services to institutional clients and their specific needs. The company also offers escrow services. It provides custody services for the safekeeping of assets; the settlement of securities transactions; the notification of stock splits, mergers, and other corporate actions that impact clients holdings; the collection of dividend and interest payments; proxy services; and comprehensive client reporting. The company also offers custody services for safekeeping of fund of fund assets; the execution of subscription and redemption documentation, including payment of subscription and receipt of redemption monies; notification of corporate actions; proxy services; and monthly portfolio reporting. Cayman Institutional Bank was founded in 1972 and is based in Grand Cayman, Cayman Islands.