The following is a list of items required for our review and acceptance prior to the opening of a personal account:

1. An original financial reference addressed to the Bank indicating a satisfactory relationship of over 3 years, and quoting approximate average balances maintained over the past 6 months.
2. For local residents, a letter from your current employer addressed to Butterfield Bank (Cayman) Limited confirming your salary and employment. For overseas residents, an original character reference addressed to the Bank from a Law or an Accounting firm indicating a satisfactory relationship of over 3 years.
3. Details regarding the purpose of the account.
4. Details regarding the nature and dollar volume of anticipated transactions through the account including the source of funding/wealth of initial and subsequent deposits.
5. A notarised legible copy of the passport photo page with clear details of full name, date of birth, nationality, signature, photo and expiration date AND driver’s licence (with photo showing).
6. Completed and signed Bank mandates.
7. Confirmation of physical address; example, copy of current utility bill with clear details of permanent address.

Certification of identification is not required of persons who have been personally interviewed at the Bank and from whom a photocopy of passport or driver’s licence has been taken by Bank personnel.

There will be situations that are not covered by the above, and our Manager – Retail Banking will be pleased to discuss our requirements in exceptional cases.