If you are dissatisfied about the manner in which the Authority or its licensees has carried out their functions, see our Complaints section.
To help consumers make informed decisions during their transaction activities, CIMA publishes a summary list of fees charged by domestic deposit-taking institutions. The list is updated quarterly and includes fees such as cheque cashing, cheque deposits, cash withdrawals and deposits for account and non-account holders but does not include all fees charged by the above institutions. Please also note that the list has been updated to include The Cayman Islands Civil Service Association Co-Operative Credit Union which provide services solely to its members.
Although these deposit-taking institutions are currently registered and regulated by CIMA, CIMA does not have the authority to control fees and as such, charges are commercially driven.
Middle Age Adults
Losing your home is the last thing any homeowner wants to think about. However, by understanding the foreclosure process and what often leads to it, you can better position yourself to deal with potential problems that could impact your ability to service your mortgage and place your most valued asset at risk.
Foreclosure is a legal process that creditors use to satisfy your financial obligations to them. Not paying a debt, like a mortgage or second mortgage, can trigger a foreclosure. CIMA advises all individuals with a residential mortgage to take heed of the following:
Every year, we witness the impact and destruction of natural disasters around the world, such as hurricanes, earthquakes, tsunamis and storm surges. Here in the Cayman Islands, we have experienced our own share of natural disasters. While these events are difficult to predict, it is not difficult to prepare and offset financial losses before they occur.
With hurricane season approaching, property and motor vehicles owners should be mindful of the following: