The Banks and Trust Companies Law and the Private Trust Companies Regulations, require trusts, controlled subsidiaries and private trust companies to pay prescribed licence application / initial registration fees and annual renewal fess.
The categories of fees payable by trusts and controlled subsidiaries are set out in the Banks and Trust Companies (Licence Applications and Fees) Regulations. These regulations should be read in conjunction with the Banks and Trust Companies (Licence Applications and Fees) Regulations.
The fees payable by private trust companies are set out in the Private Trust Companies Regulations.
Click here for the current Fee Schedule for trust entities and for all CIMA-regulated entities.
Note: All fees quoted are in Cayman Islands Dollars (CI$). The conversion rate to be used for payment in United States Dollars (US$) is 0.82 (US$1.00 = CI$0.82).
Payment may be made by cheques and drafts drawn on local commercial banks, wire transfer, or International Money Orders (IMOs)/drafts.
Cheques should be made payable to the Cayman Islands Government and remitted to:
The Cayman Islands Monetary Authority
PO Box 10052
80e Shedden Road
Grand Cayman KY1-1001