Cayman Capital Trust Bank Ltd. advises that due to Liquidity Management Rules issued by the Cayman Islands Monetary Authority (CIMA), applicable to all Class ‘A’ Retail banks in the Cayman Islands, all Wholesale Customer Fixed Deposits will be subject to the following conditions as updated in our July 2022 Schedule of Fees.
“Wholesale Funding Customer” means any Customer that is not a natural person with either KYD50 million or greater in total assets and/or KYD50 million or greater in total annual revenues.
Breakage Conditions Before Maturity
• Subject to a repayment date of no less than 31 calendar days after the termination request.
• Business Fixed Deposit (Breakage Before Maturity) fees may also apply.
Wholesale Funding Customer Fixed Deposits opened before July 1st 2022, broken before maturity will be subjectto our Schedule of Fees prior to July 1st 2022. Any new or renewed Wholesale Funding Customer Fixed Deposits opened on July 1st 2022 or later will be governed by the above conditions.