Republic Offshore Banking

We offer a variety of offshore banking and trust services through Republic Bank (Cayman) Limited.
Banking in the Cayman Islands

The Cayman Islands is one of the world's leading financial centres and provides a tax-free haven for serious investors and depositors. It is attractive because of its strict Confidential Relationships (Preservation) Laws which guarantee banking privacy. Its tax structure does not impose any direct taxes such as personal income, corporate or withholding taxes or estate duties. Although there are over 500 banks registered in the Cayman Islands, Republic Bank (Cayman) Limited, which was established in 1992, is the first indigenous bank of the English-speaking Caribbean to establish an offshore facility there and to offer the benefits of tax-free banking and trust services to citizens of Trinidad and Tobago.


Corporate Services
You can open accounts in US dollars or other major currencies at highly competitive rates.

Corporate Services include:
  • certificates of deposits in major currencies
  • current accounts in major currencies
  • stand-by letters of credit
  • loan facilities
  • investment trust certificates
  • settlement trusts
  • incorporation/management of companies
  • portfolio management
  • accounting services

There are several benefits of using the various facilities offered by Republic Bank (Cayman) Ltd. These include:

  • elimination of the cost of exchange conversions in buying and selling foreign currency
  • immediate access to funds
  • protection against adverse fluctuations in exchange rates
  • full confidentiality
  • financial planning to avoid unnecessary taxation and testamentary expenses
Representative Office

To ensure that you get access and the highest quality of service, we have established a representative office in Trinidad and Tobago.

  • 59 Independence Square,
    Port of Spain,
    Trinidad,
    West Indies
    Telephone (868) 627-2952
    Fax (868) 627-2951

Principal Officers of our Representative Office
  • Country Manager
    Ravi Mykoo CFA, BSc. Economics and Management (Hons)

  • Relationship Manager - Private Banking, Cayman Support Unit
    Sunardai Hosang

Principal Office
P O Box 2004,
Suite #308 Smith Road Centre,
150 Smith Road,
George Town,
Grand Cayman K1-1104,
Cayman Islands

Principal Officer

Country Manager
Ravi Mykoo CFA, BSc. Economics and Management (Hons)
ravi.mykoo@republiccayman.com

Visit a branch near you
Visit one of our branches today to find out more about our Offshore Banking and Trust Services. To view a list of our branches nationwide, click here.

What you will need
Before visiting our branches, ensure you have the following documents:
  • two (2) references- one from your present bankers and one from an accountant or attorney
  • suitably notarised/ certified copies of two (2) pieces of identification showing the picture, nationality and signature of the account holder
  • normal bank mandates which should also be notarised/ certified
  • advice regarding the source of funds used to open the account
  • copy of any utility bill or statement which will confirm your address

Simply complete and submit the Offshore Banking Application Form and one of our representatives will contact you to discuss your needs.

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