Online banking getting better in Cayman
Despite its position as a global hub for financial services, the standard of local online banking has often lagged international levels. Yet two recent announcements bode well for the future of online banking in the Cayman Islands.
On 22 Sept. the Cayman Islands Bankers’ Association announced that from 1 Oct. the cut-off point for same-day, domestic electronic payments would be pushed back to 3:30pm. The later time will be available at all the islands’ retail banks – Butterfield Bank, Cayman National Bank, CIBC Caribbean, PROVEN Bank, RBC Royal Bank and Scotiabank. However, people should check with their bank to see how the changes will be implemented on their account. For a more complete summary of the story, please see the below link:
Published on: Sep 26, 2025 01:59 PM