Altajir Bank
Altajir Bank is an offshore private bank offering personal and confidential deposit services located in the Cayman Islands.
In 1974 Altajir Bank was licenced in the Cayman Islands. In 1979, they increased the capital to twenty million dollars to give a solid base for the accommodation of outside clients. Altajir Bank offers all clients personal attention to be expected only of a private bank. Altajir Bank is ideally placed to be useful to any person or company having funds arising offshore. We are a depository for United States Dollars, Canadian Dollars, Sterling Pounds, and Euro Currencies. Our interest rates are competitive in this market. We quote rates on a term basis, or on call. Modest amounts (minimum $5000) are welcome but we keep sums below ten thousand dollars on call. Term deposits are for three, six or twelve months. We will automatically roll them over at each maturity unless otherwise instructed. Call accounts are payable on demand with interest computed on a daily basis, credited monthly. There is no deduction from interest paid. Unless some other arrangement is stipulated, statements on call accounts are mailed quarterly. Law generally prohibits banks in the Cayman Islands from disclosing to third parties whether inside or outside the Cayman Islands, information about a client's legal business affairs with that bank without the clients' prior written authority. The banks supervisors, which are entitled to information for proper regulatory purposes, may release information if requested to do so by overseas regulators only for proper regulatory purposes and subject to safeguards. Law enforcement authorities will release information to their counterparts in other jurisdictions only if it is properly required for the investigation or prosecution in respect of money laundering or other illegal activities. Again there are safeguards over the release of such information. We recommend that clients consult qualified and experienced advisors from their own jurisdictions in order to obtain the maximum relief from the impact of general taxation (including Death Duties and Inheritance Taxes) and also from exchange and other types of currency control on convertibility.
Address: P.O.Box 691, George Town, Grand Cayman, Cayman Islands KY1-1107
Phone: +1 345 749 5628
FAX: +1 345 949 6339
