Royal Bank of Canada Trust Company (Cayman) Limited

Royal Bank of Canada Trust Company (Cayman) Limited Review

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M
3 years ago

If I could give them 0 stars, I would! They're the...

If I could give them 0 stars, I would! They're the worst. Had a credit card which I maxed - my fault on that. RBC decided to outsource that function to Intellisys and is now trying to make me pay double on a settlement offer of US$1,200. Card was already paid 3 months ago! Despise this bank so much

M
3 years ago

They wasted 8 weeks of my time before refusing my ...

They wasted 8 weeks of my time before refusing my mortgage application for no apparent reason. When I first came to Cayman I had considerable trouble cashing a settlement cheque drawn on one of their own accounts! The number of 1* reviews here does not surprise me.

L
3 years ago

Close your accounts!!!! This bank is sheer torture...

Close your accounts!!!! This bank is sheer torture to visit. No sense of urgency or ability to deal with customers in a time efficient manner. My only hope is they finally close down and I don t need to come here again. Staff walk back and fourth - how about serving customers (perhaps you may have some more just a thought). I will actively advise no one to join this bank!

R
4 years ago

Slow and incompetent at all times. Sadly it s a p...

Slow and incompetent at all times. Sadly it s a problem for all banks on island so it s unlikely to change. Zero competition and no option to not use a bank. Expect to spend an hour for simple transactions and more for complex things like a draft.

E
4 years ago

Staff members are quite rude and don t provide any...

Staff members are quite rude and don t provide any assistance without multiple follow ups. The bank has made so many mistakes in calculating interest, deducting loan payments etc. I would not recommend RBC to anyone on island.

A
4 years ago

This bank must be in competition to be the worst b...

This bank must be in competition to be the worst bank in the Cayman islands (possibly the entire Caribbean). They refuse to cash their own checks if you do not have an account with them. So if I pay someone with a check I need to make sure they have an account with this bank or they will not get their money. The service takes the cake, the worst I have ever seen with the exception of two or three employees at their Red Bay branch. They charge to deposit money into your account and they charge to take money out of your account. Also make sure that you hold on to all of your payment receipts or you will end up paying twice.

About Royal Bank of Canada Trust Company (Cayman) Limited

Royal Bank of Canada Trust Company (Cayman) Limited: A Trusted Name in Financial Services

Royal Bank of Canada Trust Company (Cayman) Limited is a leading financial services provider based in the Cayman Islands. The company is committed to providing its clients with innovative and customized solutions that meet their unique needs. With a team of experienced professionals, Royal Bank of Canada Trust Company (Cayman) Limited has established itself as a trusted name in the financial services industry.

The company offers a wide range of services, including trust and fiduciary services, investment management, corporate administration, and banking solutions. Its clients include high net worth individuals, families, corporations, and institutional investors from around the world.

Trust and Fiduciary Services

Royal Bank of Canada Trust Company (Cayman) Limited provides comprehensive trust and fiduciary services to its clients. These include setting up trusts for estate planning purposes or asset protection; acting as trustee for charitable trusts; administering employee benefit plans; managing private trust companies; and providing directorship services for offshore companies.

Investment Management

The company's investment management team offers customized investment solutions tailored to each client's specific needs. Its portfolio managers have extensive experience managing portfolios across various asset classes such as equities, fixed income securities, alternative investments like hedge funds or private equity funds.

Corporate Administration

Royal Bank of Canada Trust Company (Cayman) Limited provides corporate administration services to help businesses establish themselves in the Cayman Islands. These include incorporating companies; maintaining statutory records; preparing annual returns; arranging board meetings; providing registered office facilities etc.

Banking Solutions

The company also offers banking solutions through its parent bank Royal Bank of Canada which has been operating since 1864. Clients can access a range of banking products such as deposit accounts or credit facilities through Royal Bank Of Canada’s global network.

Why Choose Royal Bank Of Canada Trust Company?

There are several reasons why you should choose Royal Bank Of Canada Trust Company for your financial needs:

1.Trusted Name: The company has been operating since 1969 with an excellent reputation built on integrity & professionalism.
2.Experienced Professionals: The team comprises experienced professionals who have extensive knowledge about local laws & regulations.
3.Customized Solutions: Each client receives personalized attention from dedicated relationship managers who work closely with them to understand their unique requirements.
4.Global Network: As part of one largest banks globally - RBC - it can offer access to global markets & expertise
5.Strong Compliance Culture : It adheres strictly to international standards on anti-money laundering regulations & other compliance requirements.


Conclusion:

In conclusion,Royal bank Of canada trust company is an ideal choice if you are looking for reliable financial service providers in the Cayman Islands.Their commitment towards delivering innovative solutions tailored specifically towards individual client needs makes them stand out among competitors.With over five decades' experience serving clients worldwide,Royal bank Of canada trust company continues being one most trusted names within this industry.So if you want peace-of-mind when it comes down managing your finances then look no further than this reputable institution!

Royal Bank of Canada Trust Company (Cayman) Limited

Royal Bank of Canada Trust Company (Cayman) Limited

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