To complete customer transactions, we are offering customers the ability to settle their fees by using wire transfer/direct debit.
The details of the accounts are set out below:
Beneficiary: Cayman Islands Government
Beneficiary Bank: Royal Bank of Canada
Transit Number: 06975- this MUST be used in front of the account number.
Executive Revenue
EXECUTIVE PAYMENTS consists of: Land registry fees, stamp duty fees on land/lease instruments, and other stamp duty instruments such as agreement or memorandum of agreement, assignment, conveyance or transfer, mortgages etc.
Entity Revenue
ENTITY PAYMENTS consists of: Express land registry fee, GPS license fees, customized search of land registry data, estate management fees, mapping service fees, GIS web receipts, GIS applications, rentals, NGIS and Survey professional fees.
CIG Ministry/Portfolio/Office:
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Ministry of District Administration & Lands (DAL)
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Fee /Revenue Type:
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e.g. Land registry
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Description
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Information/Format
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*RBC ‘Short Name’
(‘Short Name’ must be entered online)
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CIG DISTRICT ADMIN
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Bank:
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RBC Royal Bank (Cayman) Limited
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ENTITY REVENUE
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KYD Account Number (Including Transit):
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069752641199
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USD Account Number (Including Transit):
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069752641207
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Account Type:
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Chequing /Current Account
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EXECUTIVE REVENUE
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KYD Account Number (Including Transit):
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069752641223
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USD Account Number (Including Transit):
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069752641231
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Account Type:
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Chequing /Current Account
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Memo/Reference: Please include – Name of remitting party, Department Name / Fee or Revenue Type must be entered online
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Block & Parcel Number or any other identifying details.
e.g. ABC Attorneys LSD OPY 1 Stamp Duty
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Please ensure that you add a specific description to identify the transaction relevant to the fees. Transactions will not be completed unless we have received payment. Please email a copy of the transfer to landreglodgement@gov.ky (if this relates to a registration document) or landregsearch@gov.ky (if this relates to a search request) or caymanlandinfo@gov.ky (if this relates to Mapping products or services) so that we can ensure that your account is credited properly.
EFT Maximum Limit Between Class A Banks
The maximum limit of an individual Domestic/Local EFT transfer may vary from bank to bank but should not exceed USD 500,000 or KYD equivalent, as per Cayman Islands Automated Clearing House guidelines.
Options available to remit amounts in excess of the above:
Remit multiple amounts of USD 500,000 or KYD 410,000t or less
Note: Maximum limit not applicable to Internal Transfer of Funds
Reminder
Customers are reminded to email a copy of the executed EFT / internal account transfer to us.