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If you want to open a bank account in the Cayman Islands, here is what you need to know. Banks often create promotional campaigns to lure new customers. The distribution process depends on the state in which the spouses reside. Negotiable certificates of deposit are a money market instrument clean slate checking issued and used by banks to fund ongoing operations.

Opening a fixed deposit account with PBB is a simple process for residents in Malaysia and non-residents. When a piece of property is purchased, a deed is executed to document that the seller transfers his ownership, or interest, to the buyer.

They can be opened for private or business purposes. The country has 330 private banks, with Commerz, Dresdner, Postbank, Volksbank, Sparkasse and Deutsche being the major banks.

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