Cayman entities are disproportionately used for venture fund structures, SPVs, and holding vehicles sitting above US-based portfolio companies. That audience — fund administrators, GPs, and SPV managers — needs USD banking infrastructure that behaves like plumbing, not a product: reliable wires, clean documentation requirements, and fast turnaround so capital calls and distributions aren’t held up by banking friction. Hollis & Co, through Column N.A., is built for exactly this: Cayman exempted companies, LLCs, and exempted limited partnerships can open a USD account with same-to-next-business-day review.
Entity Types
Review Time
Required Documents
Fees
Application fee
$50
Setup fee
$700
Annual fee
$600
Domestic wire
$20
SWIFT wire
$30
FX spread
+0.75%
Incoming wires
Free
The application fee is non-refundable. Annual maintenance fee waived if your account maintains an average daily balance of $250,000 or greater across the 365 days prior to your renewal date.