ACH (Cayman) Limited was established in 2017 to plan and implement the Cayman Islands Automated Clearing House (CIACH). CIACH is an electronic payment and cheque imaging system that is shared by participating banks in the Cayman Islands.
ACH (Cayman) Limited is jointly owned by the six class A retail banks: Butterfield Bank (Cayman) Limited, Cayman National Bank Ltd., CIBC FirstCaribbean International Bank (Cayman) Limited, Fidelity Bank (Cayman) Limited, RBC Royal Bank (Cayman) Limited and Scotiabank & Trust (Cayman) Limited.
The CIACH is designed to clear and settle electronic transactions and provide a secure, cost-efficient exchange and settlement mechanism for domestic payments in KYD and USD currencies that adheres to international standards. Learn more about the first phase of implementation.
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