IGUAKO Capital is a work of institutional fiction by the Iguako Institute for Applied Unreality. No financial services are offered, no accounts exist and nothing here is an offer, a contract or advice.About this work
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Counterparty · Correspondent bank

Saltmarsh Mercantile Bank

Saltmarsh Mercantile Bank is the group's principal US dollar correspondent in the Cayman Islands and has cleared for IGUAKO Capital Holdings Ltd. since the firm was formed in 2019. It holds the operating accounts of the holding company and of nine of the 19 group entities administered from George Town. Roughly 55 per cent of the group's US dollar payment volume passes through its George Town clearing desk.

Type
Correspondent bank
City
George Town
Region
Caribbean
Relationship since
2019

The relationship

The relationship gives clients a settlement route that does not depend on a single onshore bank. Saltmarsh provides same-day dollar liquidity against the group's treasury balances and acts as paying agent for distributions from Caribbean holding vehicles. Its compliance team reviews every new IGUAKO entity before an account opens, which shortens onboarding for co-investment structures. The settlement accounts of Latitude Treasury (Cayman) Ltd., the treasury hub vehicle of the 2026 phase of Programme Latitude, are being opened here.

Services to IGUAKO and its clients

  • US dollar clearing and correspondent accounts
  • Treasury and overnight liquidity lines
  • Paying agent for distributions from Cayman vehicles
  • Account services for co-investment structures
  • Settlement accounts for the Caribbean treasury hub

Also in the region

Caribbean.