Does Hollis support Cayman fund and SPV structures, or only operating companies?

Both. Cayman Exempted Companies, LLCs, and Exempted Limited Partnerships are all accepted, covering the most common fund, SPV, and holding-vehicle structures.

What documentation does a Cayman SPV need to provide?

The formation document appropriate to its structure (Certificate of Incorporation, LLC Agreement, or LP Agreement), a Register of Directors or equivalent, and UBO documentation identifying beneficial owners at 25%+.

How fast is account approval for a Cayman entity?

Same business day to next business day for applications with complete formation and UBO documentation.

Is this banking product a securities offering, investment product, or advisory service?

No. Hollis provides banking infrastructure only — USD account opening, wires, and treasury management — through its partnership with Column N.A. It does not offer investment advice, fund administration, or securities services.

Can a Cayman holding company and its Delaware portfolio company both bank with Hollis?

Yes. Many fund structures with both a Cayman vehicle and a Delaware operating subsidiary open Hollis accounts for both, reviewed independently.

Hollis & Co

All jurisdictions

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US Banking for Cayman Islands Exempted Companies and Fund Structures

USD treasury infrastructure for Cayman holding companies, exempted companies, and investment vehicles — reviewed in as little as one business day.

Why this matters

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

Holding CompanyExempt Company

Review Time

Same day – next day

Requirements, fees & timeline

Required Documents

·Certificate / Articles of Incorporation
·Tax Identification
·Ownership & Control
·Directors / Control Persons
·Memorandum & Articles of Association
·Passport (valid)
·Proof of address

Fees

Setup fee

$750

Annual fee

$600

Domestic wire

$20

SWIFT wire

$30

FX spread

+0.75%

Incoming wires

Free

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.

Frequently asked questions

Hollis & Co., Inc. (“Hollis & Co”) is a financial technology company, not a bank. USD deposit accounts and banking services are provided by Column N.A., Member FDIC. Deposits are eligible for FDIC insurance up to $250,000 per depositor, per ownership category, through Column N.A. Use of the Hollis & Co. platform is subject to eligibility requirements and terms of service.