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Trading

List Of Investment Banks In Cocos (Keeling) Islands

Published by Gbaf News

Posted on October 30, 2012

1 min read

· Last updated: June 11, 2018

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Banking Digital banking
Australia and New Zealand Banking Group Limited
Bank of the Cook Islands
Monetary Authority of the Cook Islands
PT Bank Danamon Indonesia Tbk
PT Bank Mandiri (Persero)
PT Lippo Bank Tbk
PT Pan Indonesia Bank
The Wall Street Banking Corp Ltd
Westpac Banking Corporation

Key Takeaways

  • Cocos (Keeling) Islands, an Australian external territory, has only very basic banking services via a local Commonwealth Bank agency on West Island.
  • No evidence supports the presence of multiple investment banks such as ANZ, Mandiri, Lippo Bank, or Wall Street Banking operating there.
  • Residents rely predominantly on Australian banks and limited ATM facilities.
  • Opening international bank accounts from Cocos Islands may require significant initial outlay and professional guidance.

References

Frequently Asked Questions

Are there multiple investment banks operating in Cocos (Keeling) Islands?
No, available sources confirm only a basic Commonwealth Bank agency exists; there's no evidence for ANZ, Bank Mandiri, Westpac, or others operating there.
Where is banking available on the islands?
Basic banking facilities are available twice weekly at a local Commonwealth Bank agency on West Island.
Can foreign bank accounts be opened from the Cocos Islands?
Yes, but account opening usually requires initial financial outlay and professional assistance due to legal and banking complexities.

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