HRS §412:5-206
Setting up an international banking facility
Read the official text at capitol.hawaii.gov ↗A bank can open an international banking facility in Hawaii without asking the commissioner first. It must tell the commissioner at least 14 days before opening by sending a copy of the statement required by federal rules. It must also send copies of quarterly reports required by those rules.
The statute, as written — International banking facilities
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
A bank may without prior approval of the commissioner establish an international banking facility anywhere in this State. An international banking facility is a set of international banking accounts under Regulation D of the Federal Reserve Board (12 C.F.R. Part 204). At least fourteen days prior to the establishment of an international banking facility any bank intending to do so shall furnish the commissioner with a copy of the statement of intention required under Regulation D. Every bank maintaining an international banking facility shall furnish the commissioner with a copy of each quarterly report required under Regulation D.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.