Banks 5 Island rum is named first for explorer Sir Joseph Banks and secondly for the five islands that are the source of this blended rum: Trinidad, Jamaica, Guyana, Java, and—the fifth island—Barbados. (A notional sixth island might be New York where the company is located.) The rums are aged between 3 and 12 years before undergoing a filtration (hence the clear color) and bottling.
Normally, we associate a country of origin for rums but given that this is a blend of several rums we have taken the same approach we do with blended scotches and listed the bottler, which makes this admittedly Caribbean rum show as a New York product.
According to the March 2012 edition of Got Rum magazine, the rum "opens up slightly warm, but pleasantly." Interestingly, the rum is said to have notes of guava and oak.
In a very favorable review from the 2012 Wine Enthusiast, they suggested it for a "dynamite daiquiri."