Four teams contested the tournament – Barbados, Guyana, Jamaica, and Trinidad and Tobago.

[2] The Banks Trophy was played as a knock-out tournament over a single weekend, from 13 to 15 April 1973.

All matches were played at Kensington Oval, in Bridgetown, Barbados, and had a duration of 40 overs.

[1] In the tournament final, Barbados narrowly defeated Guyana, winning by only nine runs.

[3] A number of players in the Banks Trophy went on to play a key role in the West Indian team that won the inaugural World Cup in 1975.