Paxum Bank might just be over

[Mssquirrel]

I can but why would I? I don’t need‍ it so never tried tbh

 

[Coffeat]

hi ! how do u think - paxum will share CRS? they had⁢ sent self certification form to users recently.......

 

[SCHLOSSFINANZ]

of course Paxum is legally obliged to do CRS reportings. Dominica is signatory country to‌ CRS.

 

[drphantom]

This thread is kind of confusing. It starts off by saying Paxum Bank has disappeared‌ and been taken over by some clown who’s apparently lending money to both Trump Media‍ and Andrew Tate.

Then a few posts later, people are asking how Paxum actually works,⁠ and when I Google them, they seem to be operating just fine.

What am I⁤ missing here? Apologies in advance if I’m just being dumb.

working website - https://www.paxumbank.com/

 

[lmd995]

Also interested. Considering to open an account with them. Thanks in⁣ advance.

 

[Coffeat]

hey maybe u know info if paxum strictly following CRS? or no ?‌

 

[Martin Everson]

Elaborate what you mean by that? All banks follow strictly the guidelines‍ of CRS as provided by their regulators. Even UAE banks had to follow exactly the⁠ guidelines and banks that did not were fined.

https://www.khaleejtimes.com/uae/uae-central-bank-financial-sanctions-banks-insurance-companies

 

[lmd995]

Hi Sir

Can this bank be trusted currently ?

Thanks

 

[Martin Everson]

No idea sadly.

 

[cuno]

You never can trust any bank, but you may follow what have been discussed on‍ OCT many times, have as many accounts as possible and split your money.