Paydek, Paxum, Paxum bank: what's the difference?

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MikeRoss

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Jun 8, 2021
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Seems like it's the same thing. Or maybe they are targeting different geos and industries?
 
Yes. Absolutely not to be recommended. I had an account with Paxum, without any high-risk transactions etc. only from my own accounts, then they closed my account again. I've been in the banking business for a long time and know the compliance requirements. For me it was just for no reason - I don't know why.

At Paxum Bank you basically don't get an answer to inquiries. So forget about the group and open an account somewhere else.
 
I don't know for PayDeck, but I recently tried to open account at Paxum.

They have 2 branches:
- PaxumBank.com that deals with US Corporations.
- Paxum.com for personal accounts and non US Corp

Since then, i also discovered PaxumLatam.com, which features the same site. But I don't know what is their target, as Paxum.com told me they were fine with me opening an account at Paxum.com while located in Chile...

Very bad experience with them. See here more details:
https://www.offshorecorptalk.com/threads/paxum-bank-testimonials-please.24558/post-188440
 
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