More or less.
Good to hear that they didn't buy an emails database.
Exactly....that bank is actually acting as one of the correspondent banks of a venezuelan state owned bank called "Banco del Tesoro" and they even have a representative office in Caracas. Lol they even received a "merry Christmas tweet" from Banco del Tesoro saying something like "merry Christmas to all our correspondent banks"
most of the carribean banks are nothing without their correspondent banks, one of the people who worked with citi and SC told me that big players treat these so called "banks" as private funds of some sorts. and it makes sense.
Damn, How did you got to know them? was it via introducer? or did you just try your luck? what was your line of business?
Yeah, that's a hard pass from me. nothing against Venezuelans (or cubans or anyone really) but it doesn't makes sense to mix my self with the type of clientle that this banks is trying to serve. People who are avoiding Sanctions? too much for my risk apetite
That's what caught my attention at first, I thought that at the very least, there are vetting process that these clubs have to do before accepting any sponsors, So, the bank has to be somewhat legit. But I guess I was wrong.
