Global Bank of Commerce Limited (Antigua) insolvent?

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Never heard of this bank. One look at their wire instructions shows they all changed beginning of the year. I don't think anyone here would use such a bank but then people sued Euro Pacific Bank so who kows 🙁.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
They were one of the most popular banks in Antigua for a while. Practically every corporate service provider worked with them. IIRC, they were a decent option among their peers. Times have been hard for these types of banks, though.

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This is the probably the answer to your question.
 
Their corresponding banking relationships (the lack of!) killed their business. This has been going on for years. Funds where stuck in GBC for 2 to 3 years now with VERY limited options to move any in or out..
 
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