Banks in Saint Vincent and the Grenadines

[james David]

Dear All,
We are looking for banks in Saint Vincent and Grenadines

Thank you

 

[Internationaloff]

B2B Bank Limited
Loyal Bank Limited

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[MrTony]

Do you think at the moment Loyal is a nice option?
I read they have some problems.
B2B Bank - now Investex Bank Limited

Also, I heard about European Commerce Bank, but don't know any about their terms, conditions or fees.

 

[Internationaloff]

MrTony said:
Do you think at the moment Loyal is a nice option?
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I answered the question. ange¤%&
I recommend waiting to open a new account.

MrTony said:
I read they have some problems.
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http://svgfsa.com/pdf/Press Release Loyal Bank Limited 5 March 2018.pdf
Loyal Banks has a problem with Mastercard (Classic and Platinum), but wire transfers (incoming and outgoing) are more or less regular.

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[MrTony]

I must admit, that since of beginning of the investigation, they have changed their site. I may be wrong, but it seems to they do not accept new clients.

 

[Martin Everson]

MrTony said:
I must admit, that since of beginning of the investigation, they have changed their site. I may be wrong, but it seems to they do not accept new clients.
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Bank is dead...lol. Difficult to accept new clients when the banks CEO is under serious investigation by U.S. Surprised bank has not wound down operations months ago.

Loyalbank | Customer Service

-----Notice ---------

Dear Client,

We regret to inform you that due to some recent unexpected changes in our correspondent bank structure, Loyal Bank will not process new outgoing, incoming and in-house wires effective from the 28th of July, 2018, until further notice. Any wire transfer requests and incoming wires before this date will be processed provided that it is technically feasible.

We would like to ask you not to submit any transfer requests in our NetBank and not to send funds to your Loyal Bank account until further advised. Please note that any wire request will be automatically canceled internally and transfers sent to Loyal Bank will be returned.

The deposited balances will remain unchanged (and can always be checked in the Netbank) and the monthly maintenance fees and charges will not be collected effective August, 2018 until further notice.

We will continue to provide updates as information becomes available to us.

Thank you very much for your patience and understanding.


Best Regards,

LOYAL BANK LIMITED

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[MrTony]

So, as I understand, there is left no banks at SVG, which provide offshorebanking. I have some doubts about this Investex Bank (Ex B2B).