Breder Suasso

[Montecristo]

Any review about this company? Anyone try this before?

 

[bonzo]

There is also a thread here Want to know more about bredersuasso.com someone knows? not giving any real review about them but some other good information. I will defiantly go‌ and try them any time soon next month.

 

[myhand]

They are simple to signup with, just did it. However I need to get some‌ approval to get started and docs. verified... waiting 🙂

 

[happyjohn]

Seems they⁠ are a bank worth to start opening an account with.. I don't know how easy⁤ it is so it may be worth to explore my options.

 

[Montecristo]

The problem is, seems to me this is not a licensed bank.⁠

 

[drillbill]

That's a problem so our money has no insurance which means if they are gone‌ our money is too and no one do blaim!

 

[happyjohn]

Yes true.. but they have a Financial service license it seems. I know‌ for just 4 years ago it was not a problem to get such license in‍ New Zealand so maybe it is a operation that survived the past entity cleaning from⁠ the government there!

 

[Montecristo]

Google about this and did a bit of read up.

New Zealand’s FMA, the Breder‌ Suasso Conundrum, Mossack Fonseca, and #panamapapers | naked capitalism

How true is this news? Or‍ everyone of us will have a fair share of negative news? Should we just ignore⁠ it?

 

[negon]

Seems you are right:

 

[negon]

I would not ignore that but rather open an⁤ account and carefully only transfer small amounts the next year or two so we will⁣ see if they are in for long- or short term business!

 

[bonzo]

Sounds scary, thanks for the warning!!

 

[Montecristo]

I like to have a bank account that has minimal KYC but not no KYC.‌ I like to put my money into a licensed bank. I do not want to‍ fly all the way to New Zealand and sit outside the "bank" and wait for⁠ it to return me my money. Because it will never happen. Agree??

 

[JohnLocke]

NZ is not the worst place to sta for vacation I think 😀 - I agree with you but what options do you think we have to validate this⁠ operation in NZ? I consider to contact the financial markets authority to get help to⁤ who we can contact there to validate Breder Suasso Who needs a licence? | FMA⁣

 

[Montecristo]

Hi Admin,

Please write in, I believe this is something that none⁤ of us can afford to risk.

 

[negon]

Seems only possible way to find out if this is a legit operation is to‌ contact the authorities over there.. If you are going to do so I hope you‍ will post back here @Admin 🙂

 

[Lori Kleinman]

They are easy to open account with you think? I will try not much money‌ I have to put into this bank. For me it is not scary to get‍ money in there if they take it.

 

[negon]

At the⁠ end of the day the documents they request are almost the same as any regulated⁤ bank requires. This let me consider this not to be of interest. Why would I⁣ go through all the mess providing all these documents to some organisation unregulated and without⁢ insurance!!

If they at any point decide to close the company or just to disappear︀ you are fucked and the money is gone.

 

[hungryit]

Can somone that opens an account there please post how it Works?

 

[suzy]

I'm still in the setup process.. have been there for 1 week 🙁

 

[Montecristo]

Let's see how real is this.