Choice Bank of Belize faces liquidity problems

[Axe]

I didn t know back then, but lesson learned. NEVER SAID YOU ARE STUPID. I‌ never meant any disrespect.Just said it seems that you didnt have much injustice in your‍ life.

 

[Axe]

Morally you might be right but life isn t moral.Now you understand? I m sorry‌ again if you took it as an offence.

 

[Axe]

Just google ,, who gets paid first in a liquidation" or liquidation process or have‌ your lawyer look into the liquidation scheme in belize. There are other laws that protect‍ the employees for example.
If there isn t enough left, there isn t.
Tragic!!🙁

 

[Axe]

I m sorry but haven t met anyone yet who accepted that we re not‌ gurus in this business . It s all new to us, we can t know‍ everything.Take some money out of your pockets and pay someone that knows and it s⁠ in this business.
After that, we confrunt the information we got and get an ideea⁤ that is closer to the truth than our assumptions.
Let s argue on those facts,what⁣ you ve been told not what you think or imagine.
Let s be productive.

 

[ChoiceCentralBelize]

It s very interesting that Choice sued Central,Prime minister and Governor...
I think that is‌ not a cheap process...maybe the bank is not so "empty" after all...

 

[Axe]

If the choice s original plan was true and the liquidation stops it might be‌ good for all of us.Don t know if they are asking for the liquidation to‍ stop, i knew only damages are being asked .

 

[Axe]

I ll look tomorrow on their justice portal,maybe there is some info there about their‌ claims.

 

[ChoiceCentralBelize]

I believe they know that they won't get anything if the bank was low on‌ money and assets...
They should have a motive to do so... hope so...

 

[Axe]

Maybe because the associates and stock holders are the last ones and they know that‌ they ll get nothing?🙂)
That info isn t confirmed about the associates, i only‍ read this online, just so you know.

 

[ChoiceCentralBelize]

And if they get it back than the shareholders are...first 🙂

 

[Axe]

HAVE TO CHECK IN BELIZE BUT THIS IS WHAT I READ.

Shareholders
Shareholders are the‌ final group to be paid. Because they have taken a business risk in providing money‍ to the company, they are not entitled to a distribution until all other creditor groups⁠ have been paid.

Each class of creditor must be paid in full before the liquidator⁤ can distribute funds to the next group. It’s important to maximise the interests of creditors⁣ once you enter insolvency, otherwise you may be open to accusations of wrongful or unlawful⁢ trading.

 

[Axe]

Each class of creditor must be paid IN FULL before going to the next.....that isn‌ t good for us.

 

[Elian]

the thing is you can't contact payoneer unless you have an account there, it's like you've︁ never had an account with them.

 

[ChoiceCentralBelize]

I think that the term creditor is used for everyone that has money there!
You give your money to them, you become a creditor of the bank...

@Elian i have‌ in my FCP account messages from 2 years ago from them with the title "Payoneer‍ message"...

Payoneer is just the biggest prepaid Scam that ever existed!
This company should just⁠ be shut off!
They destroyed thousands of people lifes without giving a f**k!

My main⁤ concern is why are they clean after this?
How is this even possible in the⁣ 21th century, it's 2018 for God's sake... why noone from their company got into a⁢ jail?
How can you tell thousands of people to withdraw their funds(Payoneer standard clients) from︀ that bank but leave there your ex-clients...actually not ex-clients...just same kind of clients with same︁ platform, on the same bank just the "red" details were blue and "payoneer" name was︂ "firstchoicepay"....even the customer care assistance were the same from "both" (same) companies!

Please call now︃ on the Firstchoicepay phone no.and you will see that they will tell you "hello, welcome︄ to Payoneer...no this is Payoneer, we don't work with FirstchoicePay, that is a different company︅ and this is and was our phone no."

Payoneer go fuckyourself and take your CEOs︆ and just burn you fucking heartless, soulless pigs!

 

[Elian]

choice bank should already have all these detail, nobody will be able to find out when︁ they first opened their accounts unless they ask the bank...which doesn't exist anymore. I doubt︂ that the liquidator will give you that kind of information now, they might use this︃ as an excuse not to pay us back our money.

 

[KrsPeeva]

you guys .......didn't you read what I said. If you have account with firstchoice you‌ can log into ur account and contact support. If u ask them they will provide‍ you with the general info, account type ur holding and date since ur account has⁠ been opened .

 

[Elian]

even if i had a payoneer account⁤ before that?

 

[KrsPeeva]

yes Elian

 

[Elian]

oh ok, thank you very much. I'll try‌ to ask them and see if i get any information from them. Did they give‍ you taht information when you asked them?

 

[KrsPeeva]

Just read my post above. I asked MyFirstChoice today and got all the info I‌ need. Also,If Payoneer and Firstchoice aren't the same company (I don't know) but i think‍ that they are or used to be. At least is clear that both companies partner⁠ with Choice Bank . Few years ago Payoneer transferred most of their previous clients and⁤ encouraged them to use firstchoicepay instead of payoneer . Both companies have the same info⁣ about their clients and if you signed first with payoneer and after that they transferred⁢ you to myfitstchoice then is 100% sure that firstchoicepay can answer to your general questions︀ . So feel free to ask them and don't miss out on getting all the︁ help u can because they will shut down their phone lines, costumer service and website︂ Oct 1st.