Choice Bank of Belize faces liquidity problems

[Bogdan9000]

thank you flo . good luck . lets hope we get 40-50 % back

 

[jefe12345]

has any deposit holders recieved their cash back yet?

 

[Rod]

Not yet. Still waiting for it

 

[Bogdan9000]

I have FCP card but seems like i will be paid later and the %‌ will be different . i don t expect over 50 % .
After you send‍ WTi and docuemnts the liquidator sent a confirmation email ?

 

[Roby]

hello! i don't receive any confirmation e-mail

 

[Axe]

Hey people. Who s a direct customer at choice? Any of you got any money‌ back these days? So we ( the fcp customers) know when they are done with‍ you . Hope the liqyidator is moving forward with us also.

 

[Bogdan9000]

Axe, you know they are very slow . probably in 1 month minimum will start‌ pay us FCP customers .

 

[Roby]

Hello everyone, i think we will not receive any answer from them because they will‌ don't send any payment to us :"This partial payment will be made to former employees,‍ depositors, prepaid cardholders and Card Partners. Payment will not include depositors under the FirstChoice Pay⁠ (FCP) Program. "

 

[TurnedToRobot]

So no one will ever get a dime from this operation, damn.

 

[Bogdan9000]

they said fcp card holders will be paid at NEXT payment . don t worry‌

 

[AmenChoice]

Have faith. It is a difficult and thankless job being a liquidator. If Belize Central‌ Bank does not protect depositors, then that is the nail in the coffin of their‍ banking industry and maybe more. Imagine if they lose more intermediary US banks and can’t⁠ settle international trading ... or worse... not able to settle credit cards.

 

[Rod]

I have received the first transfer from choice Bank. I was a direct depositor. Good‌ luck.

 

[John L]

They posted this on their website:

NOTICE
Submission of Wire Transfer Information Form & Supporting‌ Documents
Choice Bank Limited
Please review the information which you have sent to us and‍ ensure that it is complete; we have received several wire instructions with incomplete information or⁠ incomplete supporting documents.If yourinformation is incomplete, your payment cannotbe processed. We will not respond individually.⁤ Therefore, please resend only as necessary.If you have already sent complete information, please disregard this⁣ notice. The Liquidation Team

 

[Elian]

it sounds like they're trying to f**k people over by not saying what wire transfer‌ information is missing. They should notice the people who have sent incomplete information and what‍ that missing information is.

 

[Elian]

sorry, i meant "notify" not "notice"⁠

 

[camelush]

Hei ,
How the hell they want we complete all without they helping us?!? Im‌ pretty sure most of the ppl didn't complete first part,beacuse we don't have any ideea‍ about account number and adress,beacuse we had that card from Fcp and no other details.⁠

 

[camelush]

Someone can tell us what they did wrote at first part?

 

[daxbr]

Check and resend by registered mail.

 

[camelush]

I got that with resend! I just asked what you guys wrote at first part,where‌ they ask details about account number,adress,city! I wrote just card number and they want all‍ details! I mention im a FCP card user.
Please, someone can tell me and take⁠ that in serious!?

 

[Flo]

I didn’t complete the account number either, just the card number, you think just that‌ will prevent them of not sending the money? maybe they were referring to clients which‍ didn’t send the complete papers as passport, id or bill evidences..