DSBC bank Emi

[Marco123]

good morning, I applied and I am opening an account with the DSBC bank. does anyone know her? do you know if it is trustworthy or scam? I don't want money stuck or transaction problems

 

[Sols]

DSBC is neither a bank nor an EMI (E-Money Institution). They are a PI (Payment‌ Institution) which resells and aggregates solutions from a wide range of banks.

They are closely‍ affiliated with OneIBC. Owned by the same company (BIN Corporation Group).

Can't comment on their⁠ quality. I have so far never had a reason to work with them.

 

[Marco123]

[No content provided]

 

[Tehnicus1988]

https://www.trustpilot.com/review/www.dsbcf.com

 

[blizz]

Maybe they are rated poor but still they are a bank and may not be‌ more or less secure to safe your six figures amount.

 

[Sols]

DSBC is not a bank.

 

[Marco123]

i read the reviews, but on trustpilot they write about everything. Meanwhile, I care that⁠ they are not scams

 

[AdamT1]

It is official DSBC is being sancioned by regulator for exceeding their PI license and⁠ pretending to be EMI (..or a bank)

https://www.lb.lt/lt/naujienos/lietuvos-banko-finansu-rinkos-prieziuros-komiteto-sprendimai-3

 

[romalo]

I contacted them and asked them.
their reply:

m not sure where you got the‌ information. But I can surely confirm that we're still a PI and this information is‍ informed on our website with the license. You can check it in this link: https://www.dnbcf.com/about-us/license

 

[lory]

thank you for the information. Are you a rep. of⁤ this payment institution? if so, welcome, nice to have you around.

 

[Sols]

Being sanctioned isn't the same as license being revoked. They likely need to upgrade their‌ license to an EMI license or make changes to how they operate to remain a‍ PI.

 

[romalo]

I'm afraid I'm not‍ welcome because I'm not of this payment institution.😉

We were searching for a EU bank⁠ to support my Panama IT company, I ran into this topic and posted their reply..⁤
I don't feel comfortable putting a million euro with them.

But not many banks accept⁣ Panama these days. Contacted Gediminas yesterday but no reply.

 

[catpower]

Hello, I had terrible experience⁠ with them, so bad that I prefered to close the account and pay a "⁤ penalty " of 1000 eur than keep going with them.
They are not real scammers,⁣ just a group of Chinese people sucking from you as much money they can.
Just to open the account you have to deposit 3000 euros! fees are outrageously high, to⁢ get part of your money back you get mad..I suggest to stay far from them.︀