Euro pacific bank - reliable, safe or no

[Reboot]

Novo Banco is⁣ a joke 🙂

 

[Reboot]

That is true, but it really depends on how much you earn.

 

[Martin Everson]

Exactly.

Euro Pacific Bank based‌ in an Bankrupt banana republic called Puerto Rico opens correspondence bank accounts with an absolute‍ complete and utter junk bank - Novo Banco based in Portugal.

You cant make this⁠ up if you tried. Look at Novo Banco's credit rating below. It is close to⁤ default rating. i.e Moodys Caa1 rated as Substantial risk. I wouldn't touch that bank with⁣ a barge pole.

https://www.novobanco.pt/site/cms.aspx?labelid=NB_RATING_UK

 

[Martin Everson]

Listen to what Untangle wrote.

 

[Edge]

Couldn't have said it better ...

These are‍ the people who are making it tough for everybody around the world to do business⁠ ...

 

[Marie Manila]

Could anybody find their office at Kingstown, St. Vincent?
I tried to reach them, but‌ I could not find them.
I was here: Google Maps

I know, the bank itself‍ moved to Puerto Rico, but according to their website Euro Pacific Funds SCC Ltd. and⁠ also Euro Pacific Advisors Ltd. are still located in Kingstown.

By the way, I also⁤ was at Loyal Bank. It really looked like a private apartment house. Incredible that⁣ this "small" bank is involved in such a big money laundry.

 

[Sols]

If I'm not mistaken, Loyal Bank had most⁠ of their operations in Hungary and Ukraine. They probably just had the absolute bare minimum⁤ physically in SVG.

 

[Martin Everson]

Did you try looking for a sign on the⁠ side of Fred's Budget Tyre Repair shop in Kingstown? They probably rent a square meter⁤ of space beside the car jacks. smi(&%