Feedback on Loyal Bank in St. Vincent and the Grenadines please?

[negon]

When you bank in the caribbean you want to do that with Euro Pacific Bank!!‌

 

[myhand]

You got‍ an account there? mind to share if it is still operative?

 

[negon]

Thi user has not been active for some time!! But let's see if he get‌ back here 😉

 

[Internationaloff]

Loyal Bank in SVG is a good bank.

 

[icecold]

You would‌ vouch for them? Do you by chance know what documents they require and if they‍ need you to come to the bank and sign documents?

 

[icecold]

You think they are better than Loyal Bank or is‍ that the bank you prefer over them all?

 

[Internationaloff]

NO Personal Presence.
Personal or corporate account?

 

[Internationaloff]

Loyal Bank and EPB are on the‍ same level. I have corporate accounts in both.

 

[orangeye]

As already told here by @thegazelle they are more a saving bank then any bank‌ you want to use for day to day business banking. Forget about banking there if‍ you want something that works hazel free and is not too expensive. They charge a⁠ lot of money for simple wire transfers not to talk about the fees that you⁤ have to pay to your own bank!

 

[SandDragon]

Has anyone had recent issues with depositing USD at Loyal Bank - heard reports of‌ funds not clearing. Does anyone know if sending Euro would avoid this - ie if‍ the problem is their USD clearing bank?

 

[negon]

Usually sending EURO works when USD fails. They may have troubles with the interm. bank.‌

 

[diablo]

So old an thread, someone know if it's still possible to open an account with‌ them ? and if so, what's the requirements?

 

[SandDragon]

Know someone who opened an account about 3 months ago but have not been able‌ to transact on the account.

Requirements included notarised corp documents of offshore co, ID information‍ and documents of beneficial owner of the offshore co, business plan, Euro 1500 opening deposit.⁠

 

[goldies]

If its for saving money then no thank you (doesnt seem stable)... If its for‌ business and every in and out transaction becomes a nightmarre then i rather go ONSHORE‍ with a little tax ... Offshore banking is DEAD!!!

 

[negon]

nahhh would not agree to this. Euro Pacific and Loyal bank can work fine, it's a⁠ matter of how much money you have. Some if not most people here try to⁤ go offshore with their 5000 dollar savings and think the can get rich.

 

[icecold]

I agree Offshore banking IS NOT DEAD you may learn how to setup an account‌ and find the true banks!