Is Euro Deniz IBU Bank legit?

[Stefano3323]

Hello guys,

I got contacted by Euro Deniz IBU bank to offer their services to‌ our clients. I tried to look for some info online and from their website (‍Home) it doesn't seems to good.

Now, I don't want to be the person⁠ who point the finger just because a website is not very good, so I decided⁤ to ask for help here.

Does anybody ever used them? Are they legit?

Whatever info⁣ you have about them I'm sure it will help as I believe they will start⁢ contacting many people online.

 

[Sols]

Euro Deniz International Banking Unit is a bank in TRNC (Turkish Republic of Northern Cyprus),‌ which is an unrecognised state formed after Turkey invaded Cyprus in 1974. Since Turkey is‍ the only country to recognise TRNC, it is practically impossible for TRNC to function as⁠ anything other than a Turkish puppet state. Banks there all piggyback on Turkish banks.

The TRNC Central Bank has a register of licensed offshore/IBU banks here: Uluslararası Bankacılık Birimleri |⁤ KKTC Merkez Bankası

However, the URL you have provided does not seem to be operated⁣ by Euro Deniz IBU. It looks like someone saw that Euro Deniz IBU doesn't have⁢ a website and registered the domain to run an unauthorised website. Deniz Bank probably offers︀ its TRNC services through its regular website.

Also, unless you are very wealthy or the︁ CFO of a large corporation, banks practically never contact you first. It is a huge︂ red flag when a bank reaches out directly to someone other than that.

 

[Stefano3323]

Yeah, thought something was not right. Thank you for the help. I︅ guess it can be of help for anybody receiving those type of information with that︆ specific URL.

 

[Spinat]

Thank you for letting us know. First I thought this was a way of hidden‌ advertising but now I see your point and the thread to be valid, thanks 🙂

 

[kuvalda204]

Same thing, we've got their email︀ few days ago. There's no trace/reviewe/feedback about this bank. It's not on the list of︁ licensed or liquidated banks of TRNC. There's no legal info on the website, no team.︂ The website is registered 2 months ago. A company with the same name was registered︃ in the UK 1 month ago. All names/profiles in email/Linkedin are fakes. Call center number︄ from their website is a cellphone. And so on..

 

[kuvalda204]

This is a picture from their FB group

And this is the real picture

Any more questions? )⁤

 

[Stefano3323]

LOL I guess we can consider this a quite cheap scam. Thanks for the info!

 

[rey skywalker]

what is problem in trnc banks? they seems to work ? the corespondent is throuh‌ turkey?

trnc is not reconised can it be a problem ? i was there s‍ this summer for 1 day the seems not so different s from south exept is⁠ 50% cheaper may be banking service are also cheaper

 

[Daniel1511]

Have you ever heard of Fortress Bank? Can you open an acc online?

Are all‌ the bank in northern CY offer that kind of services ?

 

[JohnLocke]

So you are an account holder in this bank or did you only visit them⁣ but didn't setup an account with them?

 

[OTR365]

It is not scamming, it is about "creating a corporate‍ image" smi(&%

Judging Denizbank and Fortressbank by the buildings they are located in, both look like⁠ small family enterprises where the owner lives in the same building, and has his garage⁤ there too. Fortressbank looks slightly more professional than Deniz, but we're at the bottom of⁣ the barrel here.

Still, some people with special needs might benefit from their services. The⁢ main benefit is being located in a country that can't sign any international treaties even︀ if they wanted to.

 

[rey skywalker]

if trnc is not reconised that means there is no exchange of information am i‌ right?

 

[rey skywalker]

by the way eurodeniz is own by deniz bank , tha is own by emirates‌ nbd , they are huge , may be the branch in cyprus is small .‍

once 20 year ago i was in abn branch in Lugano , it was in⁠ a small apparment, they explain all operation was done in zurich head office may be⁤ is same model

 

[rey skywalker]

Sorry bank was Abn Amro from holland one of the biggest in world

 

[Marek Czechowicz]

What about Mondial Private Bank? Is it similar to what you︀ describe?

 

[JohnLocke]

We have closed this thread for further comments.

On the demand of Euro Deniz IBU‌ who claim all reviews after the last post above, where false and accusations, we decided‍ to clean the thread and leave the rest up to the readers.

In that way⁠ we comply to English laws as Euro Deniz IBU reffer to, even our forum is⁤ not under UK laws.

It is a fair thread which only provides information about what⁣ the users have found on the web around you and which are otherwise the users'⁢ personal experiences. The rest have been removed.

This is what we can agree to, we︀ uphold freedom of speech in a free world and will challenge every claim that the︁ thread after editing is made up, claims, or false statements. But is solely based on︂ information that is freely available on the web.