Ital Bank, new PR bank?

[bigladsmith]

Hi everyone

I've stumbled across a new bank (to me) and wondered if anyone here had any experience of this bank.

https://www.italbank.com/en/
It's located in Puerto Rico so maybe an option for some.... I cant see from there website if they do remote account opening.

 

[JohnLocke]

This information ItalBank.com WHOIS, DNS, & Domain Info - DomainTools is disturbing me. I'm not‌ aware of if that is how they operate in Italy but something is not looking‍ good.

Beside that, all the banks in Italy have huge economical problems the entire country⁠ has problems so I would not bank there even if they opened bank accounts for⁤ the adult industry.

 

[rey skywalker]

italbanc is a huge bank in venezuela part of italcambio, they are very serious group,‌ the owner is italian that s why is name italbanc

 

[exprtadvisrdev]

Italbank is a small bank in PR, they have been working for a long time‌ and they stopped working with Venezuela’s government because they didn’t want to be tied with‍ money laundering but I don’t if they are now working with them again.

I don’t⁠ know how serious are they but believe me, you don’t want to have money in⁤ a bank tied with that government because your money will be in risk at some⁣ point, an example of this is what happened with the BOD group at the end⁢ of last year with Banco Del Orinoco and Allbank, both tied to the Venezuelan group︀ and both were closed at the end of the year by both countries’ governments (I︁ had money there).

I’m not saying that italbank is a bad bank (maybe I’ll give︂ a try at some moment), I’m just saying be aware of banks tied with Venezuela’s︃ government

 

[JohnLocke]

You may be so right saying so, I agree 😉

 

[jakonda]

Italbank ... looks like Maduro's Bankers but as the guys before me already mentioned they‌ are indeed big players in Venezuela and it looks like Italbank is just an offshore‍ bank of Italcambio financial group (if we assume nobody stole identity of real Italcambio owners).⁠ BTW there are plenty of articles on the internet about italcambio & italbank guys and⁤ their operations across the globe 🙂). I am not sure if it is safe to⁣ have deposit with them taking in consideration current geopol. situation in Venezuela, etc. What I⁢ cannot understand is that they have such a sh*t looking website at least they could︀ throw some money for a nice legit look - nowadys nobody is trying to look︁ sharp & professional anymore

 

[exprtadvisrdev]

THIS hahaha, I always look how well made is the site when searching for an⁠ offshore bank but I can't understand how lot of banks just have shitty websites. Maybe⁤ is because I'm a web developer but every time a see a poor website I⁣ lost almost all the confidence I could have in the business.

 

[rey skywalker]

ital bank is not connected to venazuela government, they mainly serve venezuala clients , you‌ cannot open an account if you are not intrduced by someone who have contacts inside,‍ and is not a bank for small players , expepsct deposit 1 m at least⁠

 

[jakonda]

Alright, maybe you have some insider type of info or maybe even worked for/with them‌ but according to my info they were working with Venezuelan govt. on int. trade deals‍ and the bank's owners are quite "interesting" guys. From their site "Individuals minimum amount: USD$⁠ 1.000/ € 1.000 . Legal Entities minimum amount: USD$ 2.500 / € 2.500." - deposit.⁤ I don't know...let's people make their own decision/conclusions.

 

[clemens]

Why would you say that this bank is a good bank and worth to be‌ discussed here in that way?

What I mean is that they look pretty stable and‍ it may not be a negative thing that they work (or not) with the Venezuelan⁠ governement!

 

[jakonda]

It is not about "good/bad thing" working with the Venezuelan govt. but about the risk‌ of using Ital Bank as your personal or business bank. I'll repeat myself - if‍ you follow current "Geopolitical" trends, US and EU stance towards presidente de Venezuela Maduro then⁠ using Ital Bank might be on a risky side (IMO). I cannot asses or comment⁤ their services because I have never used for them my personal or business related transactions.⁣ I hope this is clear now.