Paydek, Paxum, Paxum bank: what's the difference?

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MikeRoss

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Jun 8, 2021
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Seems like it's the same thing. Or maybe they are targeting different geos and industries?
 
Thank you.

As I suspect, they all have bad reviews and unhappy or even‍ angry customers ((
 
Yes. Absolutely not to be recommended. I had an account with Paxum, without any high-risk‌ transactions etc. only from my own accounts, then they closed my account again. I've been‍ in the banking business for a long time and know the compliance requirements. For me⁠ it was just for no reason - I don't know why.

At Paxum Bank you⁤ basically don't get an answer to inquiries. So forget about the group and open an⁣ account somewhere else.
 
I don't know for PayDeck, but I recently tried to open account at Paxum.

They have 2 branches:
- PaxumBank.com that deals with US Corporations.
- Paxum.com for personal accounts‌ and non US Corp

Since then, i also discovered PaxumLatam.com, which features the same site.‍ But I don't know what is their target, as Paxum.com told me they were fine⁠ with me opening an account at Paxum.com while located in Chile...

Very bad experience with⁤ them. See here more details:
https://www.offshorecorptalk.com/threads/paxum-bank-testimonials-please.24558/post-188440
 
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