Prominence Bank Comoro Island
- Thread starter Sir Gelato
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Well, I consider myself informed enough about that "jurisdiction".
It is technically possible to get set of shady banking license bundle from variety of offshore services providers, however, you'd never be sure whether anything was lodged at Anjouan rebel's so called regulatory authority, as there are at least 3 sites posing as being ran by such authority with different lists of banking charters.
Next, as it was already mentioned in this topic, you should note that Anjouan is a︀ separatist region within the union of Comoros. Central Bank of Comoros doesn't recognise "licenses" issued︁ by whatever Anjouan authority.
Therefore, it is not possible to get live SWIFT connection, as︂ SWIFT would refer to the list of valid banking charters published by the Central Bank︃ of Comoros. Most "banks" there only have corporate SWIFT code which is not live and︄ can be obtained through SWIFT partners, some of which are happy to assist any scam︅ (maybe someone here remember Gambian banks?) to get one, as it doesn't allow any sort︆ of real financial messaging.
Summing up, stay away from anything related to Comoros banking.
It is technically possible to get set of shady banking license bundle from variety of offshore services providers, however, you'd never be sure whether anything was lodged at Anjouan rebel's so called regulatory authority, as there are at least 3 sites posing as being ran by such authority with different lists of banking charters.
Next, as it was already mentioned in this topic, you should note that Anjouan is a︀ separatist region within the union of Comoros. Central Bank of Comoros doesn't recognise "licenses" issued︁ by whatever Anjouan authority.
Therefore, it is not possible to get live SWIFT connection, as︂ SWIFT would refer to the list of valid banking charters published by the Central Bank︃ of Comoros. Most "banks" there only have corporate SWIFT code which is not live and︄ can be obtained through SWIFT partners, some of which are happy to assist any scam︅ (maybe someone here remember Gambian banks?) to get one, as it doesn't allow any sort︆ of real financial messaging.
Summing up, stay away from anything related to Comoros banking.
Thanks for the prompt reply! I've talked︆ to Moheli Corp. Service and they confirmed that SWIFT won't integrate any bank there at︇ the moment. How do they work at all? Paying some third-party bank to accept/transfer payments︈ on behalf of them?
What about alternatives to SWIFT? China is working on one, maybe︉ there are other options available as well.
What about alternatives to SWIFT? China is working on one, maybe︉ there are other options available as well.
I can't speak for any specific bank but that's exactly how it works. If you can't get access to SWIFT, you need to find someone who's willing to offer correspondence (nostro/vostro account) services to you outside of SWIFT. This third-party doesn't have to be a bank. It can be an e-money institution, payment institution, or other non-bank financial service︀ provider which in turn relies on a bank.
Alternatives are useless until banks actually start using it. Domestic messaging services already exist︃ separate from SWIFT but it gets tricky when you want to cross borders.
Alternatives are useless until banks actually start using it. Domestic messaging services already exist︃ separate from SWIFT but it gets tricky when you want to cross borders.
Exactly, a particular bank should agree︀ to use this alternative and have some software to support it. Regarding to SWIFT, it's︁ a messaging protocol to assist banks with international payments routing, not actual mean to transfer︂ money?
What is the best source to better understand how SWIFT messaging system work in︃ details? How money actually being transfer once a sender got an instruction that contains a︄ chain of intermediate banks which lead him to the recipient? I'd better read it somewhere︅ and leave my findings here, don't want to waste time of the forum's members with︆ my naive questions, also don't want to post off-topic in this thread as well.
What is the best source to better understand how SWIFT messaging system work in︃ details? How money actually being transfer once a sender got an instruction that contains a︄ chain of intermediate banks which lead him to the recipient? I'd better read it somewhere︅ and leave my findings here, don't want to waste time of the forum's members with︆ my naive questions, also don't want to post off-topic in this thread as well.
Before I spend 25k on opening an account, I fly there for 2-3k to check the bank on site.
That being said, a Comoros bank can be set up for little investment.
That being said, a Comoros bank can be set up for little investment.
hi i had account in credit foncier nothing much 10k but i could not complain, but 25 k for account opening is crazy
do you say it is not worse to use a service provider in the payment industry if they are located there, all scam?
I hope this question will be negative and no one has paid so much money doh948""
I hope this question will be negative and no one has paid so much money doh948""
I'd make a distinction between useless and scam.
A scam is a criminal activity, which either delivers no services or only delivers them for a little bit before running away with your money.
Useless means it is for all intents and purposes not possible to actually operate an effective, meaningful business due to restrictions imposed by others (such as blacklisting a jurisdiction).
A scam is a criminal activity, which either delivers no services or only delivers them for a little bit before running away with your money.
Useless means it is for all intents and purposes not possible to actually operate an effective, meaningful business due to restrictions imposed by others (such as blacklisting a jurisdiction).
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