SataBank Closed
- Thread starter nitehawk
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How does this fit in with the thread title and the rest of the discussions here? please stick to topic or I will have to delete posts which is an annoying task︀ ca#"!
As you have to wade through lots of posts you probably missed that I was directly asked what I use instead of the Satabank. And how my answer is directly connected to the fact SataBank is closed right now:
For Maltese businesses there are not many options, and I listed TW and Revolut as "read to use and actually tested by myself" alternatives. The other Maltese Banks currently︀ do not accept, or make it very painful to open accounts. So listing alternatives outside︁ Malta that I tested by myself is a valid contribution to this thread.
For Maltese businesses there are not many options, and I listed TW and Revolut as "read to use and actually tested by myself" alternatives. The other Maltese Banks currently︀ do not accept, or make it very painful to open accounts. So listing alternatives outside︁ Malta that I tested by myself is a valid contribution to this thread.
Sorry to say so,︀ NO it is not valid! Next time I will give warning points and delete posts!︁ You can open a new thread and post about what you want to post there︂ as long as it has relevance to the thread title and the topic itself, but︃ not here.
They are talking about it in parliament. But that's a well-known place where lots of useless talks are made. 🙁
Satabank account holders being contacted for controlled release of funds
They say all private account holders with balance between 50$ and 15000€ had been contacted. Which is not true, I received nothing, no email, phone-call, ...
Madness.
They say all private account holders with balance between 50$ and 15000€ had been contacted. Which is not true, I received nothing, no email, phone-call, ...
Madness.
Leopay mail of today, made me laugh
We would like to inform you that after many attempts to find a solution with Satabank PLC (“Satabank”), on the 6th of December 2018 iCard AD filed an official complaint against Satabank in the Maltese Financial Services Authority (“MFSA”) regarding the blocked inbound SEPA transfers, such as your transfer. In your case, Satabank, not iCard AD, is in breach of the European rules on SEPA transfers and Satabank is in breach as a result from the acts of the competent authorities in Malta towards Satabank.
If we do not receive an official reply from the MFSA on our︀ complaint we shall file a new complaint in the European Central Bank and the European︁ Banking Authority and other European authorities.
It came to our knowledge that Satabank started the︂ processing of requests for return of the blocked inbound SEPA transfers for their own customers.︃ Satabank have to do so also for our customers and all customers of other financial︄ institutions, which they serviced.
Restoring the functionality to our customers to again execute SEPA transfers︅ is not related to the situation with Satabank. We restored the SEPA transfers via another︆ payment service provider, from a “A” rated EU country, not Malta.
We apologize for your︇ inconvenience and would like to assure that we are doing all possible for the return︈ of the blocked SEPA transfers to the original payers or the crediting of these transfers︉ to our account, so that we can issue e-money to our customers.
We would like to inform you that after many attempts to find a solution with Satabank PLC (“Satabank”), on the 6th of December 2018 iCard AD filed an official complaint against Satabank in the Maltese Financial Services Authority (“MFSA”) regarding the blocked inbound SEPA transfers, such as your transfer. In your case, Satabank, not iCard AD, is in breach of the European rules on SEPA transfers and Satabank is in breach as a result from the acts of the competent authorities in Malta towards Satabank.
If we do not receive an official reply from the MFSA on our︀ complaint we shall file a new complaint in the European Central Bank and the European︁ Banking Authority and other European authorities.
It came to our knowledge that Satabank started the︂ processing of requests for return of the blocked inbound SEPA transfers for their own customers.︃ Satabank have to do so also for our customers and all customers of other financial︄ institutions, which they serviced.
Restoring the functionality to our customers to again execute SEPA transfers︅ is not related to the situation with Satabank. We restored the SEPA transfers via another︆ payment service provider, from a “A” rated EU country, not Malta.
We apologize for your︇ inconvenience and would like to assure that we are doing all possible for the return︈ of the blocked SEPA transfers to the original payers or the crediting of these transfers︉ to our account, so that we can issue e-money to our customers.
Well its exactly as a described below 😉.
SataBank Closed
The joke with icard is that although satabank ownership is no longer with the Bulgarian mafia dude who owns icard it was owned by him just prior to this....lol. It's a bit like selling someone your car that is broken down and then calling the police on them when they refuse to move it from your driveway ns2. It is totally unfair of them to disown any responsibility for satabank when they created the mess in the first place 😀.
SataBank Closed
The joke with icard is that although satabank ownership is no longer with the Bulgarian mafia dude who owns icard it was owned by him just prior to this....lol. It's a bit like selling someone your car that is broken down and then calling the police on them when they refuse to move it from your driveway ns2. It is totally unfair of them to disown any responsibility for satabank when they created the mess in the first place 😀.
@Bmw850 Just to clarify again, are you waiting for passive funds held on Leopay account or funds that really were inflight via Satabank due to unlucky timing of your inbound/outbound SEPA transfer?
Again, passively held funds on Leopay have nothing to do with Satabank. Their storage bank changed (in April already?). This use of language suggests a fraudulent attempt at socializing the losses of Satabank to other accounts in their crooked group of companies.
Again, passively held funds on Leopay have nothing to do with Satabank. Their storage bank changed (in April already?). This use of language suggests a fraudulent attempt at socializing the losses of Satabank to other accounts in their crooked group of companies.
Bulgaria and Malta are just dumpsters for those guys. Next they will probably move around in between Baltics and Balkans as long as possible, and once they really have nowhere to go, they will come up with a new brand FluffyTigerPay and start all over again.
Perhaps complain to UK authority? That's where they have some concerns about keeping a clean face.
Perhaps complain to UK authority? That's where they have some concerns about keeping a clean face.
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