Recommending a good bank risk

[Alexmorgan]

A lot write here or other forums and social media about having a good bank in service , support and reliability

Then its matter of time before a lot of money laundry issues, bank get more strict, support get ignorant, account closing for no reason, losing their license or corresponding, ... etc.

Thats why when someone finds a good bank he wont tell about it or even talk about it

We have a lot of stories about banks were nice and now they are not nice anymore

Some says its because they have enough customers now and thats not true there is no enough in banking fields

Isnt there any solutions for this to help people to have their good banking services without risking of bad people come to this bank?

 

[Martin Everson]

Thats why when someone finds a good bank he wont tell about it or even talk about it

We have a lot of stories about banks were nice and now they are not nice anymore

Yes that's because once mentioned bad actors on internet who see the thread start applying and things change rapidly. It only takes a bank getting a few bad applications before they change compliance procedures overnight to reduce workload.

Post in thread 'Armenia starts exchanging tax information under OECD by 2025?'

Sep 30, 2024

What are your honest thoughts of Armenia for banking for foreign owned company ?

For me Armenia died after I introduced people on this forum to Ameriabank then within days [back then] they stopped taking remote openings...bad coincidence I hope . No idea what Armenia is like today for banking or requirements as it fell of my radar. Back then it was ok. Banks like Ameriabank had a nice IB white label trading platform if I remember for trading via a company.

If you find a bank there willing to open a company account then worth a try. But not sure there is any compelling reason...

• Martin Everson

• 

Isnt there any solutions for this to help people to have their good banking services without risking of bad people come to this bank?

Sadly I keep the ones I use to myself. That's not to selfish but the fact that when bad actors appear then me with my Bahamas residency is often first to get kicked in the nuts in any clamp down .