Is Belize Caye International Bank back in business ?

[unicorn]

Hello to all,


A couple of months ago, I put in a request with Caye International to open an account for either a Nevis LLC or Nevis foundation.
I got a reply that it was not possible.
At the same time, I read on this forum that they were closing accounts and were no longer able to send wires - and basically were blocked.

Today, out of the blue, I got this email below. From no account possible, everything seems possible, even remote.
Anyone know if they are back in business or still suffering from boycot-like actions ?


+++


Thank you for your interest in our banking services. Kindly note that we can facilitate accounts for the company structures mentioned in your message below.

Below you will find all the necessary information to apply for an account with us.

Please note that each account held with us carries the following fees:-

· $ 100.00 – Application fee (Onetime)

· $ 250.00 – FATCA fee, applies for US citizens only (Onetime).

· $ 14.50 monthly service charge for each account held with us.

CIBL is the only International Bank on the Beautiful Island of Ambergris Caye, Belize, Central America and our license permits us to carry on business with both individuals and corporations who are non-residents of Belize. We offer a full range of traditional and non-traditional banking services and accounts in United States Dollars (USD), Canadian Dollars (CAD), Great Britain Pounds (GBP), Swiss Francs (SFR), and Euro Currencies.

Opening an account with us is simple and even though it is a great excuse to come visit the island an account can be set up without you being here in person.

Print and complete the following application:-

• CIBL Corporate Application

Provide for each named person:-

• Personal Information Sheet
• Notarized Color Copy of ID Page of Passport

1 Bank Reference Letter – Please Provide & Include Contact Information and/or Business Card of Issuer. Relationship should be of 2 years or older. The Letter can be issued by your Bank, Credit Union, Investment Firm or Brokerage. No system generated Letters.

1 Copy of Utility Bill Illustrating Residential Address Outside of Belize – No Older than 3 Months. e.g. Home Telephone, Cable, Electricity, Water, Sewage, Gas Bill or Bank Statement. No Vouchers, Payment Slips or Invoices.

W9 Form – US Citizens ONLY - http://www.irs.gov/pub/irs-pdf/fw9.pdf

W-8Ben – Non-US Citizens With "US Indicia Status” - https://www.irs.gov/pub/irs-pdf/fw8ben.pdf

For a Corporate Account:-

• Notarized Copy of the Registered Corporate Documents (Complete Set)
• Proof of Good Standing if Over 12 Months Old

*When getting your items notarized please ask your Notary to provide contact details or add a business card to the file.

Reference Letter Required Information: Insert name of firm and describe professional registrations of firm),(insert name of client),(Discuss number of years known),(Describe in some detail of services provided [e.g., tax, audit, consulting, accounting services, etc.]),(Discuss US and international, if appropriate, filings and obligations and completeness),(Discuss audit of tax returns history or other history of services provided),(Discuss character),(Closing with anything you wish to add).

Get started now, by clicking the direct links above and see all applications, schedule of fees and list of complete services by clicking the link below:-

ACCOUNT APPLICATIONS – SCHEDULE OF FEES – Account Opening | Caye International Bank.

All application elements must be supplied in English or be accompanied with a notarized English translation.

Once your application is completed and you have all corresponding documents in place, scan and email a copy to us for preapproval. On approval, we will send you your provisional account details and wire instructions for you to instruct your bank to send a minimum deposit of $1,000.00 and account set up fee. You’ll then need to send the original documents via courier service (UPS, FedEx, DHL, etc.) or Express Mail to:

Attn: Luz Maria Botes

Caye International Bank, Ltd

Coconut Drive

San Pedro, Ambergris Caye

Belize, Central America

On receipt of both original documents and initial funds, your account will be fully active and your online access details sent to you via email within 24 – 48 hrs.

Many of your queries will be answered in CIBL’s recently updated white paper, follow the link below to find out more…

INTERNATIONAL BANKING LAWS AND BEYOND

Should you have any questions or concerns, please feel free to contact us personally, the CIBL team and I are here to help you.



Best Regards,





Luz Maria Botes (Ms.)

Client Services Officer



P.O. Box 105 | Coconut Drive

San Pedro | Ambergris Caye

Belize | Central America



T: +501 226 2388

E: [email protected]

 

[Suzy Emerald]

They have new correspondent banks for Eur and Usd it seems: Usd in Puerto Rico and Eur in Malta with Sparkasse. They are back in business as long as it lasts I would say

 

[Kaizerq]

They have new correspondent banks for Eur and Usd it seems: Usd in Puerto Rico and Eur in Malta with Sparkasse. They are back in business as long as it lasts I would say

Hello, so... My funds are going to be safe with them once I make important transfer to a Caye Int. Bank account? I mean, are these banks trustable fraud free?

 

[JohnLocke]

Hello, so... My funds are going to be safe with them once I make important transfer to a Caye Int. Bank account? I mean, are these banks trustable fraud free?

Nothing is safe with the offshore banks now a days. You always want to do precautions to avoid any unexpected issue later on.

For now they are in operation but now one can say that they are safe, just want to point this out for you

 

[Kaizerq]

Nothing is safe with the offshore banks now a days. You always want to do precautions to avoid any unexpected issue later on.

For now they are in operation but now one can say that they are safe, just want to point this out for you

You are right. Certainly. Thank you. I have some experience with Lloyal Bank in Saint Vincent and the Grenadines. They were ok, until they had the very same issue of changing correspondent banks to partner with them and kinda froze the accounts for about 5 months. I was able to still use my debit card from that account. Then the issue was solved and all ok again. Later after I closed my account, they were flashed out by some authority for supposedly supporting money laundry and again, accounts frozen. Don't know what you know about them? Regards

 

[Mr Magoo]

The fact that Caye Bank is having on and off problems with correspondent banks should tell you enough. You are just playing Russian roulette with your money. The recent history of how it went with banks in Belize doesnt predict any good for the future

 

[rey skywalker]

when is too good to be true is too good to be true

 

[Kaizerq]

The fact that Caye Bank is having on and off problems with correspondent banks should tell you enough. You are just playing Russian roulette with your money. The recent history of how it went with banks in Belize doesnt predict any good for the future

Thanks, can you please lead me to some of this history you mention? I think I'm out but... just to know more. Cheers

 

[JohnLocke]

There are lots and lots of threads, below are a few of them.

https://www.offshorecorptalk.com/threads/caye-bank-international-belize.24666/https://www.offshorecorptalk.com/th...ng-and-troubles-with-existing-accounts.25523/

 

[Martin Everson]

@unicorn Let us know how it goes with that bank.

I wouldn't keep any real money there right now. But if they allow you to bank a Nevis Foundation and the foundation will hold non-bank assets then seems ok. Perhaps you can check with them if wires sent out will be in name of Nevis Foundation otherwise its of limited use in todays world.

 

[Mr Magoo]

Thanks, can you please lead me to some of this history you mention? I think I'm out but... just to know more. Cheers

Just google Choice Bank, Atlantic International Bank, Heritage Bank, Belize Bank International. Not much offshore banking left there. There is a general crack down on banking in Belize so I wouldnt risk depositing my money. Their correspondent banks are derisking which can make it difficult to get your money out again.

 

[Caye Representative]

Hello to all,


A couple of months ago, I put in a request with Caye International to open an account for either a Nevis LLC or Nevis foundation.
I got a reply that it was not possible.
At the same time, I read on this forum that they were closing accounts and were no longer able to send wires - and basically were blocked.

Today, out of the blue, I got this email below. From no account possible, everything seems possible, even remote.
Anyone know if they are back in business or still suffering from boycot-like actions ?


+++


Thank you for your interest in our banking services. Kindly note that we can facilitate accounts for the company structures mentioned in your message below.

Below you will find all the necessary information to apply for an account with us.

Please note that each account held with us carries the following fees:-

· $ 100.00 – Application fee (Onetime)

· $ 250.00 – FATCA fee, applies for US citizens only (Onetime).

· $ 14.50 monthly service charge for each account held with us.

CIBL is the only International Bank on the Beautiful Island of Ambergris Caye, Belize, Central America and our license permits us to carry on business with both individuals and corporations who are non-residents of Belize. We offer a full range of traditional and non-traditional banking services and accounts in United States Dollars (USD), Canadian Dollars (CAD), Great Britain Pounds (GBP), Swiss Francs (SFR), and Euro Currencies.

Opening an account with us is simple and even though it is a great excuse to come visit the island an account can be set up without you being here in person.

Print and complete the following application:-

• CIBL Corporate Application

Provide for each named person:-

• Personal Information Sheet
• Notarized Color Copy of ID Page of Passport

1 Bank Reference Letter – Please Provide & Include Contact Information and/or Business Card of Issuer. Relationship should be of 2 years or older. The Letter can be issued by your Bank, Credit Union, Investment Firm or Brokerage. No system generated Letters.

1 Copy of Utility Bill Illustrating Residential Address Outside of Belize – No Older than 3 Months. e.g. Home Telephone, Cable, Electricity, Water, Sewage, Gas Bill or Bank Statement. No Vouchers, Payment Slips or Invoices.

W9 Form – US Citizens ONLY - http://www.irs.gov/pub/irs-pdf/fw9.pdf

W-8Ben – Non-US Citizens With "US Indicia Status” - https://www.irs.gov/pub/irs-pdf/fw8ben.pdf

For a Corporate Account:-

• Notarized Copy of the Registered Corporate Documents (Complete Set)
• Proof of Good Standing if Over 12 Months Old

*When getting your items notarized please ask your Notary to provide contact details or add a business card to the file.

Reference Letter Required Information: Insert name of firm and describe professional registrations of firm),(insert name of client),(Discuss number of years known),(Describe in some detail of services provided [e.g., tax, audit, consulting, accounting services, etc.]),(Discuss US and international, if appropriate, filings and obligations and completeness),(Discuss audit of tax returns history or other history of services provided),(Discuss character),(Closing with anything you wish to add).

Get started now, by clicking the direct links above and see all applications, schedule of fees and list of complete services by clicking the link below:-

ACCOUNT APPLICATIONS – SCHEDULE OF FEES – Account Opening | Caye International Bank.

All application elements must be supplied in English or be accompanied with a notarized English translation.

Once your application is completed and you have all corresponding documents in place, scan and email a copy to us for preapproval. On approval, we will send you your provisional account details and wire instructions for you to instruct your bank to send a minimum deposit of $1,000.00 and account set up fee. You’ll then need to send the original documents via courier service (UPS, FedEx, DHL, etc.) or Express Mail to:

Attn: Luz Maria Botes

Caye International Bank, Ltd

Coconut Drive

San Pedro, Ambergris Caye

Belize, Central America

On receipt of both original documents and initial funds, your account will be fully active and your online access details sent to you via email within 24 – 48 hrs.

Many of your queries will be answered in CIBL’s recently updated white paper, follow the link below to find out more…

INTERNATIONAL BANKING LAWS AND BEYOND

Should you have any questions or concerns, please feel free to contact us personally, the CIBL team and I are here to help you.



Best Regards,





Luz Maria Botes (Ms.)

Client Services Officer



P.O. Box 105 | Coconut Drive

San Pedro | Ambergris Caye

Belize | Central America



T: +501 226 2388

E: [email protected]

Good day Unicorn,

I would like to discuss your concern further. Can you kindly email me at [email protected]

To let everyone know on this forum, Caye International Bank has been in operation since 2003 and named Best Offshore Private Bank for three consecutive years and fully operational since then.

I will await your email.

Enjoy the day ahead.

 

[Spinat]

Great thank you, can you tell us if you have any insurance for account deposits?

 

[Spinat]

There website does not have any details of the insurance that they have to protect account deposits. You should not trust such banks

I agree, checked it, I didn't use them at the end, I don't trust them at all.

 

[Bruno]

I tried to open bank account at Caye International but failed. They requested many docs and even I submitted all of it they rejected me without no reason.

 

[Granwasa]

@Bruno what documents did you submit them and which is your nationality?

 

[rey skywalker]

may be you have iran passport? and company from north pay

 

[Caye Representative]

I tried to open bank account at Caye International but failed. They requested many docs and even I submitted all of it they rejected me without no reason.

 

[Caye Representative]

Bruno, please be assured Caye International Bank (CIB) did not reject your application for “no reason”. Carefully selecting the clients for whom CIB chooses to open accounts, is factor which ensures the security of CIB. In today’s world of money laundering and terrorism, CIB very closely screens all applicants to ensure they will be transacting for legitimate business or personal reasons. Given the high standards and banking regulations to which CIB must adhere, there are occasions in which it is not possible for the bank to process a potential client’s application request. Some reasons an application may be denied include: unfavorable background checks or planned business with high risk or prohibited countries, to name a few. Banking regulations in many instances hold that the bank may not disclose to the applicant the reason an application is denied. While CIB understands the frustration this can cause an applicant, Caye’s adherence to strict banking regulations is mandated by regulatory agencies which oversee the bank.

 

[EliasIT]

Can someone not from Caye Bank please post a good review about this bank?

I consider using them for some time but didn't jump on them yet!

@cayerep do you offer any insurance for account holders?