Paxum bank testimonials please?

lavel

Offshore Agent
Business Angel

negon

hannibal the cannibal
BANNED MEMBER
Entrepreneur
Someone know what is a

W-8BEN-E form

for NON US Companies? does this apply for Europe too and where to find it?
 

Cetme308win

Building Trust
Entrepreneur
I just read about PAXUM BANK LIMITED - Personal Banking, Business Banking, Loans, Merchant Accounts, Mass Payout Solutions which is the same as Paxum the someone here on the forum say! Now I was wondering, is there any good reviews about them here?

I would like to know what the status is, do they have a debit card, how easy are they to open an account with and do they offer a debit card?

Would you trust them?
I'm trying to open a bank account with them,they are the same guy that have an payment service provider with the same name...yeah they offer a debit card ....it's not very difficult and they asked me for a police record

Someone know what is a

W-8BEN-E form

for NON US Companies? does this apply for Europe too and where to find it?
You can get it in the same zip with all the docs and yes you should fill it
 

extremedox101

Trusted Member
Business Angel
Someone know what is a

W-8BEN-E form

for NON US Companies? does this apply for Europe too and where to find it?
i think non us companies read instructions on W-8BEN form

• Entities must use Form W-8BEN-E.
• You are NOT an individual
instead use W-8BEN-E
 

lavel

Offshore Agent
Business Angel
great, can we get back to the review part of this thread :D Google is of great help when it comes to this forum there is no need to discuss it here!
 

Martin Everson

Offshore Consultant
Business Angel
I would like to know what the status is, do they have a debit card, how easy are they to open an account with and do they offer a debit card?
I have sent scanned opening documents for a Dominica IBC company and got pre-approval but did not send them the originals and continue with opening so personally cannot comment on what they are like in action. I think they are using wirecard bank in Germany for their euro payments based on posts made in another forum site. It would be unusual if they are using a dedicated card bank like wirecard bank and they then don't offer wirecard cards.

Would you trust them?
I wouldn't trust my own mother so I am the wrong person to answer that.
 

Milky Moon

Offshore Research & Development.
Business Angel
Why would a Dominican Bank want a W-8BEN form from NON-US customers .. makes you wonder right ....
 

Martin Everson

Offshore Consultant
Business Angel
Why would a Dominican Bank want a W-8BEN form from NON-US customers .. makes you wonder right ....
It's used (or misused) by banks to cover their ass as it forces the client into making a declaration under penalty or perjury that they are not a US Person hi%#. It just works better than tick boxes on a bank application form.
 

lavel

Offshore Agent
Business Angel
Can someone else join this thread that actually has something useful to say about Paxum bank ?
 

Larry

Banned User
BANNED MEMBER
Entrepreneur
I‘am interessted too. Can only find reviews about Paxum in Canada.
 

lavel

Offshore Agent
Business Angel
I'm in process of opening an account,they acepted my business docs and now I have to go to the police station to get a police record and renew my passport
wow police record?? Why the hell do you have to provide that? did they say if this apply for all people or only for you?
 

Cetme308win

Building Trust
Entrepreneur
wow police record?? Why the hell do you have to provide that? did they say if this apply for all people or only for you?
I know that's weird as hell(I'm a noob in the offshore world but that was really weird)....
I don't know why I have to provide it,they just asked me for that and nope they didn't say if this apply for all people or only for me(They don't say anything in their website about it btw)
Try to open a bank account and tell me what they say to you if you want;)
 

Myotra

Building Trust
Entrepreneur
I contacted this bank recently and they replied to me that upon approval of account opening they provide wiring instructions. And the company's name is not stated there because they use an intermediary bank to send the funds. Though the wiring instructions will contain an IBAN. This is a unique account number that is used to identify the account with Paxum Bank. I asked to provide a sample of wiring instructions but they didn't reply. It is not clear to me how can they provide a unique IBAN and yet not include the company's name in the payment details.
 

darkster

Trusted Member
Business Angel
Mentor Group
Commercial Service
is not clear to me how can they provide a unique IBAN and yet not include the company's name in the payment details.
if it's it might not be something we should discuss public...blak""#¤
 
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