If you do not live in Georgia and do not have any personal ties to the country, forget about local banks.georgia is looking good but at the end in a contry of gipsy, what is unbelieveble the central bank said is not their own business is loook like uk FSA, THEY ALWAYS REPLY IS NOT THEIR BUSINESS
It’s mid 6 figures USD, not exactly change I can leave on the table.The level of naive they'd display hoping that the client doesnt come after his money. Weird.
Today the Court issued its ruling: it ordered the bank to transfer money on my company’s account with another bank outside Georgia. On top of that, the Court charged the bank with penalties of 0,5% of the claimed amount per day, from 04 September 2022 till transferring of the full amount.
Are these two different cases?Update on the case: I agreed in principle on a settlement before the appeal hearing. But the bank wanted to sign the agreement before sending the money
So we went to court and the judge advised the bank to agree to my terms. The hearing is adjourned, and the bank’s management is now “considering” my offer.
I went to a banker's conference a long time ago (I had a crazy idea about a business - glad I wisened up - it was a really stupid idea and I'm glad I "woke" up ) and basically I walked away from that trade show with one understanding "the bank monkeys don't care". It's NOT their money and they won't be held accountable. These are really bad/broken/greedy/evil people and they are only scared if they are personally going to be "attacked", which almost never happens because they hide their identity. When was the last time any of us had a copy of a banker's ID, passport, utility bills, etc.?The level of naive they'd display hoping that the client doesnt come after his money. Weird.