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#524491 - 07/11/17 04:53 AM Belize Bank Shaky Transition Taxes Account Holders  
Joined: Oct 1999
Posts: 55,669
Marty Offline
Marty  Offline
If you are having trouble accessing your Belize Bank online account, using a debit card, taking out a few dollars from the ATM, or just chasing a cheque, you are not alone, many Belize Bank account holders have been experiencing these troubles for the past week. According to Bank Executive Chairman Lyndon Guiseppi, that's because the bank is transitioning from a System- which they had been using for 15 years - to a new system called Fusion Banking Essence. It is a state of the art banking platform that they say will improve overall services for you the consumers. But the transition has seen basic services collapse. Guiseppi says that the system shift began last Monday and these gliches with the online site and the ATM should normalize by the end of this week. The Belize Bank apologizes for any inconveniences caused.

Channel 7

#524497 - 07/11/17 06:14 AM Re: Belize Bank Shaky Transition Taxes Account Holders [Re: Marty]  
Joined: Jan 2014
Posts: 184
katzgar Offline
.
katzgar  Offline
perhaps losing 75% of its deposits in the last 6 months means they dont have any money? https://www.theguardian.com/business/2016/aug/02/lord-ashcrofts-belize-bank-hit-wave-withdrawals-bbi

#524498 - 07/11/17 06:31 AM Re: Belize Bank Shaky Transition Taxes Account Holders [Re: Marty]  
Joined: Jan 2003
Posts: 7,459
SimonB Offline
SimonB  Offline
Different bank.

#524500 - 07/11/17 06:59 AM Re: Belize Bank Shaky Transition Taxes Account Holders [Re: Marty]  
Joined: Jan 2014
Posts: 184
katzgar Offline
.
katzgar  Offline
How many Belize Banks are there?

#524501 - 07/11/17 07:08 AM Re: Belize Bank Shaky Transition Taxes Account Holders [Re: Marty]  
Joined: Dec 2006
Posts: 12,005
elbert Offline
elbert  Offline
They have threatened customers with closing their accounts if the customer didn't provide a mound of minutiae. Threats are always going to get negative results. This only served to make their depositors insecure..


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#524504 - 07/11/17 08:59 AM Re: Belize Bank Shaky Transition Taxes Account Holders [Re: Marty]  
Joined: Jan 2014
Posts: 184
katzgar Offline
.
katzgar  Offline
yes thats true. brit financial traditions have been deeply involved in shady off shore banking and the US is working to clean it up. BB is caught up in the changes.

#524506 - 07/11/17 01:06 PM Re: Belize Bank Shaky Transition Taxes Account Holders [Re: katzgar]  
Joined: Jan 2003
Posts: 7,459
SimonB Offline
SimonB  Offline
Originally Posted by katzgar
How many Belize Banks are there?


Two. Belize Bank and Belize Bank International.

#524507 - 07/11/17 01:26 PM Re: Belize Bank Shaky Transition Taxes Account Holders [Re: katzgar]  
Joined: Jan 2003
Posts: 7,459
SimonB Offline
SimonB  Offline
Originally Posted by katzgar
yes thats true. brit financial traditions have been deeply involved in shady off shore banking and the US is working to clean it up. BB is caught up in the changes.


See, now that's funny. The US is one of the best places to hide money, the only places ranked better are Switzerland and Hong Kong. Delaware is a cesspool. You can't point fingers all you want but the US is one of the worst offenders for hiding money but because it's at "home" nothing is done about it.

#524510 - 07/11/17 07:10 PM Re: Belize Bank Shaky Transition Taxes Account Holders [Re: SimonB]  
Joined: Jan 2014
Posts: 184
katzgar Offline
.
katzgar  Offline
Originally Posted by SimonB
Originally Posted by katzgar
yes thats true. brit financial traditions have been deeply involved in shady off shore banking and the US is working to clean it up. BB is caught up in the changes.


See, now that's funny. The US is one of the best places to hide money, the only places ranked better are Switzerland and Hong Kong. Delaware is a cesspool. You can't point fingers all you want but the US is one of the worst offenders for hiding money but because it's at "home" nothing is done about it.



no country is immune including the US but the UK is a money laundering kingpin. https://qz.com/938504/the-top-50-gl...sian-laundromat-money-laundering-scheme/ the US is piddly compared o the UK https://www.theguardian.com/world/2...dromat-how-did-it-work-and-who-benefited and Lord Ashcroft is a brit

Last edited by katzgar; 07/11/17 07:14 PM.
#524575 - 07/15/17 07:20 AM Re: Belize Bank Shaky Transition Taxes Account Holders [Re: Marty]  
Joined: Nov 2002
Posts: 245
Nick Barton Offline
.
Nick Barton  Offline
We Brits like to show we are at least good at one thing!


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