[Starvenger]

No men, Yesilada acept only cash.

[OffshorePrivacy]

My general experience with most offshore banks is the customer service is top notch, especially the Cyprus banks as well as Liechtenstein.

Of course, the North Cyprus banks and most offshore branches of UK banks I have found do not offer prompt customer service. Back when Yesilada offered debit cards I order 4 of them which they shipped to my previous address, not my current address of records. I was charged for the debit cards yet they were never received. The bank failed to answer a single question on the matter and it was no of sufficient importance for me to call them, which is the only way to get service with Yesilada.

[Banker101]

Originally Posted by OffshorePrivacy

My general experience with most offshore banks is the customer service is top notch, especially the Cyprus banks as well as Liechtenstein.

Yes. I have found that a few of them do have a "top notch" on-line customer service. Curiously I am yet to find a British one. For instance, a few weeks ago I wrote an e-mail to Lloyds TSB Offshore and I got no answer.

[Aruba101]

Yesilada is exactly as Offshoreprivacy said.
It fills a necessary niche. For the people that value their "+"-es and do not mind to hassle a bit over the phone with them, it is just right.
It's like an old Land Rover. Very uncomfortable and smelly, but it gets the job done.

[Fads]

Help needed guys,

i have a bank account with yesilada bank and for my surprise during the last month or so the money transfers in and out have been getting extra delayed, but as usual i end up calling them on the phone and bugging them, right until two days ago when i called them and an employee there told me that AkBank has actually froze their accounts due to some suspicious client they had whom is suspected of criminal activities and hence the german bank has frozen all of their assets!! to make things worse, the employee told me that the AkBank has asked Yesilada to supply them with personal and business information about their clients!! and as he said they are explaining to them that it is not legal to provide personal or business information in an offshore bank.

according to what he told me, yesilada bank lawyers are trying to clear this matter, and he confirmed that they have another 4 other bank account but they can not use because the german bank threatened to freeze those accounts as well!!

im glad i dont have huge funds in that account for i have made (for my good luck) out going transfers to fund my other bank account almost a month prior to that. yet i am still worried about what might happen there. the employee told me it might take 2 weeks to clear such matter but i have a feeling it might not, can anyone inform me of such scenario of it had happened with them in the past or with any other similar bank?

[VorloN]

Merged 2 similar threads.

[VorloN]

Originally Posted by Fads

Help needed guys,

i have a bank account with yesilada bank and for my surprise during the last month or so the money transfers in and out have been getting extra delayed, but as usual i end up calling them on the phone and bugging them, right until two days ago when i called them and an employee there told me that AkBank has actually froze their accounts due to some suspicious client they had whom is suspected of criminal activities and hence the german bank has frozen all of their assets!! to make things worse, the employee told me that the AkBank has asked Yesilada to supply them with personal and business information about their clients!! and as he said they are explaining to them that it is not legal to provide personal or business information in an offshore bank.

according to what he told me, yesilada bank lawyers are trying to clear this matter, and he confirmed that they have another 4 other bank account but they can not use because the german bank threatened to freeze those accounts as well!!

im glad i dont have huge funds in that account for i have made (for my good luck) out going transfers to fund my other bank account almost a month prior to that. yet i am still worried about what might happen there. the employee told me it might take 2 weeks to clear such matter but i have a feeling it might not, can anyone inform me of such scenario of it had happened with them in the past or with any other similar bank?

Whenever you use banks in TRNC you take a risk. I'm sure you knew it from the start.

[Fads]

sure thing i never said i was not aware of the risks, and the benefits were surpassing the negatives, but seriously FROZEN BANK ACCOUNTS?! and the worst about this is that they have kept me in the dark for more than 30 days with 7 pending wire instructions while they claimed it was a software issue, right until that brave employee told me the truth, if they wouldve atleast kept me in the light, i would managed to transfer those funds from my other bank account.

But to tell the truth, they were really good at the start and i would hate to loose such a bank, hence my question was DOES ANY ONE KNOW IS SUCH SCENARIO HAS HAPPENED BEFORE? or IS SUCH ISSUES WITH AKBANK INVESTIGATING ABLE TO BE SOLVED? if yes HOW LONG DOES IT TAKE?

so if anyone has heard of such an issue and has any useful information, sharing would be highly appreciated.

[Banker101]

Given nowadays anti-money laundering regulations and policies, added to the typical bureaucratic inefficiency of governments and judicial systems, I think that non-compliant banks such as Yesilada, transiting their funds through compliant jurisdictions, are likely to have their funds frozen from time to time. Such cases, usually, are not resolved quickly.

Capital Conservator seems to be going through similar difficulties: http://www.talkgold.com/forum/showthread.php?p=3265780

[lamariposa]

Are they allowed to freeze the money of clients which haven't made criminial activities?

Do you guys think they will release the money sometime?