Posted: 2/10/2001 1:56:58 PM

By: Hugues

KEEP OUT From SSBT bank - Nassau - Bahamas : www.ssbt.com


How much did SSBT pay bahamas officials to get a banking license ?????

Did they get enough bribe to pay for their new house and pick up truck with their bribe funds ????


SSBT bank is a total SCAM & joke !!!!

Almost feel like they are a banana republic bank from 20 years ago.


Of course their 6-8 weeks delay to credit an account is notorious.

I think we hold the record for an international wire transfer from UBS Switzerland which is not credited since 12 weeks after being sent !!!!! and still waiting !!!!!!

(UBS Switzerland is not a mickey mouse bank and knows how to do an international transfer)

Our company has more than 15000 USD outstanding now in wire transfer which we are waiting for more than 6 weeks.

We stopped all transfers to this banks since 1 month now as we feel this bank is not going to last long.

Their staff are totally incompetent:

one day , a staff, tells us we need to send all bank transfer receipts by fax in order to trace our funds.

The next day another staff tells us that we should not have done that but send them by normal mail: totally incoherent in their practices.

and when we tell them that another staff told us to send them by fax, they hang up !!!!!!!


When you call them to complain , they hang up because supposedly you are not talking gently to them !!!! even though they charge you 45 USD for each tracer they put on a transfer and they can not find 15000 USD
in transfer!!!!!!

All we got until 2 weeks from their staff was : we can not trace and find the funds : ask your clients to recall the funds !!!

(after our clients paid bank charges from their side, those SSBT incompetents staff just tell us to ask our clients to recall the funds and try something else.....)

Now we do not even get any answer at all from this banana republic bank : wonder how much they bribed somebody to get their banking license ...

They should be audited and closed completely . It is a total disgrace to the banking industry and the Bahamas

The worst was when we asked for a certificate of good standing for our corporation created 4 months ago

They claimed that we needed to pay IN ADVANCE year 2002
corporate fees in order to deliver such a certificate those ass....

They try to get money from everywhere and provide no service whatsoever and try to rip you off as much as they can.


After they charged us 50 USD for a bank reference letter because we wanted to move from their banana republic bank.

Even though we have waiting to be credited more than 15000 USD in more than 10 wire transfers which they do not know where they are.......


Total abuse of power and TOTAL JOKE !!!! those guys should be put to jail for holding customer funds ...

PASS THE WORD: BEWARE OF SSBT BANK.

SSBT IS A DISGRACE OF BAHAMAS BANKING

Their online access to account management (www.ssbt.com) of the accounts is NOT EVEN secured: no ssl certificate to crypt passwords running on a 4D database on a Macintosh...

What a ****ING JOKE for a bank promoting his secured online access....

One day, a 6 year old half brain hacker is going to have fun with their mickey mouse computer system while transferring customer money to his account.

A lot of customers are going to have their worst nightmares trying to get their money back.

COMPLETE DISGRACE !!! TO AVOID PERMANENTLY

Posted: 8/7/2000 1:01:44 AM

By: d.hillman

check the web site for suisse security bank and trust nassau.www.ssbt.com good luck.d.d.

Posted: 4/21/2000 7:03:49 PM

By: E.A. Raiche

Anyone with information regarding Bahamas banks that will establish a merchant account (US$ only) for a business that accepts credit cards on the Internet, will be appreciated. EAR