For the third time in less than two years, Bancrédito International Bank has been sued for allegedly failing to remit funds to an offshore bank with which it had a correspondent bank relationship. The latest complaint – for $10M – filed yesterday by Bahamas-based Ansbacher and Lyford International Bank follows lawsuits for a combined $16.7M in 2017 and 2018 by Bahamas-based Capital Union Bank and Belize-based Choice Bank, respectively.
Articles Bahamas Banks & Trusts Featured Puerto RicoAugust 28, 2019
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Ansbacher Bancrédito International Bank & Trust Corporation Bancredito International Bank Corporation Lyford International Bank Ltd.