FBME Bank Cyprus

This website contains information on FBME Bank Cyprus. The bank is under resolution by the Cyprus government. That makes the bank into a loose canon for its customers and that is the least Cyprus can use at this moment.

FBME Bank Cyprus was always a paradise for high net worth individuals and offshore companies. Very few rules and services that were only possible in beautiful dreams of people who don't like rules and regulations.

It was FBME Bank Cyprus who heavily promoted anonymus credit cards. Their branches in Tanazania offered numbered accounts with the UBO being invisible. And back-to-back loans were the trade of the day.

It is no wonder that sooner or later the bank got under investigation and even scrutiny by the controlling forces. We all prefer to live in a safe world, a reliable banking system is the fundament of such a world.

Whether or not FBME Bank Cyprus crossed the line and facilitated money laundering and terrorism financing is not something to speculate about. The thousands of customers who have a clean and clear history and are not able to transfer their funds have a true problem. Companies already went bankrupt. Entrepreneurs are being mistrusted and it's a game with only losers involved.

It is unclear and thus uncertain how the future of FBME Bank Cyprus will look like. There are scenarios but one thing is for sure; it will never get back to the previous situation. So be prepared if you're a customer.