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Originally Posted by Chupachups
Hi Webby! Thought you would pop in ;)
Actually, I have heard some bad some stuff about multibanka, and I wouldnt use any latvian bank personally. Here´s another one to add to your list:
http://www.ab.lv/ |
Hi Chupachups!
Where banks end up with problems is not often of their own making - it's the idiots who try to scam em and abuse them who cause the problems:-) Also "information" from govts, like in the instance of MultiBanka, - the govt's know nada about bank dealings, so more like another "Saddam has stockpiles of WMD" bullshit. But it does give cause to raise an eyebrow :-)
We have need dealing with Latvian banks for some time and have know of others who do. So far, they have been very good and efficient at handling daily stuff - often better than any "big name banks".
But.. overall... and this applies to big name banks or os banks - never leave large sums in any one account - spread it!! (Even FDIC insurance in the US is crap and the last major banking problem in the US left other banks owing .. think around 400 million, which the US govt decided to forget to reimburse).