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Multibank Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.multiban..., the company's legitimate regulatory information to enhance the security of the company's address

Multibank Forex Broker

Basic Information

Registered Region
Panama
Operating Period
--
Company Name
Multibank, Inc
Abbreviation
Multibank
Company employee
--
Keywords
5-10 years
Suspicious Regulatory License
High potential risk

Company profile

General Information Multibank Inc. started operations as Multi Credit Bank in 1990. With more than 20 years of experience as a banking entity, Multibank is the main subsidiary of Multi Financial Group, prominent Panamanian group with more than 45 years in the financial business, organization with branches and offices with presence in Panama, Costa Rica, Colombia and a representative office in Peru.Multibank Inc offers loans, credit cards, deposits, leasing, savings and checking accounts services. Its products are in the business lines of personal, corporate and international banking. In 2007 it changed its name to Multibank, Inc. Headquarters: Edificio Prosperidad No. 127, Via Espana Panama City; Panama City; Postal Code: 0823-05627. Services & Products Multibank Inc offers a wide catalog of services including Investments (Such as Shares, Funds, Bonds, among others), International Trade, e-Commerce (24/7 sales availability), Money Orders and Transfer, Foreign Currency Service, Management Checks and Certificates as well as Online Bank. Personal Bank Saving accounts Saving accounts include Regular account (Opening from $ 50, Up to 1.00% annual interest rate), Multi-saving Plus (Opening from $ 1,000, Up to 2.00% annual interest rate), Diamond Plus (Opening from $ 5,000, Up to 2.00% annual interest rate). Multiplan (Scheduled deposits of $ 25 to $ 750 per month, interest rate of up to 5% per annum), Navibank (Opening amount from $ 20, Up to 2.50% annual interest rate), Multikids (Opening from $ 15, Up to 1.50% annual interest rate). Loan Solutions People can use a series of loan solutions through this platform, including Mortgage Loans ($ 500 bond for homes under $ 130,000, $ 1,000 bond for homes over $ 130,000, $ 1,500 bond for homes over $ 225,000, Transfer and consumption loan – CasaPlus) Personal Loans, Auto Loans (The salary in the metro area is $ 700 and in the interior it is $ 600). Commercial Bank Multibank Inc offers a series solutions including Business Loans, Lines of Credit and Payment to Suppliers, Interim Construction, Factoring, Structured Financing, Vehicle Fleet Financing, Leasing. Customer Support Clients who need help can contact Multibank‘s customer support team through online bank, or via telephone exchange (+507 217 5400) or directly going to Multibank’s branches.

Is Multibank safe or scam

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Latest Reviews

Gustavo@Fring

Gustavo@Fring

Malaysia

According to the relevant sources breaking news, Multibank Group's Dubai sales team has been paying only base salary and no commission since June, while the Chinese sales team is paying neither base salary nor commission, and even the office rent is not paid. This has led to a large number of the company's service brokers resigning and losing contact, and clients who have invested in Multibank Group and MBG Markets are unable to withdraw their funds. In addition, Multibank Group has just brought its sales team to Dubai in the past few months and promised to cover the return air tickets for the employees. Now, due to a dispute over unpaid salaries, Multibank Group does not buy return tickets for its employees, and there are still a dozen people stranded in Dubai without money to go home. At present, Multibank Group and MBG Markets still have not resolved the issue of compensation of employees' salaries and withdrawal of investors' funds. We hope that the broker will provide a suitable solution and we will continue to follow it.

Exposure

2021-12-30

Multibank Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.28, Software Index 4.00 Risk Control Index 0.00.