Regulatory Warning

TERRANCE EXPORT BANK

Flagged by British Virgin Islands Financial Services Commission · British Virgin Islands (VGB)

Official Warnings (1)

British Virgin Islands Financial Services Commission British Virgin Islands
Unregistered/Unlicensed entity offering financi...

Public Statement - TERRANCE EXPORT BANK is falsely purporting to be operating from premises at BVI Financial Center, P.O. Box 4416, Road Town Tortola, British Virgin Islands, VG1110 for the purpose of carrying out banking and other financial services business. To facilitate its fraudulent enterprise, TERRANCE EXPORT BANK is using a fraudulent website URL: www.terranceexport.com for the purpose of advertising and soliciting customers for banking, payment transaction and investment services. Such services are required to be licensed and regulated by the FSC. The general public was informed that TERRANCE EXPORT BANK is not and has never been licensed or regulated to carry on banking or any other type of financial services business, in or from within the Territory

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This information is sourced from IOSCO I-SCAN and official financial regulators. Inclusion in this database does not necessarily mean the firm has committed fraud - it may indicate they are not authorized to operate in a specific jurisdiction. Always verify directly with the relevant regulator before making investment decisions.

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