top of page
  • LinkedIn
  • Facebook
  • Instagram

FBME Bank Liquidation

FBME Bank Liquidation

Please be advised that the liquidation of FBME Bank in Cyprus and Tanzania has finally commenced. This is extremely positive news and provides clients maintaining deposits with FBME Bank the opportunity to submit their claims for payment.


FBME Bank Liquidation

The claims process for depositors can be summarised as follows:

  1. Claims must be submitted to the liquidator of FBME Bank in Cyprus, by latest the 29 June 2024.

  2. In the case of Tanzania accounts, the deadline is 17th May 2024.

  3. Certain supporting documentation is required to prove depositor claims.

  4. In the case of Corporates, the company should be in good standing and not dissolved or struck-off the register.

  5. Once a claim form and supporting documentation is submitted to the liquidator, a strict Compliance procedure with regards to requisite depositor KYC and due diligence must be followed.

  6. A Power of Attorney can be granted in favour of a third-party professional adviser to assist and submit creditor claims on behalf of depositors.


As a firm we are in a position to assist any of our clients with the recovery of any funds currently held in FBME.  You can contact us directly at info@pconstantinou.com  to commence to process as time is of the essence and you need to take immediate action.

Related Posts

Comments


bottom of page