Thread: Multibank

Hello,
I am willing to open a CD for 5 years and therefore I need a rather solid bank.
Global create me a lot of problem to open my account therefore I am thinking of Multibank which would also give a 5.5% mensual.
A friend of mine told me that they had problem in 2008 turmoil ??? since he is not a connaisseur I dont rely too much on his info
does someone know what this bank is worth?
Thanks for your help

can not help you pick the right bank for your needs but remember there is no deposit insurance here , they fold ,you broke .for most of use we dont worry but it is something you need to know when you pick the bank

They have an A+ rating from Fitch, which is really good. Their fees are generally high for international business and low for local things. Rates are above average for their rating. Service has been well below average for me, but could be temporary.

What do you think about the Banco Universal Ed?