WILLEMSTAD - Vidanova Bank can again carry out dollar transactions. The bank does this via the Bancwire Platform of BSI Group, according to a press release.
Business Solutions International Group (BSI Group) is a payment solution provider with extensive experience in processing payments for small and large companies. Through the partnership with BSI Group, Vidanova Bank customers can again send transactions in US dollars to their bank account using a correspondent bank with a Swift code. Payments abroad in US dollars are also possible again.
Since January 13, Vidanova Bank was temporarily unable to conduct dollar transactions. The reason for this was the cancellation by Reserve Trust of the 'correspondent bank' relationship. According to the bank, this was 'very unexpected'. The bank had to urgently look for a replacement, which has now been found in BSI Group.