Can anyone provide some information or does anyone close a deal with this company:

General Equity Building Society (Private Banking)
Level 27, PWC Tower 188
Quay Street
Auckland 1010, New Zealand

regards
Charles

google their website and read the details, when thats not enough red flag for you then honestly there isn't much possible assistance for you

google their website and read the details, when thats not enough red flag for you then honestly there isn't much possible assistance for you

Thank you Sir for your advise

Hi,

I do know them they are good at what they do they have been opening in the US for near one year BGs & SBLCs with their partners Corp Funding Partner NY they are strong at doing the BG & SBLC markets. They have net assets of around 1billion and asset booking of near 12 billion by the end of 2009 I think.

They can also open prime paper out of EU and the new lines they have are around USD 1.2 Billion and that will grow as their assets grow.

They seem to be a private banking style business I have contacted their legal offices in Australia to ask the trustees and they said they are very good and can do what they say and their trust account are all fully ensured for deposits deflection.

Well I hope this may help you I have a small line with them for DLCs and SBLCs for my trading business in the Mid-East.

All the best and good luck!

The Banker