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Old 04-06-2006, 07:52 AM
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Location: Minnesota
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Default Re: 52% APR Has anyone banked with this bank?

There sure isn't much out there about them. One thing, evidently for this type of account these returns aren't all that great. Here's everything I found from people on the net. Most of their statements are all but meaningless, but . . .

"I've been with tran group for 1 year, and they are all good... and i dun force any problem with them just make a try, they very wonderfull people."

"i've been banking with them for 2 years now. never have had any problems.
they are not fdic, cause they are located outside the US. the best thing I like, they don't pass any info to IRS."

"SCAM SCAMSCAMSCAMSCAMSCAMCAM!!!!!111oneone

Their quarterly reports are copied word-for-word from this site:
http://www.orbitfunds.com/Resources...rlyReportE.html

Orbit seems to be legit (with pretty crap results and all)"

"You, guys pissed me off. I have an account with them for 4 months now and you make ma scared. I called them and the girl told me that, all their reports are copyrighted, and I may check it out at their privacy page.

Well I went there and what I found out is :

Monthly and quarterly reports/commentary are provided by Orbit Funds (R).

I just don't understand how they can use those reports, from absolutely different company ? I can see that they just cover financial situation around and world markets, but...

P.S I just registered here, to put my 25cents BTW. I found them in the business directory from Robb Report."

"Thanks

No, I've never visited them, but I called them many times, but still don't understand working hours.

Well, I am pretty happy with them. Bill Pay is for free. Wire Transfer fee is $15 within europe and $25 in the US.

And they always call you back when you request a wire transfer or bill pay.

I had a doubt about them, untill I received my welcome kit... That's it what I can say..."

"besides a legitimate oprganisation would have the details of the principles involved ie an about us page... something is phishy here"
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