About World Financial Bank Accounts

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World Financial Bank accounts are in controversy, as the financial supervisory committee on the Isle of Man, where the bank is said to exist, have never heard of this institution. Close any World Financial Bank accounts as soon as possible with information from a portfolio manager in this free video on finance.

Part of the Video Series: Credits, Stocks & Pension
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Video Transcript

Do you have a credit card or a bank account from the World Financial Bank? Hi, this is Roger Groh of Groh Asset Management. A question has arisen as to the legitimacy of the bank. According to company documents, the Isle of Man is where they're based, but according to government officials on the Isle of Man, they've never heard of them. And customer complaints now have started the government issuing warnings to anybody that has a credit card or a bank account with World Financial Bank. Where can you see this information? Go to fsc.gov.im. That's the official website for the Isle of Man financial supervisory committee that's in charge of banks and credit card companies on the Isle of Man. Their phone number is there. You're more than welcome to email them or call them to discuss your specific problem as it regards to credit cards or bank accounts from World Financial Bank. If it were me, I'd pay off my card and I'd get out. Or I'd pull my money out and I'd say, "See you later." Protect yourself quickly. I'm Roger Groh of Groh Asset, and thank you very much for spending time with me.


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