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United States
05 Jul 1952 (73 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know BAC Credomatic International Bank
Company Information
Get to know BAC Credomatic International Bank
BAC International Bank, Inc. is part of the BAC Credomatic financial group, which in turn belongs to Grupo Aval, a leading financial conglomerate in Colombia. Founded in 1995 and regulated by the Superintendency of Banks of Panama, BAC International Bank specializes in providing financial solutions to international clients. Its core services include private banking, wealth and asset management, investment banking, and corporate banking, with a mission to help clients manage and diversify their assets across international markets.
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