With the lack of a quality Credit FICO scoring system, the consistently deposit amounts and frequently of deposits can tell a loan officer the credit worthiness of an individual and or business cash flow for the repayment of loans and credit risks. When our banks cannot or fail to provide a customer acceptable period of time to open a savings or checking accounts it is a total dis-service to the public and a strong hold back of our economy. Government should mandate a specific timeline (within 3 business days) for banks to set up appointments and open savings and checking accounts for individuals and local businesses with an annual audit report (by an independent credible auditoring company) verifying the timeline is being met or exceeded. The penalty for not meeting the timeline should be the first offense should be payment of $1million and notification to the public, second offense $5 million with notification to the public and third penalty the license is revoked with notification to the public and noted in Parliament.
It takes 3 to 4 weeks to get an appointment to open an account at most banks on New Providence. The first question by the bank clerk is "how much you are starting the account with" before you will know if the appointment will be in 1 week or 3 to 4 weeks before an appointment is set. Then when you go in for the appointment, they give you a list of documents that you must bring back to them in another 2 or 3 weeks. Their list include how many sheets of toilet paper you use to wipe yourself. it is a very difficult challenge for the prospective customer to outlast the banks demands. The saving rate of Bahamians has got to be the lowest in the western hemisphere. Instead of going through the long and tedious process of opening a savings account at the Bank, Bahamians go to the " web shops" to spin and lose their money, the way the government designed it to enrich their owners and politicians. Talk show host's talking bout local Bahamians opening businesses, seriously?? in the bahamas????? get real!!
I you are not one of the first 100 people to apply, then you all out of luck, because after the first 100 people (government members, family, lovers and friends) to get the free medicine, the medicine gone. As our great forgotten entertainer, Mr. George Symonette, used to sing, " Never mind the noise in the market, only mind the price of the fish". For some unknown reason(s), we keep minding the Noise In The Market and consequently pay dearly for the high cost of the fish!
Just think what the savings to struggling Bahamians would have been it all this effort have been applied several years ago instead of just before the general election is due to be called again. If it does happen the sustainability has to be questioned, as we all know how election promises are mostly Fantasies, as experience has too well taught us. Good to see that we are now getting space debris dumped on our beautiful God given Bahamas waters and lands and additionally other foreign country's excess cheap foods. It has never been better in the Bahamas???
Well, they are planning to destroy the Space Station, and now that there is a readily available dumping ground in the Bahamas your guess is as good as mine where all that debris will end up as well. That event should bring another several million tourists alone and a huge boost to our new "Space Tourist Industry". Fisherman will soon be catching two-hundred-pound toxic Grunts that will feed many of us.
I would believe that news like this involving Bahamians in other countries of concern should be investigated and edited to ensure readership clear understanding. One would be lead to believe that this person, committed a crime in another country and fled (escaped) to avoid detention by the country's local and international authorities. if there is knowledge of a detention order being issued, the order will have to state the reason for the detention. Having had some previous involvement in the then procedures of newsprint, every story to be published went through an editing process. Apparently not the case anymore??
Be transparent and disclose the origin of the eggs. The average price of one dozen eggs in the USA, the largest market in the area is $4,95 to $8.11 and they are not importing these eggs to retail at $3.79 per dozen in their market?
screwedbahamian says...
LOL- The assets were returned back to the debtors to reuse as collateral for new loans.
On Changing banks ‘switching from one devil for the next’
Posted 26 March 2025, 10:18 a.m. Suggest removal
screwedbahamian says...
With the lack of a quality Credit FICO scoring system, the consistently deposit amounts and frequently of deposits can tell a loan officer the credit worthiness of an individual and or business cash flow for the repayment of loans and credit risks.
When our banks cannot or fail to provide a customer acceptable period of time to open a savings or checking accounts it is a total dis-service to the public and a strong hold back of our economy.
Government should mandate a specific timeline (within 3 business days) for banks to set up appointments and open savings and checking accounts for individuals and local businesses with an annual audit report (by an independent credible auditoring company) verifying the timeline is being met or exceeded.
The penalty for not meeting the timeline should be the first offense should be payment of $1million and notification to the public, second offense $5 million with notification to the public and third penalty the license is revoked with notification to the public and noted in Parliament.
On Mitchell: No one wants to wait six months to open a bank acccount
Posted 26 March 2025, 10:10 a.m. Suggest removal
screwedbahamian says...
It takes 3 to 4 weeks to get an appointment to open an account at most banks on New Providence. The first question by the bank clerk is "how much you are starting the account with" before you will know if the appointment will be in 1 week or 3 to 4 weeks before an appointment is set.
Then when you go in for the appointment, they give you a list of documents that you must bring
back to them in another 2 or 3 weeks. Their list include how many sheets of toilet paper you use to wipe yourself. it is a very difficult challenge for the prospective customer to outlast the banks demands.
The saving rate of Bahamians has got to be the lowest in the western hemisphere.
Instead of going through the long and tedious process of opening a savings account at the Bank, Bahamians go to the " web shops" to spin and lose their money, the way the government designed it to enrich their owners and politicians. Talk show host's talking bout local Bahamians opening businesses, seriously?? in the bahamas????? get real!!
On Opening bank accounts likened to ‘pulling teeth’
Posted 20 March 2025, 2:48 p.m. Suggest removal
screwedbahamian says...
I you are not one of the first 100 people to apply, then you all out of luck, because after the first 100 people (government members, family, lovers and friends) to get the free medicine, the medicine gone.
As our great forgotten entertainer, Mr. George Symonette, used to sing, " Never mind the noise in the market, only mind the price of the fish".
For some unknown reason(s), we keep minding the Noise In The Market and consequently pay
dearly for the high cost of the fish!
On ‘160,000 to get free medicine’ under NHI
Posted 8 March 2025, 9:22 a.m. Suggest removal
screwedbahamian says...
Just think what the savings to struggling Bahamians would have been it all this effort have been applied several years ago instead of just before the general election is due to be called again.
If it does happen the sustainability has to be questioned, as we all know how election promises are mostly Fantasies, as experience has too well taught us.
Good to see that we are now getting space debris dumped on our beautiful God given Bahamas waters and lands and additionally other foreign country's excess cheap foods. It has never been better in the Bahamas???
On Trade chief pledges 60% slash in key food prices
Posted 8 March 2025, 8:49 a.m. Suggest removal
screwedbahamian says...
For sure, that luggage did not get lost!! But apparently the flight attendant did!
On Flight attendant $100k smuggling claim probed
Posted 8 March 2025, 8:32 a.m. Suggest removal
screwedbahamian says...
Well, they are planning to destroy the Space Station, and now that there is a readily available dumping ground in the Bahamas your guess is as good as mine where all that debris will end up as well. That event should bring another several million tourists alone and a huge boost to our
new "Space Tourist Industry".
Fisherman will soon be catching two-hundred-pound toxic Grunts that will feed many of us.
On Exploding SpaceX rocket drops debris on Bahamas
Posted 7 March 2025, 7:32 p.m. Suggest removal
screwedbahamian says...
I would believe that news like this involving Bahamians in other countries of concern should be investigated and edited to ensure readership clear understanding.
One would be lead to believe that this person, committed a crime in another country and fled (escaped) to avoid detention by the country's local and international authorities. if there is knowledge of a detention order being issued, the order will have to state the reason for the detention.
Having had some previous involvement in the then procedures of newsprint, every story to be published went through an editing process. Apparently not the case anymore??
On Bahamasair confirms incident involving flight attendant in Haiti
Posted 7 March 2025, 9:10 a.m. Suggest removal
screwedbahamian says...
Be transparent and disclose the origin of the eggs.
The average price of one dozen eggs in the USA, the largest market in the area is $4,95 to $8.11 and they are not importing these eggs to retail at $3.79 per dozen in their market?
On Customers egg-cited over drop in egg prices at Super Value
Posted 5 March 2025, 10 a.m. Suggest removal
screwedbahamian says...
Not even the air we breathe in the Bahamas is FREE? This is a post General election gift to scorch the conch one more time and appear united!!
On Christie’s role on Urban Renewal Authority will not be paid position
Posted 21 February 2025, 9:56 a.m. Suggest removal