Creditnet Bank Internationale

[Niseag]

or better key tested telex is still used for documentary LC's and such banks which have shared or only a couple of hours a day SWIFT address, such as you find with smaller banks in poorer countries, all money center banks still have telex and a key machine assisted computer which does the telexing.

[Niseag]

for example
Bank of America NYC telex is: 232037
American Express Bank telex in NYC is: 421044
Citibank NYC telex is: 420392
Deutsche Bank NYC telex: 62922

these above are for correspondent banking

[David Cheever]

The crime prevention will have a great time monitoring fraudulent KTTs from the real ones.

[Niseag]

it's actually pretty easy as none of the people talking about KTT seem to know how it is actually done and worded, all the forms and wording I have seen so far from brokers are in no way even close

[gni.compliance]

Creditnet has formed an IBC called COMMERCIAL DEVELOPMENT BANK see link
http://cdbank.biz/

They have in the last 2 days sent out Fraudulent KTT MT 103 transmissions for 500 Million Euros x 2.

BEWARE as it will cause enormous grief with your Bank should you receive Fraudulent KTT's.

gni.compliance

[Templar]

Dude gni.compliance

Thanks for the heads up.