Prominence Bank writes to say:
it looks as if there are a lot of competitors that are unable to offer decent service so they are critical with those that can.
Isn't that interesting? I have been a very happy customer of IceGold, which Paul Vahur works for. I've met Paul in person in Las Vegas at the Foundation for Economic Education Festival in May 2002. He seems like a good guy.
Yes our internet service is new but we have been around for over 14 years.
That's fascinating, since the domain name is new in February 2003. I'm curious why a bank with 200 personnel and presence in three countries would avoid having Internet presence from 1989 to 2003. I recall sending my first e-mail in 1978. One can hunt up posts to sci.space newsgroup on the archive sites which include my ancient (1983 vintage) MCI Mail account. I just want to say "golly." <smile>
we are virtually open 24 hours a day (m-f).
Cambist.net is not open 24 hours a day. We do offer service most days of the week, but even Homer nodded.
Secondly it should never take longer then this anyway.
Some exchanges take longer than others. Certainly, due diligence takes time. I'm amused by the thought of a big, 14-year-old bank with offices on three continents providing exchange services for e-gold and evoCash without doing any of the traditional "know your customer" stuff that banks have gained notoriety by fixating upon.
Yes our service fees are low, why is this a problem?
If one takes e-gold and performs no exchang, then one can offer a very low fee.
Paul Vahur writes:
I know that when Jim Davidson's speaks up on matters like this, he does quite thorough research on the matter.
Thanks Paul!
Prominence sez:
Our bank licenses are in the Netherlands, Austria and Belize.
That's fascinating.
We are certainly not going to list off our reg names and address on this forum.
Cambist.net Exchange Service 5300 N. Braeswood, Suite 394 Houston, Texas 77096
Come on by and set a spell.
We do not work on a loss as our transfer service is only a very small part of our business.
Apparently it is the less prominent part. <smile>
Unlike most of the exchange services which or often run by a one man team we are an established network and as a result we are able to offer lower fees with better service.
I find this notion strange. I learned in business school that a company has to provide for contribution to overhead and profit. If overhead includes 200 staff, that would be harder to handle than if overhead included only 3 staff.
One can learn more about the individuals involved in Cambist.net by visiting http://goldbarterholdings.com/principals.cgi
I wonder where one might go to see details on the people behind Prominence Bank?
Actually we not sure why you decided to attack us now.
I'll say that I have decided to comment upon your claims in an attempt to help the community of e-gold forum readers evaluate whether they wish to have their exchanges performed by you. I do stuff like that, as part of the process of getting across the concept that Cambist.net is part of the digital gold scene, we are here to stay (I've had an e-gold account since 1998) and we're eager to create long term relationships with our customers and competitors.
We have been advertising on this forum since we started accepting e-gold and evocash and there has never been a bad comment against us here or anywhere else.
Due diligence takes time. Which, you would know, if you were a banker for 14 years.
Jim Ray, who moderates the e-gold discussion list points out:
around here this [refusal to provide an address] constitutes an *enormous* red-flag.
Nick of e-Fidex is someone I know and trust. I think we've done some pretty good business together in the past. I have one of Nick's Maestro cards in my wallet, for fun and profit.
Nick writes:
I personally know all 7 offshore banks licensed in Belize. And Prominence Bank is not one of them. Taken at face value, therefore, the claim to be licensed in Belize must be fraudulent.
Well, there it is, folks. Nobody asked Prominence Bank to come here and claim to be licensed in Belize. They done it all by themselves.
As a result, I am persuaded not to take at face value the option of converting e-gold to dollars using Prominence Bank's offer of 1%. Keep in mind that if such an offer were really true, I'd be interested in using such a service from time to time. So might Cambist.net.
I admit that I haven't paid the international long distance fees to phone up the Belize Central Bank because I find Nick to be a steadfast fellow.
Prominence Bank claims:
We do not need to prove ourselves on this forum
I find that...bizarre. Why post claims on this forum if you don't respect the readers enough to validate the claims you make?
Jacquelyn Becker posts, ostensibly from [EMAIL PROTECTED] which looks like a throw-away Yahoo e-mail address, that she's a happy customer of Prominence Bank.
"She" writes:
Anyway, I just though I should put my two cents in here as it seem someone is out to get them in this post.
But, of course, nobody is "out to get them". For my own part, if I had any reason to trust them, I might use them to perform some exchanges. So might Cambist.net, which did over $2 million in exchanges last year. Trust is earned, it is not useful to just give it away like candy. Prominence has not earned my trust, and Jackie Becker's comments do not provide trust since I have no reason to trust her.
Mark Jeftovic does not get the digest version of this list, so he was able to establish that:
Interestingly, both Jacquelyn and Prominence Bank are posting from the web based listserv page (while everyone else posting seems to be doing so from their own local mailer clients).
I always find co-incidences like that interesting.
Thanks to [EMAIL PROTECTED] for the domain data posted to the list.
And that, my friends, is where I wish to leave it.
Regards,
Jim http://cambist.net/
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