TO OUR VALUED CUSTOMERS:
We have received numerous requests from you about withdrawals from your accounts and our response to you is that we are working on it.
We have requested permission from the Board to allow our stores to open during Bank hours, for withdrawals and deposits only, so that we can accommodate you.
They have stressed throughout our existence the need for us to follow FATF, KYC and Money Laundering guidelines because we are essentially bank-like. So why the difference now. Banks hold money for you and we hold money for you. IT IS YOUR RIGHT TO HAVE ACCESS TO IT. We estimate that the licensed operators are holding about 1 million dollars on account for their patrons.
We outlined to them that many of you are laid off now and may desperately need your funds for food or other necessities. They have not approved. Instead, they seem comfortable to allow Operators to devise their own illegal, anti-responsible means to somewhat accomplish this end.
CHANCES has 77 stores throughout The Bahamas. We are holding funds for persons in all of these communities. And we want to make those funds available to you.
You can help. You are not powerless. Contact your MP, Senator and /or Minister and tell them:
ITS MY MONEY AND I WANT IT NOW
We in the meanwhile will continue to try to make this happen.
Please stay Safe.
MANAGEMENT
