Who using chocolate bank.

[white_prince]

Writing to MAS

Its useless because already stated not regulated by MAS

 

[Visor9999]

Relax bro. Chocolate bank is regulated de

It’s dubious sounding name, regulated by who?

 

[swiftblade]

Is chocolate or ice cream

 

[Laguna123]

also money right. Maybe you transfer to me. It’s just $9k only

Huh why transfer you money? You siao is it?

 

[white_prince]

Yes, Chocolate Finance is absolutely legitimate! Chocolate Finance is a brand of Chocfin Pte Ltd (202347190R) and is a private limited company incorporated in Singapore. Chocfin is a Capital Market Services (CMS101452licence holder regulated by the Monetary Authority of Singapore.

https://www.chocolatefinance.com/faqs?id=is-chocolate-finance-legitimate&category=about

https://eservices.mas.gov.sg/fid/institution/detail/421453-CHOCFIN-PTE-LTD

Its not SDIC insured, if suay one day the money gonna be gone.
You can write to PM, also nothing MAS can do about it.

 

[bluezzy]

Many people thought wrongly that it is a bank but it is not

That's why the capital is not guaranteed esp if you have more than 30k inside

 

[HelloEllo]

Chocolate Finance is not covered by the Singapore Deposit Insurance Corporation (SDIC) because we are not a bank. Banks have SDIC protection because if the bank fails, your money is at risk. Chocolate operates differently. Your funds with Chocolate Finance are held separately by trusted custodians, HSBC and State Street, under the management of our fund managers, and are ringfenced in the event that anything happens to Chocolate.

 

[BusyBeeWorker]

They have never advertised themselves as a bank right? It's not SDIC deposit protected just like the broker firms.

 

[koreanlover]

$9k plus and since 12.20am till now

Minister only earn $9k plus a month???

 

[losthope00]

Don’t know will I get my money or kena scam

 

[articland05]

Don’t know will I get my money or kena scam

below 20k is instant leh
u trf wrong acct issit?

 

[huihong]

Only licensed by MAS, it is not regulated & not guaranteed by SDIC

an xi ba ts

money can earn back

 

[TerryPower]

My deposit and withdrawal usually quite fast

So far always from DBS to and fro

 

[losthope00]

Bad luck. Transferred during midnight and went wrong. Now still pending

 

[Tschuus]

CHEYYYY. More than 20k will take 3-4 business days lah. By next Thur evening you still haven't get it then you come back and panic lah.

Chocolate so lousy one ah?

 

[Emperor_Hippo]

My withdrawal till now haven’t get

CIMB bank lah.

all these chocolate lah, strawberry lah, pizza bank lah.... all new fangled nonsense.

 

[white_prince]

CIMB bank lah.

all these chocolate lah, strawberry lah, pizza bank lah.... all new fangled nonsense.

I know of a Panda digital bank opened by a singaporean in Cambodia lol…

 

[standarture]

They just using your funds for their own purpose.

 

[losthope00]

And is licensed by MAS so MAS got to be responsible

 

[ctan84]

Chocolate so lousy one ah?

Is to ensure sufficient liquidity. Right from the start they already got say.