Who using chocolate bank.

[AndroidComa]

My 20k inside also cannot withdraw. They just said bank maintenance and cannot withdraw until 6.01am 9mar. I hope is not bank run or rugpull but issues w dbs. I didn't had good feeling since few days back so withdraw some out but got limit and was busy forget withdraw remaining. Hope my 20k is safe omg.

just keep it till Monday la or withdraw to another bank? what's so bad that can affect chocolate over a weekend?

 

[Hyruga]

https://www.channelnewsasia.com/bus...lion-pay-2024-successor-sees-momentum-4980576

DBS Group paid outgoing CEO Piyush Gupta S$17.6 million (US$13.22 million) for 2024, up 57 per cent on year, as Singapore's biggest bank reported record annual revenue and profit.

DBS, Southeast Asia's largest lender by assets, also has "momentum", its incoming CEO Tan Su Shan said in the bank's annual report published on Thursday (Mar 6).

 

[lovemyself123]

This one sooner or later will turn out to be a disaster

just wait for when market crash confirm no money to return to customers

 

[AndroidComa]

This one sooner or later will turn out to be a disaster
just wait for when market crash confirm no money to return to customers

once they limit your daily withdrawal down from 20k time to zao liao

but they've been lowering their returns for a while now....

 

[lovemyself123]

once they limit your daily withdrawal down from 20k time to zao liao

but they've been lowering their returns for a while now....

Yup all those who went through all the crypto hodlnaut, celsius etc will know how it will all pan out eventually

 

[Emperor_Hippo]

No more AXS

https://sethisfy.com/nerfed-axs-stops-accepting-chocolate-card-for-payments/

Ah, come liao, come liao.

good luck to all on get rich schemes.

 

[Anghtj]

$9k plus and since 12.20am till now

I always withdraw immediate credit

 

[losthope00]

My funds still pending withdrawal

 

[EJB]

Using it for over a year ++ liao, when it was at 4.5%, shiok sia.

 

[charsiewmee]

My funds still pending withdraw

your account something wrong la. I just tried and I immediately got it.

 

[Carnesir]

chocolate finance funds are ringfenced in DBS as cusdodian. but that custodian bank got issue islandwide you chose to blame chocolate? not very wise.

then again, u need to know chocolate is not a bank so they cannot be SDIC, manage ur risk while you can.

i never allow my chocolate finance funds to be a substantial part of my cash holdings.

 

[losthope00]

your account something wrong la. I just tried and I immediately got it.

Aiyo is on sat early morning for issue. I don’t wish to repeat myself on thiss

 

[lovemyself123]

chocolate finance funds are ringfenced in DBS as cusdodian. but that custodian bank got issue islandwide you chose to blame chocolate? not very wise.

then again, u need to know chocolate is not a bank so they cannot be SDIC, manage ur risk while you can.

i never allow my chocolate finance funds to be a substantial part of my cash holdings.

ringfence does not mean they always have 100% of cash on hand to return you always

if customers give them 1million, they take 90% of that to invest and then have 10% as cash as safe liquidity
this is literally their business model
if that 90% invested crash and valuation drop and all customers withdraw at same time, they wont have anything to return as simple as that

 

[Carnesir]

ringfence does not mean they always have 100% of cash on hand to return you always

if customers give them 1million, they take 90% of that to invest and then have 10% as cash as safe liquidity
this is literally their business model
if that 90% invested crash and valuation drop and all customers withdraw at same time, they wont have anything to return as simple as that

That’s why they not bank cause bank and financial institutions are regulated differently.

like I said, I will never put more money in chocolate finance if intention of my money is capital guaranteed and liquidity.

if u still want guaranteed returns without absorbing some kind of risks, then its on you

 

[charsiewmee]

Aiyo is on sat early morning for issue. I don’t wish to repeat myself on thiss

Eh… your post 109# says pending w/d. Now is Sunday morning Le leh. Play with what u can lose. To me chocolate is low risk. Dyodd

 

[lovemyself123]

Eh… your post 109# says pending w/d. Now is Sunday morning Le leh. Play with what u can lose. To me chocolate is low risk. Dyodd

to me is high risk

 

[sacredrays]

very concerning if people still assume chocolate finance is a bank when it's clearly explained that it's not.

 

[leonaheidern]

My withdrawal till now haven’t get

they changed ruling

must put in $1 then can withdraw to the account you put $1 in from


Read HWZ Forum Rules!

 

[losthope00]

Eh… your post 109# says pending w/d. Now is Sunday morning Le leh. Play with what u can lose. To me chocolate is low risk. Dyodd

Yes. It’s low risk but if support is there and responsive then different things altogether. But their respond not just slow but super slow and say like no say so how would you trust such company

 

[charsiewmee]

to me is high

dyodd. No risk no gain. Small risk small gain high risk High gain.
Chocolate high gain to u??