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Message from Veem CEO regarding recent banking disruptions

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On March 10, 2023, California financial regulators shut down Silicon Valley Bank (SVB) and appointed the Federal Deposit Insurance Corporation (FDIC) as a receiver to protect customer funds.

I want to assure you that Veem remains operational and is ready to serve your payment needs. Veem maintains multiple banking relationships to ensure we can service your payment needs both in the US and Canada, as well as Cross Border Payments. We continue to rely on reputed banking partners across the globe to process payments including Citi and HSBC.

As always, we remain dedicated to processing your payments and supporting your needs. If you have additional questions, please reach out to us at [email protected].

Thank you for your continued trust.

 

Marwan Forzley
CEO, Veem

 

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* This blog provides general information and discussion about global business payments and related subjects. The content provided in this blog ("Content”), should not be construed as and is not intended to constitute financial, legal or tax advice. You should seek the advice of professionals prior to acting upon any information contained in the Content. All Content is provided strictly “as is” and we make no warranty or representation of any kind regarding the Content.

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