Message to our clients:

Dear Valued Clients,

We want to update you on the ongoing process of Standard International Bank’s (“SIB”) receivership and liquidation.

As part of the liquidation process, the validation phase has commenced and will continue until October 31, 2024. We are ready to begin disbursing proportionate funds to those clients who have completed the validation process and signed the settlement agreement. We have sent an email with a secure link (https://idme.standardintbank.com/) to access an online application, and we have also placed a link on the bank’s website. Accurate and up-to-date information is vital to ensure that there are no delays or issues with your disbursement.

Please be advised that the claiming and validation process will close on October 31, 2024. Any depositor who has not claimed their balance or started the validation process before this date will not be able to claim the funds thereafter.

We would like to express our sincere gratitude for your patience and understanding throughout this difficult situation. We remain committed to transparency for all our clients and dedicated to ensuring that this process proceeds in the most efficient manner.

We understand that this communication may raise questions and/or concerns. If you need additional information to clarify this or any other matter, you can reach our client support team at info@standardintbank.com.

Sincerely,

Driven PSC

As Receiver for Standard International Bank LLC