Review on Grandcb

GrandCB.com, which on its website is referred to as "Grand Chase Bank," positions itself as a cutting-edge fintech and digital banking company that provides services like wealth management, blockchain integration, savings and current/checking accounts, and payment processing. Users are invited to register for several account kinds (savings, current, and checking) on its "signup" page.

But upon closer examination, GrandCB shows a number of warning signs and irregularities that strongly imply it is a fraudulent scam posing as a banking institution rather than a genuine one. Lack of verifiable regulation, domain age and registration issues, forum user allegations that withdrawals are banned or delayed, requests for upfront "security fees" or codes, and a general lack of transparency are some of the primary issues.

In summary, despite GrandCB's audacious claims to provide full-fledged banking services, the overwhelming weight of the evidence suggests that it is a scam rather than a legitimate bank.

More Details

1. Unverified Regulation & Licensing

No credible information is available showing that GrandCB is registered under any recognized banking regulator (e.g., central bank, financial authority) in any jurisdiction. Banks must operate under permits, disclose oversight bodies, show regulatory audits, and be subject to compliance. GrandCB fails on all these fronts.

2. Domain & Age Inconsistencies

The domain appears to have been registered recently (Dec 2023), while the site's narrative suggests a history of operations. This mismatch is typical of fraudulent sites constructed to appear old or stable without real track record. 

3. “Pay to Withdraw” / Security Fee Tactic

A strong hallmark of scam banks is requesting users to pay an additional fee — sometimes called “security code”, “KYC fee”, “unlock fee” — before funds can be released. Victims are often told that the fee is refundable or will be credited back once withdrawal is processed. In reality, once that fee is paid, the scammers often vanish or block further action. Users on forums report exactly this kind of demand in connection with GrandCB. 

4. User Complaints of Withdrawal Denial / Delay

Multiple users report that withdrawal requests remain pending or ignored. Some claim no response from support, or repeated “delays” with no resolution. This is a red flag when dealing with any “financial” site. 

5. Community Warnings & Crowdsourced Doubt

In communities like Reddit, cautious voices warn others that GrandCB is likely a scam. For example:

“This site has only been registered for only a year, while they claim to have been in business for ten years. This is a scam.” 

Moreover: “No bank requires you to pay for a withdrawal … this is a scam.” 

These crowd-sourced warnings align with other red flags and serve as corroborating evidence.

6. Absence of Independent Validation

No credible news outlets, industry analysts, or financial oversight bodies appear to have covered GrandCB’s operations. A real bank launching services typically draws regulatory filings, press coverage, or user reviews in banking media. The absence of that implies low legitimacy.

7. Identity / Data Harvesting Risk

By encouraging users to sign up, provide identity documents, bank account details, and possibly deposit funds, the site could use this information maliciously (identity theft, phishing, data sale). The onboarding is likely a trap rather than a legitimate vetting process.

Taken together, these factors overwhelmingly support the classification of GrandCB / Grand Chase Bank as a scam operation — not a real, reliable online bank.