Fiat24 - crypto Swiss IBAN

[Cavendish]

russelw65 said:
Interesting. UK citizens allowed?
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Yes for a CH IBAN but no for a card unfortunately.

 

[vehzag]

Not possible to sign up
The web site is kicking you out when you approve the phone number, looks like it has many bugs, same thing with entering from mobile

 

[rss]

vehzag said:
Not possible to sign up
The web site is kicking you out when you approve the phone number, looks like it has many bugs, same thing with entering from mobile
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Worked fine for me

 

[Cavendish]

I looked at Fiat24 about six months ago and I liked the concept. I didn't sign up at the time but when @JohnnyDoe posted I looked again and signed up using the free NFT option. Re the mobile number I think I had issues too but it was simply due to entering the correct +country code format rather than the national version. Shame no card for me but interested to test more on the use of the CH IBAN.

 

[BarleyMalt]

I've been using it, it's not perfect as :
- They have rather high fees,
- You can only wire money to an account with the same name as yours
- There is no plastic card

That said, it's a decent offramp, you get an IBAN with your name.

 

[vehzag]

Really tried from several devices and could not register due to bugs.. it just kicks you out to the 1st step of registration every time automatically..

Last edited by a moderator: Nov 24, 2024

 

[JosephLL]

KYC includes selfie or video?

 

[JohnnyDoe]

JosephLL said:
KYC includes selfie or video?
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Video

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[jesuschrist]

Nice find! Their NFT account thing is a bit stupid, at least their service looks good.

 

[sebastian]

JohnnyDoe said:
They are also going to offer a Mastercard with a $1m monthly limit and $100k daily limit. Only for Swiss, HK, Sg and Chinese residents: https://docs.fiat24.com/products/mastercard-debit
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With a 1 million limit, it means you can make purchases in stores and online up to that limit. You probably can't withdraw 1 million from an ATM in a month, can you?

 

[JohnnyDoe]

sebastian said:
With a 1 million limit, it means you can make purchases in stores and online up to that limit. You probably can't withdraw 1 million from an ATM in a month, can you?
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I don't know but you have to be crazy to attempt something like that.

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[rss]

sebastian said:
With a 1 million limit, it means you can make purchases in stores and online up to that limit. You probably can't withdraw 1 million from an ATM in a month, can you?
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Pointless, you will be limited by the amounts of ATMs which will stop working after 1-2 consecutive transactions.

 

[JohnnyDoe]

rss said:
Pointless, you will be limited by the amounts of ATMs which will stop working after 1-2 consecutive transactions.
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Not to mention popo coming to you after all the red alerts they will receive, accompanied by nice snapshots of your face taken at various ATMs.

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[sebastian]

Yeah, you're probably both right, it's not a good idea. But then, why have such a high limit?

 

[JohnnyDoe]

sebastian said:
Yeah, you're probably both right, it's not a good idea. But then, why have such a high limit?
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Marketing?

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[Frankie]

Thanks for sharing!

Have you or anybody else tested it as offramp? Seems to be quite good.

 

[JohnnyDoe]

Their address verification system is idiotic, so I guess I will never be approved for upgrade over €1k per month.
You must reside and physically be present in an urban location included in their database. If you live in an isolated place in the countryside you stand no chance.

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[Forester]

JohnnyDoe said:
You must reside and physically be present in an urban location included in their database. If you live in an isolated place in the countryside you stand no chance.
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OMG. 😳

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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...

 

[brianK]

JohnnyDoe said:
https://fiat24.com/
Personal CH IBAN with SR Saphirstein AG.
Only for on-off crypto ramp, so fiat transfers are only allowed to/from your own personal account.
It connects to ThorWallet (and other wallets), can be used to get a Visa debit card: https://www.thorwallet.org/card

I have registered and obtained a virtual visa.
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Are you satisfied with their service?

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Winners never quit and quitters never win....

 

[JohnnyDoe]

brianK said:
Are you satisfied with their service?
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See above, my address can't be verified.

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