Anyone tried https://fvbank.us/ ?

[JohnWayne]

Hi, I am looking for some experience with Fvbank. It's a scam similar to Euro Pacific Bank?

Features of Fvbank:
- No CRS (Headquartered in Puerto Rico)
- Manage crypto & money in one place (Cryptocurrency Gateway)

Thanks

 

[uplana]

That's a nice hint... don't know them, wonder if some of the experts will shim‌ in.

 

[JFP]

yes, working well, though online platform is still basic (still launched not long ago).
Confirmed they are crypto friendly (transfer in / out), but crypto directly accessible on the bank‌ website not yet available... they are working on it.

Only have a personal account with‍ them. Didn't asked for a corporate account due to relatively high opening/maintenance fees for corporate.⁠

 

[uplana]

They are brand new? that may be a hold to put large amounts through them!‌

 

[Piano]

How long are they in business ?

how quick where⁣ you able to open personal account ?
which documents are required for this ?

 

[JFP]

Couple of years I think.

Took a few weeks, not too slow compared to other similar‍ banks.

I can't remember about the documents but it was straight forward, nothing unusual.

 

[Piano]

thanks
No IBAN account numbers available for euro wires ?⁠

 

[JohnWayne]

How do you transfer cryptos if it is not website⁣ available?

 

[RobertNozick]

I'm using FVBank as a personal account to receive money from my US LLC. So‌ far no problem, support is very helpful and commissions very low.

 

[lostguy]

Thanks for the review, will head over and test.

 

[Cryptohodler]

How many figures did you transfer to/from crypto exchanges through⁣ them without a hitch ? Did they hassle you for source of funds etc ?⁢

 

[RobertNozick]

They recently added support for direct USDC deposits:

 

[Cryptohodler]

Do they allow to buy stable coins directly through them ?

 

[RobertNozick]

Yes you can mint USDC from your bank balance and transfer out.