Banks that has crypto integrated (crypto friendly)

[elementosx55]

Hi,
I wanted to create this topic to talk about Banks that has crypto integrated where you can buy Bitcoin/crypto inside it , so please , share here you experience.
I wanted to start with Migom bank , I think its great bank , located in Lithuania , secure.. cons?Maybe for people who want to use annymously not reccomended because docs needed.

 

[JohnnyDoe]

Migom is a Dominica bank with an EMI license in Lithuania.
Nuri in Germany is a good bank with crypto integration.

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[Sols]

Swissquote, SEBA, and Sygnum have closely integrated crypto channels. Might depend on what you need exactly but worth checking out.

elementosx55 said:
I wanted to start with Migom bank , I think its great bank , located in Lithuania , secure.. cons?Maybe for people who want to use annymously not reccomended because docs needed.
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JohnnyDoe said:
Migom is a Dominica bank with an EMI license in Lithuania.
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Migom Bank is based in Dominica, where they are licensed under Other Financial Entities. Other Financial Entities - Financial Services Unit

They provide Lithuanian IBAN through a partnership with a Lithuanian EMI. It not their own EMI license.

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This is the probably the answer to your question.

 

[aage]

does Nuri has IBAN transfers which work fast? you have been a customer with them for a long time?

 

[JohnnyDoe]

aage said:
does Nuri has IBAN transfers which work fast? you have been a customer with them for a long time?
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Usually IBAN transfers from Nuri are received within 24h.

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[boomy]

That's not bad, a shame they don't offer business accounts.

 

[Martin Everson]

Revolut Bank smi(&%

Ok you can't transfer the crypto in and out in normal way but you can buy and sell and go in and out of cash with no hassle.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[JohnnyDoe]

Martin Everson said:
Revolut Bank smi(&%

Ok you can't transfer the crypto in and out in normal way but you can buy and sell and go in and out of cash with no hassle.
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I wouldn't touch crypto with Revolut, they close accounts too easily.

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[Martin Everson]

Bank Frick

Big boy bank though 😕.

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[burden]

They are not good or what do you mean with that?

 

[Sols]

Bank Frick says they want at least 500,000 CHF but in reality it takes at least a million to really make them interested. They know they are one of the most popular ”” if not the most popular ”” bank for crypto business.

Once you're in, Bank Frick is overall excellent at what they do.

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This is the probably the answer to your question.

 

[burden]

OUCH That's a lot of money to get an account. But for a large corporation or wealthy person it's pocket money!

 

[Martin Everson]

burden said:
OUCH That's a lot of money to get an account. But for a large corporation or wealthy person it's pocket money!
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That is what I meant by "Big boy bank" 😉. Not for small kids

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[JohnnyDoe]

Martin Everson said:
Bank Frick

Big boy bank though 😕.
Click to expand...

Rejected for unknown reasons 🙁
Which is good at the end, as I get the same services elsewhere at much cheaper prices. 😛

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[elementosx55]

JohnnyDoe said:
Rejected for unknown reasons 🙁
Which is good at the end, as I get the same services elsewhere at much cheaper prices. 😛
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Where for example? I need to be like Migom, EU Iban, u can deposit EUR there ,withdraw them or with EUR buy crypto in ur account and withdraw crypto

 

[JohnnyDoe]

elementosx55 said:
Where for example? I need to be like Migom, EU Iban, u can deposit EUR there ,withdraw them or with EUR buy crypto in ur account and withdraw crypto
Click to expand...

I mostly use Cryptocurrency Trading Service, Concierge OTC Trades | Rockwell OTC to convert fiat to crypto and binance for crypto trading

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[lavel]

I use kraken to my personal high street bank, have done it since 5 years never got any questions.

 

[maxmoney]

Kraken to Wise has been working fine for me over the last years.

 

[Meta]

DBS in Singapore has something: DBS Digital Exchange
Apparently only for those with "accredited investor" status in Singapore, which requires S$1M in financial assets / S$300K income in last 12 months.
Fees mentioned are 1% per trade, if I get it correctly, which is expensive.

Anyone knows any details?