Instead of stashing your gold bars in an underground safe, Bitsafe protects your cash, domains and other digital assets in one discreet account without compromising your true identity to others. Bitsafe understands that the world of finance is evolving.
#Bitsafe to bank account code#
Users can send and receive SEPA funds, send and receive SWIFT code wire transfers and also send checks to the U.S., like traditional bank accounts, he said.īitsafe is also taking part in the development of the European Instant Payment scheme, which will allow for payment transactions to be completed in 10 seconds or less across the SEPA region by the middle of 2019, according to the release. The European Union has recently adopted new legislation that allows financial institutions other than banks to open up Basic Payment Accounts for their clients. If you want to use their services you have to go by their rules. The company is also planning to launch a Bitsafe debit card.īitsafe spokesman Mike de Ruyter told Mobile Payments Today that Bitsafe customers can use an AI-enhanced mobile app, which can be used to make payments and deposit and withdraw funds and is available on Google Play or the Apple Appstore. Although Bitsafe accounts are denominated in Euros, plans are in the works to also show them in British pounds and U.S. He said Bitsafe accounts have a unique Dutch IBAN number, and a central bank stores the funds, allowing customers to access funds immediately. Traditionally, banks are only allowed to offer accounts to customers in their home country or region, however, Joost Zuurbier, chief executive of Bitsafe, said that new European legislation allows users to offer accounts globally. Bitsafe, a Dutch fintech firm, has launched a borderless basic payment account, which allows customers to deposit funds, make payments and access funds online or using a mobile device, according to a company press release.
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