The Best Bank Account for Crypto Exchange
Once you’re ready to proceed with sourcing the best bank account for crypto exchange, GBO is here to assist. In Slovakia, full banking compliance is required for locals and foreigners alike. Current and corporate bank accounts are available. The best bank account crypto exchange depends upon your specific company’s requirements.
We are ready to discuss various bank account options with you. In Slovakia, current accounts are ideally suited to natural persons, even non-resident accounts. Corporate accounts are also available. We will walk you through the banking account procedures to ensure the best fit.
In Estonia, there are many crypto-friendly banks that will be happy to partner with your crypto exchange company. Estonian regulators have paved the way for smooth processing of cryptocurrency licensing. As a professional consultancy, we have an established history with reputable European banks across the board.
Crypto-friendly Estonian banks may be limited in number, but we can certainly point you in the right direction to get set up with the best bank account for crypto exchange and business operations
GBO Corporate Services consultants are waiting to hear from you. Contact us to schedule an appointment for your crypto company.
Best Bank Account for Crypto Trading
The best bank account for crypto trading is a combination of personal preferences, functionality, features, and processing capabilities. There are many crypto-friendly banks with full service operations available to crypto exchanges and crypto companies. GBO Corporate Services is adept at matching crypto trading companies and banks to ensure the best possible fit.
We deal with banking-related matters on a daily basis, with our own crypto-related business operations across Europe. We can point you in the right direction to ensure reliable transactions processing, low costs, and credibility. Many high-end banks already allow crypto-related transactions to be processed, including Barclays, Simple Bank, Allied Bank, Wirex, Change Bank, Goldman Sachs, and many local banking institutions in countries like Estonia, and Slovakia.
Some of the banks your crypto company will deal with are virtual banks, while others offer land-based operations too. The best bank account for crypto trading is one which gives you the most bang for your buck. Licensing is sacrosanct; we don’t work with banks that are not fully licensed to offer banking services to crypto trading companies.
For more information on bank accounts for crypto trading, contact a GBO customer service representative. We are standing by to take your calls.
Crypto Friendly Banks Europe
Europe is revered as a hub for crypto licensing and regulation, and the attendant blockchain-based technology infrastructures. GBO Corporate Services has been operational in Europe for many years. We know the industry, and the key players. The best crypto-friendly banks in Europe are receptive to introducing cryptocurrency into day-to-day operations.
Once AML and KYC measures have been accounted for, your crypto company can partner with forward-oriented European banks. Major digital banks certainly exist, but there are notable alternatives such as Wirex.
Generally, the following crypto-friendly banks in Europe will provide the services needed for crypto exchange companies:
- Mercuryo in Estonia
- Orounda in the UK
- Swissquote in Switzerland
- SEBA in Switzerland
- Solarisbank in Germany
- Sparkasse in Germany
- Agribank in Malta
- Bank Frick in Liechtenstein
- Mister Tango in Lithuania
This is certainly not an exhaustive list, since there are many local banks that we work with.
Contact GBO support to schedule a consultation regarding crypto friendly banks in Europe.
Crypto Friendly Banks UK
As a newly licensed and regulated crypto company operating in the UK, it’s important to partner with a crypto friendly bank in the UK as quickly as possible. Not too long ago, UK-based banks would block funds, or close accounts when they were used to withdraw money from crypto exchanges.
Crypto friendly banks UK operators allow you to use debit cards/credit cards to buy and sell cryptocurrency online. You can also cash out your funds from crypto-related investments, trades, or activities. With crypto friendly banks UK, you can also initiate wire transfers directly to crypto exchanges.
Several ranking crypto friendly banks operate in the UK, namely Nationwide, TSB bank, Standard Chartered, Royal Bank of Scotland, NatWest, and Barclays. Each of these established banking enterprises has come full circle vis-a-vis the importance of crypto in the world of financial transactions processing, exchange, and technological innovation.
Alongside High Street banks in the UK are many challenger banks – FinTech banks – that are fast coming into their own. We will put you in touch with the most appropriate UK bank for your crypto company.
Contact GBO for a consultation on crypto friendly banks in the UK. Our customer support representatives are waiting to take your call.
Crypto Friendly Banks 2022
2021 was another booming year for the world’s burgeoning cryptocurrency industry. With thousands of cryptocurrencies now populating the blockchain arena, several leading crypto friendly banks 2021 emerged, notably:
- National Bank of Canada
- Simple Bank
Each of these crypto friendly banks has proven itself to be dynamic, future-oriented, and fully functional for crypto exchanges and crypto companies the world over. These banks focus on different aspects of crypto businesses such as crypto exchange, savings and investments, or overall infrastructure services for blockchain-based technology systems. All of them are necessary components in the integrated blockchain ecosystem.
For more information on how to get started with banking services for your crypto company, contact GBO today.