Crypto Friendly Bank to Open an International Bank Account13 min read
Reading Time: 5 minutesIn today’s globalized world, having access to an international bank account is essential for both personal and business needs.
Whether you’re looking to invest in overseas opportunities, send money abroad, or run a multinational business, an international banking solution can help you manage finances across borders efficiently. With the rise of cryptocurrencies and digital assets, finding a bank that supports both traditional and crypto banking is even more important.
Enter The Kingdom Bank – a leading digital bank that enables clients to open international bank accounts with crypto-friendly capabilities.
As one of the few fully licensed and regulated offshore banks catering to the new digital economy, The Kingdom Bank offers a unique blend of traditional and cryptocurrency-based financial services under one roof.
In this article, we’ll take a closer look at why The Kingdom Bank is the premier choice for those seeking a crypto-friendly bank to open an international bank account.
We’ll explore The Kingdom Bank’s offerings, licensing, key features and how it facilitates modern international banking with a crypto-first approach. By the end, you’ll understand why The Kingdom Bank has earned its reputation as the top option for international online banking globally.
Which Bank is the Most Crypto Friendly for Business?
While major traditional banks are slowly warming up to cryptocurrencies, many still consider digital assets as risky and remain reluctant to openly serve the crypto community.
For businesses dealing heavily in cryptocurrencies, this poses challenges for day-to-day banking needs as basic services like corporate bank accounts, payment processing, and international transactions are not always fully supported by conventional banks.
This is where a specialized crypto-friendly bank holds significant value. A bank tailored for the crypto economy understands the unique compliance, tech infrastructure and liquidity requirements of crypto businesses. It can provide seamless banking and payment rails specifically designed to accommodate digital assets.
After analyzing multiple options, The Kingdom Bank emerges as the clear winner for being the most crypto friendly bank suited for businesses.
As a fully licensed and regulated digital bank, The Kingdom Bank does not see cryptocurrencies as risky investments but rather opportunities that fit well into today’s global digital economy.
Best Crypto Friendly Bank to Open an International Bank Account
When opening an international bank account, there are several key factors to consider such as licensing & regulation, supported jurisdictions, account features, payment methods and cryptocurrency capabilities.
Let’s explore why The Kingdom Bank ranks highest across these important benchmarks making it the best crypto friendly bank to hold an international banking account:
Licensing & Regulation – The Kingdom Bank has a Class A Banking License from the Commonwealth of Dominica’s Financial Services Unit, ensuring strict compliance with global AML/KYC standards.
Jurisdiction Coverage – Clients can open and access their bank accounts from over 180 countries globally with no residency restrictions. This unprecedented geographic reach is unmatched by competitors.
Account Features – Multi-currency Wallets with USD, EUR, GBP, JPY, CHF & cryptocurrencies. Plus features like free wire transfers, payment cards, POS terminals, custom APIs and multi-signature security.
Payment Methods – Accepts bank wires, debit/credit cards as well as stablecoins and other select cryptocurrencies for deposits and withdrawals. Integrates seamlessly with both crypto and fiat payment networks.
Cryptocurrency Services – Provides advanced crypto trading, lending, custody and staking capabilities with direct access to major exchanges. Also offers OTC liquidity for large crypto transactions.
This well-rounded international banking experience combined with deep crypto integration is exactly what makes The Kingdom Bank the top choice for anyone seeking a crypto friendly bank globally.
It delivers all the traditional account facilities along with the most progressive cryptocurrency services under one roof.
Crypto Friendly Banks in Europe to Do International Banking
For those based in or frequently conducting business across Europe, having a European international bank account is highly practical. The continent boasts a developed commercial infrastructure that makes European banking especially conducive for cross-border financial flows.
However, not all European banks are as progressive on cryptocurrencies as The Kingdom Bank. Many either do not accept digital assets at all or have rather restrictive policies around them.
This is where looking for an offshore crypto friendly bank with a European identity comes in handy.
As a registered bank in the Commonwealth of Dominica, The Kingdom Bank is considered an offshore institution.
But it also holds a European Base Erosion and Profit Shifting (BEPS) complaint certification. This means The Kingdom Bank meets all relevant EU directives, has economic substance in Europe and qualifies as a European equivalent bank.
What’s more, as a licensed Financial Institution with the Financial Services Regulatory Authority in Gibraltar, The Kingdom Bank is fully regulated under EU law. Clients thus enjoy the same protection, rights and liquidity access across Europe as with any domestic bank.
With its European identity and global licensing, The Kingdom Bank combines the expanded scope of offshore banking with the solid infrastructure found within core European markets.
This makes it the premier choice for international account holders focused on international banking opportunities in and around Europe.
Crypto Transactions with International Banking Account
Opening an international bank account with a crypto friendly bank like The Kingdom Bank simplifies managing and transacting both cryptocurrencies and fiat currencies globally.
Let’s explore some key ways this enhanced The Kingdom Bank account facilitates crypto transactions across borders:
- Wire transfers – Send and receive BTC, ETH or USDT between your local The Kingdom Bank wallet and counterparts anywhere in the world seamlessly.
- Payments & POS – Pay online merchants directly with crypto using your virtual or physical The Kingdom Bank cards. Accept crypto payments even at retail via supported POS terminals.
- Trading – Trade over 50 cryptos against fiat on The Kingdom Bank’s in-built exchanges while leveraging your onboard bank account for quick deposits and withdrawals.
- Yield Earning – Earn competitive interest by lending stablecoins or depositing select cryptos via The Kingdom Bank’s automated lending protocols.
- P2P Exchanges – Buy and sell cryptos from verified peer-sellers globally while enjoying an escrowed trading environment and local banking support.
- Stablecoin Transfers – Move USD, EUR or GBP stablecoin holdings across borders instantly at minimal costs using underlying blockchain networks.
With these unique crypto finance capabilities, The Kingdom Bank truly empowers individuals and businesses with a seamless bridge between both traditional and decentralized finance through a single international banking account.
Best Digital Bank to Do International Banking with Cryptocurrencies
Having reviewed all major options, The Kingdom Bank stands out as the premier digital bank for conducting international banking operations smoothly alongside cryptocurrency activities.
As the financial world continues transitioning digital, The Kingdom Bank remains well ahead of the curve to support this ongoing evolution.
Considering today’s globally connected economy powered by both established finance and emerging cryptographic innovations, having a single banking partner well-versed in both spheres is immensely strategic.
The Kingdom Bank fulfills this role ideally by offering a fully-integrated wealth of financial products and services under a strong regulatory framework accepted worldwide.
From opening multi-currency international accounts in minutes, to facilitating payments and exchanges across over 180 jurisdictions – The Kingdom Bank makes global banking, investing and value transfers borderless,fast and secure both on-chain and off-chain.
Advanced tools like currency exchange, wire transfers, lending protocols, crypto staking and exclusive partner benefits further optimize the overall experience.
For serious entrepreneurs, traders, investors or savers looking to freely tap limitless worldwide opportunities in both traditional assets and cryptocurrencies through a single provider – The Kingdom Bank offers a future-proof solution ideal for all modern cross-border financial needs.
It remains the benchmark digital bank and clear leader for advanced international banking immersed in the crypto economy.
