Introduction
In today's globalized financial landscape, converting cryptocurrencies into traditional funds for overseas businesses remains a significant challenge. Traditional banks often reject crypto-related transactions due to compliance risks, leaving investors with limited secure options. Bison Bank emerges as a pioneering solution—Europe’s first licensed entity bank authorized to offer cryptocurrency and fiat currency dual accounts. This guide explores its services, advantages, and streamlined开户 (account-opening) process.
Bison Bank Overview
Founded: 2001
Headquarters: Portugal
Regulation: Fully licensed under EU Central Bank oversight
Key Milestones:
- Only EU-authorized bank for crypto services
- Approved RMB clearing bank (CIPS) by China’s Central Bank
- Operates across Europe, Hong Kong, mainland China, and Africa
Core Services
- Multi-Currency Accounts: USD, EUR, offshore RMB
- Crypto Integration: Supports USDT/USDC conversions to fiat
- Global Transfers: Seamless cross-border payments
Why Choose Bison Bank?
✅ Dual-Account Innovation
- Manage crypto and fiat in one platform.
✅ Automated Efficiency
- Virtual Account handles batch transactions.
✅ Regulatory Compliance
- Fully licensed, reducing legal risks.
✅ Transparent Fees
- 0.3% for crypto-fiat conversions; no hidden costs.
✅ Global Support
- Multilingual customer service in 100+ countries.
Dual-Account Features
| Feature | Description |
|---|---|
| One-Click Setup | Open both crypto and fiat accounts simultaneously. |
| Instant Conversions | Swap between USDT/USDC and USD/EUR/RMB in real time. |
| Secure Transfers | Send/receive funds globally with encrypted transactions. |
Account Opening Requirements
For Individuals
- Passport copy
- Proof of address (utility bill/bank statement)
- Tax ID (if applicable)
For Businesses
- Company registration documents
- Memorandum/Articles of Association
- Director’s ID and address proof
Processing Time: 5–7 business days after document submission.
Step-by-Step开户Process
- Prepare Documents: Gather required IDs and business proofs.
- Submit Application: Online or via authorized agents.
- Verification: Bank reviews materials for compliance.
- Account Activation: Receive login credentials upon approval.
Fee Structure
| Service | Cost |
|---|---|
| Crypto-to-Fiat Conversion | 0.3% per transaction |
| Fiat-to-Crypto Reversal | 0.3% per transaction |
| International Wire Transfer | $65 per outgoing payment |
FAQs
1. Is Bison Bank safe for crypto transactions?
Yes—it’s EU-regulated and adheres to strict anti-money laundering (AML) policies.
2. Can I use Bison Bank without a business entity?
Absolutely. Personal accounts are available for individual investors.
3. How long do conversions take?
Most exchanges complete within minutes during business hours.
4. What currencies are supported for fiat accounts?
USD, EUR, and offshore RMB.
5. Are there minimum balance requirements?
Varies by account type; consult the bank for specifics.
Why This Matters for Crypto Investors
Bison Bank bridges the gap between decentralized and traditional finance, offering:
- Regulatory peace of mind
- Time-saving automation
- Global payment flexibility
👉 Explore Bison Bank’s services today to streamline your crypto-fiat operations.
Disclaimer: Always verify local regulations and bank policies before initiating transactions. For personalized assistance, contact Bison Bank’s support team.