In the sixteenth century it was the Provinces of the Netherlands that were the very firstones globally to introduce new financial instruments such as promissory notes and lifeannuities. This results in zero credit risk and immediateavailability of funds.” Zuurbier continues. Funds in accounts are not stored with another bank, but with the central bank we work with. “All Bitsafe accounts will bear a unique Dutch IBAN. Thanks to new European legislation, Bitsafe is now able toaccept customers from all over the world.”, says Joost Zuurbier, CEO at Bitsafe. “Residents of a given country are usually limited to opening a bank account with a bank intheir home country or region. The new Bitsafe accounts wereshowcased during the Benzinga Fintech Summit event that was held in downtown SanFrancisco, a mere stone’s throw away from the location where Bitsafe originally started in1998. Every Bitsafe account comes with a unique IBAN which allows sending and receivingpayments globally, including to and from the SEPA region. A Basic Payment Account works just like a localbank account.īitsafe account holders can make deposits, make payments and withdrawfunds. During the Fintech Week in SanFrancisco the Dutch fintech scale-up Bitsafe opened up registrations for its borderless BasicPayment Account to anyone in the world. SAN FRANCISCO, California – November 14th 2018.
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