Citowise, a crypto payment company, recently announced that after many tests and hard work of its developers, it has completed the first stage of their new crypto payment platform for corporations.
With this solution, corporations can acquire a ready-made crypto-friendly bank-account in 4 jurisdictions: England, Cyprus, Marshall Islands, and Northern Ireland. Citowise plans to expand to more area, but they started with these countries as they cover a significant market share.
The service can be accessed at corporate.citowise.com
Steps
- First, choose the jurisdiction that suits you best. Each country has its own advantages and disadvantages, so become aware of all features of each jurisdiction before you choose. You can find more detailed information in the Corporate FAQ section.
- Then you need to pay for the reservation in cryptocurrency and start the KYC procedures.
When all documents are verified and confirmed, you will receive a notification and documents will be sent to your specified address.
SEPA & SWIFT Wire Payments
Citowise will allow you to save money on local and global transfers by using crypto-friendly bank accounts.
EUR IBAN Account
Users will be able to have their EUR IBAN account under an individual or legal name to receive and send money.