Swiss Residents are Officially Welcome at SEBA Bank AG for Both Traditional and Digital Assets

SEBA cryptocurrency bank, SEBA Bank AG (was SEBA Crypto AG), a top-down regulated institution launches professional investor and enterprise client services.

On Tuesday, November 12, 2019, Zug-based bank, SEBA Bank AG officially opens its doors to Swiss clients. Having attained the FINMA banking license in August, and undergoing a one-month test phase, the inauguration makes it possible for clients to consider the bank for all purposes: traditional and digital assets.

As per the SEBA press release, targets of interest include not only banks, asset managers, pension funds and private investors, but also Swiss-based blockchain companies. The latter will be offered a segment of the services which are tailored specifically for their needs.

Speaking regarding this milestone is the CEO of SEBA Bank, Guido Buhler, who expressed honor in being able to establish a bank in a matter of 18 months by raising CHF 100 million (USD$100,456,900) from investors.

Here’s as per Buhler:

“We are on track towards creating a new banking experience and redefining the customer-bank relationship. Our customers should be able to take full advantage of the opportunities offered by the new asset classes without having to sacrifice security.”

Since April 2018, SEBA Bank has invested in a number of endeavors involving technologies and security for the overall safekeeping of digital assets. Customers can also get access to SEBAwallet app, E-banking and the SEBA Card – all of which support Bitcoin [BTC], Ether [ETH], Stellar [XLM], Litecoin [LTC] and Ethereum Classic [ETC] and help with bridging the gap between traditional digital currency.

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Nirmala Velupillai
Nirmala Velupillai
Nirmala is a blogger who has been fascinated by the world of technology and its contributions to societal development. While a novice, her eager to learn about the crypto world has led her to write a number of pieces on its positive and negative aspects. On her spare time, she indulges in understanding and building statistical models and enhancing her painting skills.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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