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#Bitsafe konto free#

They would need an active email address, a Ukrainian form of ID and a mobile phone.

New applicants may visit to apply for an account. "With our unique KYC and transaction monitoring systems in place we are positive that we can provide the benefits of opening basic payment accounts to the displaced persons from the Ukraine, while staying fully compliant with the EU and Dutch AML/CFT laws." "Bitsafe follows a risk-based approach when providing our services and we take advantage of the flexibility enshrined in EU anti-money laundering and countering the financing of terrorism (AML/CFT) laws", Mr. Bitsafe ensures that, in line with the Payment Accounts Directive (2014/92/EU), displaced persons from Ukraine have access to open and use payment accounts which will provide them with basic payment services. On 4 March 2022, EU Ministers activated the Temporary Protection Directive (2001/55/EC) which introduced temporary protection and support to persons fleeing Ukraine as a consequence of the war.

#Bitsafe konto free#

Once there is money in the Bitsafe account, the free debit card allows them to immediately engage in transactions and start buying food, clothing and other necessary products and services which we all deem to be a normal necessity to live and work in the European Union."īitsafe answers the call of the European Banking Authority, made earlier this month, to facilitate access to basic payment accounts. But we know and understand that the majority of the Ukrainians have an understanding of basic English. However, the Bitsafe App and the monetary web interface are both in English. "We have launched a special website, in the Ukrainian language, to cater for the Ukrainians who are residing here in Europe. You may not know this but Multi-currency cards are super easy to use and will give you a substantially better exchange rate than banks with no hidden fees."New account holders are boarded in a few hours, sometimes even in minutes", says Leif. Help with restrictions on payment services that are not available in certain countries.Avoiding personal information being exposed using external payment providers.Stopping accounts being shut down and money seized by Paypal, Stripe, CashApp, and Venmo due to the nature of the business we are in.

It’s important to realise why we have introduced KinkCoins and the benefits it provides for our members. We appreciate the effort to set this up initially takes a bit of work but once set up all future payments will be quick & seamless.

Spend directly with the Free bank card that comes with the account.

Converting from EUR to your desired currency and transferring the funds to your main account.

Then at this point, you have 2 options to manage your money which include

Then choose ‘SEPA transfer (EUR)’ and use the EUR IBAN to withdraw directly to your account.

Log into Bitsafe and select ‘Transfer Money’.

Find your EUR Account Number (IBAN) within your account.

Create a multi-currency account ( Transferwise, Revolut).

Not to worry there is a solution that you will only need to set up once & will only cost 75c per withdrawal. Update: If you have a GBP account you can initiate a 'SEPA transfer' directly to your UK bank account (there may be a small conversion fee charged by your bank). Great!īut then, when you try to withdraw these to your account from Bitsafe you realise that unless you already have an EUR or USD account you will need to pay a large fee (€25) to withdraw your funds which basically wipes out most of your profits. So, you have made some sales and received some KinkCoins from your loyal customers, YAY! Then you request a free withdrawal from ATW/MTW to your Bitsafe account and receive your dollars in Bitsafe.