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Swiss private Bank-boutique Falcon Private Bank has introduced for private and institutional clients the opportunity to make direct transfers in bitcoins, Bitcoin, Cash, Litecoin, and Ethereum, as well as keeping scriptactive in the vaults of the Bank and convert them in Fiat money.

Thus, cryptocurrencies are fully supported by the Bank’s assets and will take into account in its portfolio and tax reporting. The Bank intends to strictly adhere to the policy requirements of AML/KYC, follow the requirements and recommendations of regulators and to ensure the security of data and tools at multiple levels with the help of special equipment and software.

Has been reported to participate in the promotion directly via e-banking or through a personal Manager.

Recall that Falcon Private Bank has started to provide clients with asset management in the Ether, Litecoin and Bitcoin Cash since August of last year. The first Bank in Switzerland began to run bitcoin-assets, having received authorisation from the Swiss Agency for supervising financial markets (FINMA).

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