Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 💠 FORTY SEVEN BANK 💠 – Connecting Financial Worlds
by
FortySeven
on 06/10/2017, 12:05:30 UTC
UK bank? Will it be multicurrency?

Yes, our customers will be able to have bank accounts in different fiat currencies like USD, EUR, etc.
Thanks a lot for your reply. When do you guys plan to launch? Do you have experience to be able to meet the licensing requirements? A bank is not a lemonade stand...

Thanks for your question!
We are planning to launch as Electronic Money Institution (EMI) and Payment Institution (PI) in August, 2018 and we are planning to get a banking license in June, 2019. Our team has relevant successful experience in creating financial technology products that have received official licence from Financial Conduct Authority (FCA) in the United Kingdom.