Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 💠 FORTY SEVEN BANK 💠 – Connecting Financial Worlds
by
icotokens
on 08/10/2017, 14:50:10 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.
Will clients need to understand cryptocurrencies?