Is there more information available about the Forty Seven Bank Exchange?
It is mentioned in the WP that the 47B will provide foreign exchange services including bank to bank transfers, does this mean I can send funds to 47B Exchange directly from my Bank?
That is an interesting point!
With my Bank account it takes to long to transfer FIAT to an Exchange.
When I can send funds from my bank to my 47B account and then to the 47B Exchange, it will be an advantage.
Yes that will be real advantage. Whitepaper mentioned about Transfers and Payments. It will be easy to quickly transfer resources from one fiat currency to another, or from fiat currency to a digital currency, or vice versa. So as per my understanding bank to bank possible but depend on the agreement between other banks and 47BK.
Here are Payment Processing and Invoicing related services mentioned at white-paper-
Forty Seven Bank will provide wide range of payment processing solutions to our business clients. E-commerce clients will have the possibility to easily accept payments on their web-pages, platforms, applications, games, etc. with easy to use and informative merchant cabinet/panel. They will have opportunity to accept payments in traditional fiat currencies via credit or debit cards
(Visa, China UnionPay, MasterCard, Diners) and direct bank transfers. Apart from that, entrepreneurs will be able to accept payments in digital currencies with support of the bank which will provide clearing procedures. At the same time, the bank will provide convenient and eective invoicing services. Having all these services provided by Forty Seven Bank, companies will have the opportunity to substantially decrease costs, increase eective-
ness of working procedures related to financial management and get access to wide audience of potential customers.
Anilg has mentioned here great information about payment procedure. But this information have to publish on social network also. Because lots peoples are participating like this ICOs but sometimes they are not reading white paper.