Thanks but will your organisation have direct money transfer facilities to major banks such as HSBC, Barclays etc without intermediaries? Can we get money transferred in a day or two instead of 2 weeks and more?
Eterbase is aiming to get their e-money licensing to allow users to have a registered IBAN within the exchange. Ultimately, there will be no third party banks facilitating the fiat to crypto / crypto to fiat transactions.
They aiming to have the fastest processing service as possible on top of providing 24/7 customer support. Sometimes it also comes down to the 3rd party that is sending/receiving funds to and from the IBAN provided so they can't guarantee for the time needed for the money transfer to be finalized.
Ok but why do we need intermediaries? Surely if everything is licenced and meeting regulatory standards we can finally have exchanges that deal directly with the major Banks. I say this with a bit of annoyance at the moment not because of your organisation but I am sick and tired of waiting for my money to come from exchanges - Currently I have been waiting two weeks now for a withdrawal from Bitfinex. Everything shows as completed their end but no sight of my money anywhere. To make matters worse Bitfinex is ignoring my tickets - if anyone from Bitfinex is reading this - just have the common decency to tell me where our money is!!!!!!!!!!
Also last January - Kraken, CEX.io and Coinbase all failed to let me get my money out - all because of problems with their intermediary banks - I am sorry but this is just not good enough from the Exchanges - you are all making money so at least give us some customer service!!