World’s First Bitcoin Friendly Bank NextBank Announces Upcoming Launch Establishes ‘NB Formation Company’

Place/Date: Port Vila, Vanuatu - October 26th, 2015 at 6:19 am UTC · 2 min read
Source: NextBank

NextBank believes in a great future for Blockchain technology and the cryptocurrency revolution by planning to offer international Debit Cards, accounts denominated in fiat and Bitcoin, SWIFT transfers, an escrow service, currency exchange, and much more.

NextBank thinks about global business. They are against 3-5% charges for currency conversion. NextBank charges from 0.2% (popular currencies) to 0.4% (less popular currencies). Furthermore, NextBank is offering cryptocurrency and precious metals on single multi- currency accounts. Accounts will support over 135 currencies and precious metals. Bitcoin, Litecoin, USD, GBP, gold, silver, platinum and palladium in one account within one bank. Users will also enjoy up to 60 months without any storage fees.

NextBank is happy to assist clients in 50+ languages. Multi-language online banking will improve co-operation opportunities. Bank managers are ready to talk with customers in their language. NextBank is working for the needs of 21st Century customers. The global cryptocurrency banking platform plans to launch 7 offices worldwide in 2016: in the UK, France, Germany, Spain, China, Malaysia and Russia.

NextBank is making financial procedures less complicated for the Bitcoin community. The bank is offering private or business accounts for cryptocurrency operations. Users can open account in less than 90 minutes.

In most cases it will be enough to provide a passport, utility bill and fill out a short application form. Photocopies are accepted and originals are not required. After successful documentation upload, applicants will have a virtual interview (10-15 minutes). Clients will receive account details, online banking and a unique access code, to help generate one-time passwords before the end of the interview.

NextBank is independent from any financial institutions. Anyone has a great opportunity to take part in the cryptocurrency revolution and become a NextBank shareholder. One stock share price is $100. There are 250000 stock shares. As a result, investors will receive 1/250000 of NextBank profits. Dividends will be paid in fiat currencies or Bitcoin.

Furthermore, there are many different bonuses for shareholders. For example, priority account opening, priority application processing or up to 60 months free-of-charge banking.

Funding started in October 2015.