FortySeven bank is innovative and flexible bank that will provide multi-currency wallet to forty Seven Clients. With these type of Bank Customer can easily monitor current balance, easily send and recieve digital currencies, request history of payment transaction.Like what we usually do with flat currencies. It will be easy and secure.
Forty Seven Bank will build a bridge between cryptocurrency world and traditional monetary system. They planning to unite the community of digital asset users with more conservative individuals under their roof.
They going to be specializing in digital finance services by fully supporting cryptocurrencies and traditional fiat currencies. Basic cryptocurrency procedures include sale and purchase features, investment and exchange options and crypto-saving and current accounts. The Bank will allow customers to have access to all their accounts in different banks and crypto wallets as well as to their investments and savings in cryptocurrency and fiat equivalents via single application. It will be possible to operate with each asset type accordingly by having only one Multi-Asset Account at Forty Seven Bank.
What is the Goal of Forty Seven Bank?
1. Forty Seven Bank team is aiming to break through traditional banking and step into the new banking perspective using the current innovative exclusive services for future advantage. We are creating not just technological bank, we are creating the bank of the future.
2. Forty Seven Bank aiming to provide high quality, secure and user-friendly banking services for individual and institutional consumers, which will be fully recognised by the financial authorities and compliant with
regulatory framework.
How is Forty Seven Bank will Work ?
For merchants who sell their goods over internet, Forty Seven Bank will provide secure cryptocurrency payment system.
The buyers will be able to pay for products in crypto and fiat currencies via Forty Seven Bank payment system. The
system will be easy to use for buyers and easy to integrate for merchants. Payment API and payment
button for integration into merchant shop will be developed and provided for customers. When buyer
purchase the product, he or she can choose how they want to pay – either using fiat or crypto currency.
When purchase is accepted, the funds from fiat or cryptocurrency account of buyer are securely trans-
ferred to fiat or cryptocurrency account of seller. If seller wishes, the funds can be automatically convert-
ed to desired fiat or crypto currency. Forty Seven Bank can perform chargebacks for cryptocurrency
transactions in case of duplicated billing, fraud or technical issue on merchant side. Forty Seven Bank payment system
will be safe and secure for both buyers and merchants.
Forty Seven Bank will operate as cryptocurrency gateway – it will convert fiat into crypto currency
and back to fiat. The bank will be integrated with major cryptocurrency exchanges and use it’s own
reserves in fiat and cryptocurrency in order to execute exchange requests from our clients. For
our clients the operation of exchange between fiat and cryptocurrency accounts will be as
simple as transfer money from one fiat account to another.
Forty Seven Bank — is a unique project that aims to create a modern universal bank for both cryptocurrency users and followers of the traditional monetary system, a bank that is recognised by international financial institutions and corresponds to all regulatory requirements.
For more Info. Just click the link Below:
https://www.fortyseven.io/
#fortysevenbank, #gofortyseven
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