RATE Group | Cashaa Announces U.S. Dollar Bank Accounts for Cryptocurrency Firms
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Cashaa Announces U.S. Dollar Bank Accounts for Cryptocurrency Firms

16 Nov Cashaa Announces U.S. Dollar Bank Accounts for Cryptocurrency Firms

Posted at 00:31h in Cryptocurrency News by

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Bitcoin banking platform Cashaa will soon offer U.S. dollar bank accounts for cryptocurrency-focused businesses, except those operating in sanctioned countries. 

Cashaa offers banking services like International Bank Account Number (IBAN) accounts, international SWIFT transfers for fiat and credit card processing for cryptocurrency-based businesses, which often struggle to receive these services from traditional banks. It also enables businesses to accept cryptocurrencies and withdraw funds in fiat, including British pounds, euros and Indian rupees. Beginning November 25, 2019, clients based in the U.S. will be able to apply for USD accounts.

These accounts will include automated clearing house and SWIFT access without limits and incur a one-time setup fee of 250,000 CAS, Cashaa’s native…

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