Any experience with Bank Frick?

[Bmw850]

Hi,
Last week I have been paid by a customer through this bank, after I spoke with my customer, he said they are good, crypto friendly too.
I actually try to make some due diligence with them but too much informations and it s sounds too good for me too.
I sent them an email to confirm Wich jurisdiction do they accept.
Someone knows them?

Bank Frick Liechtenstein. Crossover Finance

 

[Martin Everson]

They appear credible and heavily into crypto. Looks like that decision was driven by low profitability for the size of their balance sheet reading figures in last report . They never came on to my radar - very interesting rare find actually. .

 

[JohnLocke]

Not bad, Liechtenstein + crypto = win win - this is for sure a bank I will try to apply for account opening. First of all I will check what requirements and fees they may apply.

Great share, keep them coming

 

[Martin Everson]

Fees
https://www.bankfrick.li/Portals/0/2506_Gebuehrentarif_EN.pdf

Numbered account service anyone? - no its not anonymous btw...lol.

 

[IntlOffshore]

Not bad, Liechtenstein + crypto = win win - this is for sure a bank I will try to apply for account opening. First of all I will check what requirements and fees they may apply.

Great share, keep them coming

We've had an account with them since last year.
The issue is that for crypto-related business, their pricing is quite a bit more than what you see in the link/PDF that Martin posted.

 

[Mr Magoo]

Does Frick accept offshore companies?

 

[IntlOffshore]

Does Frick accept offshore companies?

I can't say for certain (the entity we on-boarded with is not offshore), but my best guess is that it they're generally going to apply the same criteria as they would of any other entity applying: 'are these people legitimate and will we make money?'

So if you run a regulated fund in Cayman, BVI ,Luxembourg, etc., you would likely have no problem.
If you run an adult business and have some setup with a say... Seychelles company, you likely don't have any chance.

They're a legit bank. They have a very high profile in the crypto space - I frankly was surprised to read in the thread that people were unfamiliar with them.

 

[dirtyharry]

Great input! This looks like an interesting bank.

 

[Bmw850]

I can't say for certain (the entity we on-boarded with is not offshore), but my best guess is that it they're generally going to apply the same criteria as they would of any other entity applying: 'are these people legitimate and will we make money?'

So if you run a regulated fund in Cayman, BVI ,Luxembourg, etc., you would likely have no problem.
If you run an adult business and have some setup with a say... Seychelles company, you likely don't have any chance.

They're a legit bank. They have a very high profile in the crypto space - I frankly was surprised to read in the thread that people were unfamiliar with them.

You are surprised that we didn't know them , you would have shared it to the nice forum peeps -

Concerning the companies juridiction @Mr Magoo , I sent them an email asking, when I got the answer I ll forward here.

 

[bastard]

nice share, thanks alot

 

[JohnLocke]

They refused to accept a Seychelles company so I take the next in the chain and try until they accept it.

 

[Mauro Swiss]

I'm the Head of Blockchain and PSP at Bank Frick and I will be happy to answer any questions you may have.
We operate primarily with European companies and are focused on larger and institutional clients.
Offshore in connection with Crypto is difficult and involves different risks for a fully regulated bank.
As written by @IntlOffshore the pricing is different than shown on the homepage for "simple" corporate accounts.
It's always something we can discuss and we are using individual pricings based on the individual client.
The easiest way to get in touch with us is via <<snipped>>
The more information you share with your request, the better we can help you with a first reply.

 

[Martin Everson]

@Admin Is the above post real or a scammer?

 

[Bmw850]

@Admin Is the above post real or a scammer?

If it's for me I just shared freely. I m not in banking or Offshore business, and I have nothing to take profit by sharing this bank.

 

[Martin Everson]

If it's for me I just shared freely. I m not in banking or Offshore business, and I have nothing to take profit by sharing this bank.

It's not for you but for Mauro Swiss. Is he really who he says he is?

 

[JohnLocke]

@Admin Is the above post real or a scammer?

I don't know, but he got his first warning already. So lets see where this is going.

 

[Mauro Swiss]

@Martin Everson yes it's really me, I'm definitely not a scammer. Would not bring me any benefit.
The message here popped up on our side and that's why I joined here to help with questions.

 

[Martin Everson]

I'm the Head of Blockchain and PSP at Bank Frick and I will be happy to answer any questions you may have.

Who should I ask for when calling Bank Frick so I can verify you are genuine?

 

[Mauro Swiss]

Mauro Casellini - the Head of the Department that can be found on the homepage of Bank Frick
It's nearly on every "Blockchain Page" visible who I am and you can contact me.

 

[Spinat]

Great to have you here @Mauro Swiss so how many people work at your bank?