lol for what reason? I’m trying the KYC without success actuallyI have been rejected by both
In my case I’ve applied to the KYC then answered some email that requires me information about the business then all of them disappears.
I guess less than Credit Suisse or BoA but more than Bankera and other LT EMIs.
Yeah I’m running quite the same situation… I can’t understand if they are something to achieve or not… online Sygnum seems to be a little office with a vynil printed on it… well let’s see if anyone else in the forum has got some xp with themI don’t really remember what they told me or if they disappeared like they did with you. I just have them in my list under the “bad” column
I guess less than Credit Suisse or BoA but more than Bankera and other LT EMIs.
I just found the last email I sent to Sygnum, it’s from 3 months ago, never received a reply.
This is what I asked:
1. Do you offer interests on crypto deposited with you? In addition to XTZ and ETH staking.
2. What are the terms for Lombard loans?
3. Are we free to withdraw crypto to external addresses at any time?
4. Do you offer multi-sig wallets?
Seba bank disappeared in early December. This was my last email:
With regards to your question about the crypto assets: I have purchased crypto over the years using business profits. I attach some self explaining documentation.
Yah they are ok. A little on the pricier side and they require minimum deposit which however can be in Bitcoin.
Ok nice. Do you know maybe if they offer credit card on the account? Can’t really find info on the website
No no credit cards, but they offer lombard loans and have access to institutional liquidity which is very beneficial if you do big trades regularly.
Glorified company, made me wonder if them being in Switzerland was purposefully done to gain some of that juicy auto-credibility ignorants who don't know better issue to companies just because they have Swiss in their name or address.Sygnum just resurfaced and asked me to arrange a meeting!
Maybe they read this forum?
Anyway, can anyone share their experience with Sygnum? I don’t remember why I applied for an account with them
Nah, the market is down and they need moar fresh cash from clients.Sygnum just resurfaced and asked me to arrange a meeting!
Maybe they read this forum?
Anyway, can anyone share their experience with Sygnum? I don’t remember why I applied for an account with them
I just need to deposit some crypto as collateral for a loan, nothing fancy. Supposedly they hold crypto in segregated wallets.
I have tried to open account with them but I gave up once I have to their price-list . Now they are focused at "professional clients" who will trade with them. But:
You are right but they should improve the "investment" branch. Actually with Sygnum you can only spend money without earning... It's not a traditional bank but they should offer a way to earn some cash or simply paying their costs that are so expensive.Yes, Swiss banking is really expensive in general.
However, as someone who has worked with many Swiss banks over the past years, I could only give thumbs up for Sygnum and let me tell you why: for the fees they charge they do provide really excellent SLA: not a single case when they have missed any account opening/operational deadline even by a single day. That's priceless In my opinion
Plus their customer support is top notch, they are quite technical and fast.Yes, Swiss banking is really expensive in general.
However, as someone who has worked with many Swiss banks over the past years, I could only give thumbs up for Sygnum and let me tell you why: for the fees they charge they do provide really excellent SLA: not a single case when they have missed any account opening/operational deadline even by a single day. That's priceless In my opinion
