Tier-1 Correspondent Banking For Digital Asset Companies, Fast Onboarding Launch
The company announced that it has partnered with Tier-1 correspondent banks that cater to digital asset companies. Said institutions can facilitate cross-border transactions, giving entrepreneurs access to a truly global market of cryptocurrency buyers and sellers.
More information about SAXE Global is available at https://www.saxe-global.com/banking
This is made possible by dedicated international bank account numbers (IBAN), where business owners can safe-keep funds or issue payments from. SAXE Global’s banking partners have access to other international payment systems as well, including SWIFT, SEPA, ACH, and ABA.
THE FUTURE IS DIGITAL
Research shows that cryptocurrency assets now amount to $1 trillion, a figure that is expected to grow at a compound annual growth rate (CAGR) of 12.5% from 2023 to 2030. Innovations in blockchain, the technology that underpins cryptocurrencies, is the primary driver of this trend.
Through its bank account opening service, SAXE Global supports innovative companies at the forefront of the crypto sector. Its partner institutions offer integrated crypto wallets, for example. Hence, if buyers wish to purchase other digital assets such as NFTs with cryptocurrency, they no longer have to convert their holdings into fiat currency before transacting.
HANDS-ON SERVICE
SAXE Global makes the application process seamless, as forms and documentary requirements can all be submitted online. An account manager will likewise be assigned, who will guide business owners through the application procedure to ensure that nothing falls through the cracks.
Mark Walsh, Head of Advisory, says: “While crypto was once seen as a novelty, it has evolved into a big business indeed. Our goal is to provide cutting-edge banking services to pioneers and forward-thinkers in the sector, which is why we’ve partnered with esteemed institutions. With access to crypto-friendly banks, your business can only grow further.”
ABOUT SAXE GLOBAL
Established by financial and management consulting professionals, SAXE Global offers robust solutions to tech companies and other innovators. Its areas of expertise include tax optimisation, structure simplification, asset protection, cost reduction, and regulatory adherence. SAXE Global offers its services to clients around the world.
Interested parties may visit https://www.saxe-global.com/banking to learn more about the consulting firm’s array of services.
SAXE Global LTD
13 Hanover Square, Mayfair
United Kingdom
COMTEX_437170497/2764/2023-07-22T10:53:59