- Towerbank, a prime 30 banking establishment in Panama, simply declared it is bitcoin-friendly.
- The financial institution is encouraging prospects to join a bitcoin-friendly account with easy doc necessities to entry the upcoming performance.
- Customers are required to present the pockets handle they intend to use and are required to notify the financial institution if the handle modifications.
Towerbank, a prime 30 banking establishment in Panama, simply declared itself bitcoin-friendly in an announcement on Twitter from Cristobal Pereira, the chief director of the Latam Blockchain Summit, the meetup the place Towerbank made the announcement.
Following the announcement from Pereira, Towerbank’s Twitter account confirmed the announcement by stating “Towerbank, in Panama, opens its doors to bitcoiners and cryptocurrency investors,” after which adopted up with a laser-eyed meme of its headquarters.
A video launched by the Blockchain Space Instagram account exhibits Towerbank’s vp of product, Gabriel Campa, explaining the establishment is finding out bitcoin and different cryptocurrencies.
Campa additional defined “And we hope to have something soon to offer our customers,” referring to product choices for bitcoin-based merchandise.
Campa continued stating “We want to work with you and know what we can create to help you be part of this new world.”
The course of for patrons of Towerbank trying to start their journey into bitcoin is easy, in accordance to Campa. When requested what documentation prospects would want to present so as to open a bitcoin pleasant account, he replied:
“They must only present the following requirements: name, ID card or passport, telephone number, email, activity in which they are engaged, place of work, monthly income and place of residence.”
Campa additionally defined that prospects hoping to use these providers shall be required to present the handle they need to use for the sale and possession of bitcoin.
“When customers receive funds as a result of the sale of cryptocurrencies, we need to know the address of the wallet with which the transaction was made. So, if you only have one address, you must inform us at the time of opening the account and if you subsequently change your address, you must also inform us,” Campa defined.
Currently, a number of reviews counsel that Towerbank is not going to provide direct bitcoin-to-bitcoin optionality at first, although Towerbank has retweeted some info that counsel the establishment is engaged on offering it at a later date.
