Please refer to our partners for IBAN and SEPA transactions
To following link
CRDTpay IBAN and SEPA transfers, No SWIFT at the moment.
https://trastra.com/faq/trastra-payment-account-with-iban/
This is an excellent service and there will be many people willing to use it. You are entering the market at the perfect time!
I have a question whether Trastra works like a bank - so all operations on the card are monitored, whether it works like, for example, Coinbase, i.e. just as the card issuer?
Hello, In wallet you can track each transaction and payment you made, however does not work like Coinbase as you are not able to connect your bank account to the wallet yet.. This is why CRDTpay coming up with their own uniqe full Crypto banking solution Wallet with crypto to crypto and EMI full banking licesing currently pending..
Transtra will allow you to top up fiat with IBAN and SEPA transactions to your wallet for now only..
The fact that you cannot connect a bank account is not a problem. I meant if Trastra is supervised like a bank - I think Revolut could be a good comparison?
And my guess is the IBAN will be registered in some country. Will it be the user's country or Trastra's country of residence?
Trastra is supervised like a bank and at the moment you can registered only if you resident in EU cointries for your account, we belive the IBAN and SEPA is accepted arround the world so this should be not a problem. Currently, about 54 countries of the European Union are using IBAN plus Norway, Switzerland, Liechtenstein, Hungary, and others.
Verify your account and order Visa Card to get a Payment Account with IBAN and the opportunity to take advantage of simple SEPA/wire payments! Buy and sell cryptocurrency using bank transfers on market rates!
SEPA (Single Euro Payments Area) is the area where citizens and companies can make and receive payments in euros. SEPA is made up of the Eurozone countries and a few other countries which also support Euro bank transfers. In total of 34 countries.
Within SEPA lies the SEPA scheme, which is a set of rules that are followed by the participants in moving funds electronically from account A to account B.
SEPA payments highlights
Cross-functionality.
With SEPA there is no difference between national and cross-border payments. The new harmonized SEPA payment scheme allows customers to exchange payments between any accounts located within the EEA: securely, efficiently, and more cost-effectively.
Streamlining payments in Europe.
Usually, it takes 1-4 business days to credit funds to the beneficiary's bank. It depends heavily on the time of day you start your transfer as there is a 3 PM cut off time for same-day processing. Requests received after this time will be processed on the following banking day.
Thank you for that very precise answer. Now there is nothing else for me to do but test your service!
I would like to ask if you plan to run a bounty campiagn? This is probably the best tool to promote a project like yours.
