AMINA Bank, a licensed and FINMA-regulated digital assets bank, has announced the launch of the AMINA Payment Network (APN).
Designed to address the needs of the crypto banking world, APN helps “to facilitate real-time payments to other APN members.”
This new service aims to keep users ahead and connected, “ensuring seamless and timely financial transactions.”
Myles Harrison, Chief Product Officer at AMINA Bank said:
“In an age where 24/7 cryptocurrency asset markets are normalised, and wider global crypto adoption continues to grow at pace, the demand for faster transactions is no longer a want, but a need. With the introduction of the AMINA Payment Network, the facilitation of seamless cross-border transactions between network members across the globe is realised, and the required efficiency of money markets can meet the demands of the current financial landscape.”
APN supports CHF, EUR and USD payments “between APN members, providing flexibility and efficiency for individuals and businesses.”
Additional currencies will be added in the coming months.
The launch of the APN further reportedly solidifies AMINA Bank’s role as a key player focused on crypto banking.
Members can join with “an introductory offer of zero membership and transaction fees. The APN is currently available to existing AMINA Bank clients.”
Members must have an AMINA current account to access the network.
Founded back in April of 2018 and currently headquartered in Zug, AMINA (formerly known as SEBA) is a firm focused on the financial services industry.
In August 2019, AMINA had reportedly received a Swiss Banking and Securities Dealer License from FINMA.
The broad, vertically integrated spectrum of services, “combined with the security standards, make AMINA’s value proposition unique.”
AMINA operates globally from its regulated hubs of Switzerland, Abu Dhabi and Hong Kong to offer fiat and crypto services “to progressive investors, traditional and crypto-native alike, whether individuals, corporates or institutions.”
