If you’re a big enough fan of crypto, you’ve probably heard the phrase “be your own bank” or the term “bankless” — the idea being that crypto can offer more control over your financial future than traditional finance.
Introducing personal IBAN accounts
Completely bridging the gap between neobank and crypto exchange, hi is creating the easiest, cheapest, and most frictionless on-ramp and off-ramp for crypto. With your very own individual IBAN [a 20 digit string of numbers], members can deposit, send and withdraw EUR and GBP (to begin with) like a normal bank account, instantaneously through SEPA & FPS.
Members can use their personal Euro / British Pound IBAN account at any time, whether you’re receiving your salary directly to hi, or making instantaneous transfers to and from friends, colleagues and / or family or depositing funds to save, spend or invest.
Compatible with all major banks and with no hidden fees, hi is bringing the future of crypto banking to the masses.
Other than EUR & GBP…
We’ll roll out support for more local equivalents for personal IBAN accounts in the coming months. To start with, we’ll provide first EUR & GBP. It’s important that we do everything compliantly and according to local regulations. Stay tuned for more information.
ICYMI - What’s IBAN?
IBAN stands for International Bank Account Number and is an internationally accepted numbering system that identifies individual bank accounts worldwide. Financial service providers use IBANs to process money transfer and ensure payments arrive at the correct destination.