Prominence Bank Archives - Page 3 of 10

+(44) 208 895 6493 Mon - Fri 09:00 - 17:00 Centre Montpellier PB 788, Fomboni, Mwali, KM

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Prominence Bank

Is Prominence Bank capable of conducting KTT transactions?

March 1, 2025admin

Yes, Prominence Bank accepts and facilitates KTT transactions for its account holders. To initiate a KTT transfer, an account holder must request activation of the KTT service, which is typically processed within 24 hours without additional costs.

Where is Prominence Bank located?

March 1, 2025admin

Prominence Bank operates under a Class A Full Bank License (License No. B2019018) issued by the Autonomous Island of Mwali, part of the KM Union. Our Bank License Registrar Office is located at Centre Montpellier PB 788, Fomboni, Island of Mwali, KM.

Bank and Jurisdiction for Account Opening

February 19, 2025admin

All accounts will be opened with Prominence Bank, under the jurisdiction of KM Union. This ensures compliance with our internal regulations and financial structuring.

Can I send cryptocurrency to my account and withdraw fiat currency?

November 26, 2024admin

Yes, after depositing cryptocurrency into your account, you can withdraw funds in USD or Euro, depending on your account’s currency settings.

Is there a fee for converting cryptocurrency into USD or Euro?

November 26, 2024admin

We want to inform you that any funds received through the Crypto Currency channel will incur a 2% network fee if the account holder does not have a cryptocurrency account. This fee will be deducted from the total amount received, and the remaining funds will be credited as cash into your savings account’s available balance.

Once I deposit cryptocurrency, can I receive USD or Euros in my account?

November 26, 2024admin

Yes, once your cryptocurrency is deposited into your account, we can convert it into fiat currency, such as USD or Euro, based on your account currency.

What cryptocurrencies can I use to fund my account?

November 26, 2024admin

You can deposit cryptocurrencies like USDT (Tether) or BTC (Bitcoin) into your Prominence Bank account.

Can I fund my Prominence Bank account with cryptocurrency?

November 26, 2024admin

Yes, Prominence Bank allows clients to fund their accounts with cryptocurrencies such as USDT or BTC.

Does Prominence Bank offer services to buy or sell cryptocurrencies?

November 26, 2024admin

No, Prominence Bank does not offer the ability to buy or sell cryptocurrencies. We only facilitate the conversion of cryptocurrencies into fiat currencies once they have been deposited into your account.

Can I convert my cryptocurrency into fiat currency at Prominence Bank?

November 26, 2024admin

Yes, once you have deposited cryptocurrency into your account, we can convert it into fiat currency, such as USD or Euro, based on your account’s currency.