Prominence Bank’s crypto accounts are meant for facilitating legitimate investment and transfer purposes. There are a few points to note: (1) We currently support the major cryptocurrencies (e.g., BTC, ETH, USDT); other altcoins may not be available unless converted into one of the supported coins first. (2) KTT transfers cannot be used to pay crypto account fees – meaning, for example, you couldn’t fund the initial €25k via a crypto transfer without conversion; it has to be SWIFT or USDT as specified . (3) We require that crypto coming in or out goes through our compliance checks – so if you’re withdrawing a large sum in crypto, we might ask for clarification to ensure it’s going to a wallet you control (to prevent errors or fraud). (4) There are daily limits in place for very large crypto transfers for security (internally, we might break transfers into tranches). But generally, unless you’re attempting something extraordinary, you’ll find our crypto accounts quite flexible. We do not impose small rigid caps – we have clients moving seven-figure amounts in crypto seamlessly. As always, all transactions must comply with any relevant regulations (for example, we wouldn’t allow transfers to sanctioned addresses or proceeds from illicit activities, just as with fiat).
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