MIAMI, July 26, 2019 — BankLine forges key relationship with third Crypto-friendly banking partner, offering services exclusively to companies engaged in “Online” or “OTC” Cryptocurrency sales.
BankLine’s newest banking partner provides US based Cryptocurrency companies facilities for inbound and outbound domestic wire transfers as well as ACH credits and debits.
This new partner joins BankLine’s two existing Crypto-friendly Depository Institutions, supporting cash logistics services in over fifty markets nationwide for the BTM industry.
These invaluable BTM services, in addition to online sales, AML/BSA compliance, access to B2B ACH Debit/Credit facilities, and speed of execution, makes BankLine the only reliable full service banking solution in the Cryptocurrency industry.
BankLine provides “overnight” posting of funds in select markets in the US, and continues to work closely with their banking partners to implement a national Provisional Posting Program by the end of Q1 2020.
President and CEO of BankLine, Mark Ochab, asserts, “Our recent expansion of services and our continued dedication to serving the BTM industry helps our clients to simplify their banking relationships while reducing the time it takes for their cash to cycle to and from the business operating account and their kiosks.”
BankLine was founded on a very simple principle: to provide the most consistent banking environment for BTM companies. BankLine is dedicated to providing the best Crypto-friendly depository services in the industry.
BankLine is the only crypto-friendly banking solution that offers a portfolio of redundant cryptocurrency-friendly depository institutions willing to serve the varied needs of the crypto industry. Our network of crypto-friendly banks and services helps protect from the threat of bank discontinuance.
BankLine provides banking services to cryptocurrency companies operating within the United States and its territories.