Forty Seven Bank is an emerging, one of its kind financial technology start-up focussing to help starting the first financial institution in the world to fulfill the demand of cryptocurrency world. Putting this into effect is by means of linking the traditional financial world to a whole gamut of services for cryptocurrency users, if not limited to fiat money.
customers are promised all their needs related to financial management, analysis and operations just as any other traditional banking services, heralding not just fiat money but all cryptocurrency. Investments in stocks, bonds or commodities are also catered to under one user friendly application. What this means to customers is that one application is all it takes to monitor and control all of their financial needs. This exclusive product is called Multi- Asset Account.
using the Forty Seven platform payment processing programmes in cryptocurrencies, along with traditional payment methods is offered for catering to businesses. And there is good news for developers.

SERVICES

Forty Seven will be the first to provide services as Cryptobonds and Cryptofutures primarily attracting companies to financing from the crypto financial market by issuing bonds and will permit traders and miners to safeguard against risks. Adding to this is the advantage of FSBT token holders reaping notable benefits through their loyalty program, also allowing them try and test new services. Forty Seven is planning on investing 20% of net profit directly into furthering their loyalty program, so it is safe to say being a Forty Seven customer promises.

The first round of ICO commenced on November 16 and the second round commenced on December 17 will go on until February 28, 2018.The third round is scheduled on March 1 – March 31, 2018.

ICO Services

Forty Seven Bank is going to provide services for companies that would like to attract financing via ICO. The services will include legal support, escrow arrangements, support in transferring digital currencies into fiat equivalent. We will also develope rating procedur for ICO projects and will provide thorough analysis of interesting projects.

Innovative products
The featured product is a Multi-Asset Account for private customers with a tied card.

1. Remote identification and authorisation based on passport and biometric data
2. Unique combination of payment tools – SWIFT, credit and debit cards, e-wallets, secured cryptocurrency payments
3. Transactions with any type of cryptocurrency through the bank’s application and with no need to wait for current exchanges. Uploading, withdrawal, and conversion by any pair is available
4. Wide range of services including crediting, insuring, invoice presentation, credit/debit card management etc.
5. Cross-platform access for clients to manage accounts opened with any European bank that complies with the PSD2 directive
6. Convenient and user-friendly UI
7. Analysis that helps a client to make the right financial decisions via services of a personal manager created on the basis of machine learning algorithms

For more details come visit
Website : https://www.fortyseven.io/
Whitepaper : https://drive.google.com
Telegram : https://t.me/thefortyseven
Facebook : https://www.facebook.com/FortySevenBank/
Twitter : https://twitter.com/47foundation
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=2225492

author : visixom
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