Back in early 2018, following MasterCard, Visa ceased servicing debit cards for bitcoin users across Europe. Banks around the world are tightening their account-opening requirements and are canceling transactions related to cryptocurrency conversion into fiat. What will happen next is only known to the chosen ones. Dear readers of the Internationalwealth.info portal, we would like to make you a truly unique offer that you will not find in any bank or in any jurisdiction of the world. It is a private account with the Bank of Georgia intended for the cryptocurrency withdrawal.
- Being a holder of VISA CLAB and VISA PLATINUM bank cards, you will be able to withdraw converted fiat currency from any ATMs around the world.
- This service comes together with a privileged VIP service of the Georgian SOLO Concept.
- You will enjoy privacy that is very much similar to your anonymity in the crypto market.
Please see the information below and write us to firstname.lastname@example.org. Because, as they put it in Georgia, the branch bends while it is still young. When it grows up, it will not bend.
Crypto Mines of Georgia, Ranking Second in the Global Cryptocurrency Mining
Recently, the Cambridge Centre for Alternative Finance conducted a global survey of the crypto market. As a result of the survey, it became clear that Georgia overtook the United States and is the second largest country in the world in terms of electricity expenditures for mining cryptocurrencies. The gem of the Caucasus is second only to China that spends more than 100 megawatts per hour on cryptocurrency mining.
When bitcoin was yet valued at USD 180, investors became interested in the Georgian market and cheap green electricity. In addition, mining in Georgia is not considered a commercial activity, so it is not taxed. As a result of such attitude and friendly business environment, huge mining facilities were formed and full-fledged cryptomines were created in the grounds of FIZ, a free industrial zone. Today, there is already a Georgian cryptocurrency, GFL – Golden Fleece. Crypto gold of Ancient Colchis is listed on several exchanges with 373 GFL for1 ETH.
As you can imagine, Georgia is one of the world leaders in the capitalization of Internet gold. Unlike those countries where cryptocurrency is not recognized, and bank accounts can simply be frozen when you try to convert crypto from exchanges or payment systems into a fiat currency, the Georgian banking sector is considering such transactions perfectly normal. Using your travel document, you will easily open a private bank account to withdraw cryptocurrencies and convert them into any fiat currency: USD/EUR/GEL/GBP/UAH. Here you will be treated as a guest and a valuable client, not as a terrorist or a fraudster.
Reliability of the Bank of Georgia and the SOLO VIP Concept
The Bank of Georgia Commercial Bank should be regarded as a liberal financial institution. 90% of its portfolio is used for international transit banking operations. At the state level, the Bank of Georgia holds leading positions in the economic sector. Its market share in terms of assets, loans and client deposits is higher than 32%.
In the international financial market, the Bank of Georgia has a high position with such rating agencies as Standard & Poor’s, Moody’s, Fitch and on top of that, Georgia did not sign a very much publicized agreement on the international automated financial information exchange (find more detail here: Deoffshorization 2018) and kept the bank secrecy intact just as the U.S. does for their gold stock kept in Fort Knox.
The bank also owns the BG Capital Company that carries out a full range of brokerage, investment and asset management services. Both companies keep absolutely huge amounts on deposits and are listed on the London Stock Exchange.
Reliable bank secrecy, tolerant attitude towards opening accounts for the cryptocurrency withdrawal, assets of the bank that amount to USD 4.8 billion, complemented with the SOLO VIP BANKING service concept. The Bank of Georgia’s SOLO Concept stands for a privileged client status that meets the world’s best standards of banking service. The main difference between SOLO and the Swiss service is the atmosphere of Georgian hospitality and tranquility which cannot be simulated or conveyed in words. The SOLO Concept includes:
- The services of a personal banker for customized resolving of all kinds of financial issues throughout a year.
- Opening of a multi-currency account (USD/EUR/GEL/GBP/UAH) remotely.
- VISA PLATINUM card with a daily limit on withdrawals of converted fiat currency from ATMs around the world of up to USD 4,000.
- SOLO CLUB card with a daily limit on withdrawals of converted fiat currency from ATMs around the world of up to USD 11,000.
- Dispatching of documents and bank supplies with the bank’s own SOLO Delivery Service.
Important! Maintenance of both cards costs only USD 200 a year. If you order VISA PLATINUM only, it will be USD 100 a year.
Online Banking and Account Fees for the Cryptocurrency Withdrawal at the Bank of Georgia
Let us start with the fact that the private account offered to you by the Bank of Georgia is great not only for the cryptocurrency withdrawals, but also for all sorts of other transactions, from receiving salaries and paying for goods to transferring funds from your corporate accounts to your private accounts for the accumulation of funds. Therefore, these accounts are pro-actively used for transferring funds from offshore companies to the private domain, and this is done on the basis of formal contracts with no fees and reports. In addition, the Bank of Georgia has very appropriate fees. For example, the foreign currency conversion rate is no more than 1.5%.
Our clients name online banking as one of the key reasons for choosing the Bank of Georgia. Yet early 2018, when payment systems such as Wirex, BitPay, Bitwala and TenX were seamlessly withdrawing cryptocurrencies to private accounts, the bank’s mobile application, BOG mBank, was clearly distinguished for its confidentiality (most payment systems mentioned above have been storing all personal data with the third parties) and the opportunity for carrying out the transactions via the app.
It is hard not to notice that the BOG mBank app in the App Store and Google Play provides a real feedback and is continuously working on improving the software. In addition, the application guarantees enhanced security at installing the BOG DIGIPASS Digital Signature which most payment systems can not boast about to this day.
How Do I Remotely Open an Account with the Bank of Georgia for the Cryptocurrency Withdrawal Together with the SOLO VIP-BANKING Service?
In order to launch the process on your part you will need to submit the same information that is required for opening an account with the bank branch. The turnkey service costs 2999 EUR. To start the procedure and get a contract to be notarized please feel free to write us to: email@example.com. Having clarified all of your concerns, we will ask you to provide the following information:
- A copy of your travel document (in Georgia, it is forbidden to open accounts using a regular passport).
- Registration address.
- Actual address.
- Email and phone number.
- Expected turnover per year on a bank account in EUR or USD.
- The name of the bank with which you have an account.
- The scope of your business.
Based on your data, we will draw up a contract that will be sent to you for further notarization. After the original contract is submitted, the multi-currency bank account will be opened within a day, and you will already be able to convert cryptocurrencies into fiat. Then you will be sent all documents and bank supplies via the SOLO bank’s own delivery service, and your online banking system will be activated.
Summary. What Value Do You Get by Ordering an Account Opening with the Bank of Georgia for 2999 EUR?
Unlike the island offshore states, Georgia is a real country located in the center of Eurasia. The country’s business climate that is aimed at attracting investment, and the international relations of the Government have made Georgia a gem of the Caucasus that now holds the 6th place in the ease of doing business, overtaking the United States and the UK in the global ranking.
Opening a private account with the leading bank of a country where they do not just tolerate mining and innovations, but have established the facilities that are the second largest in the world, the crypto-businessman receives:
- Easy conversion of cryptocurrencies into fiat via various exchanges.
- Multi-currency accounts for everyday and business needs.
- Use of VISA cards with a daily cash withdrawal limit of up to USD 15,000.
- Privileged status and VIP service that is not inferior to the Swiss banks.
- Reliable bank secrecy combined with the anonymity of cryptocurrency.
- Multifunctional online banking with enhanced security.
- The ease of doing business according to the global standards.