Banking
Digital asset on-ramp and off-ramp
Introductions to licensed exchanges, OTC desks and payment providers for moving between fiat currency and digital assets, with the source-of-funds file prepared before the introduction.
We introduce clients to licensed or registered exchanges, OTC desks and payment providers that convert between fiat currency and digital assets, for individuals and for companies. Before any introduction we prepare the file the provider will ask for: who you are, where the digital assets came from, the wallet history where relevant, and how the funds will be used. We do not hold, transfer or exchange assets ourselves.
What we cover
What the service covers
What you receive
- A shortlist of licensed or registered providers suited to your amounts, currencies and jurisdictions
- A source of funds and wealth file prepared before the introduction
- An introduction made by a director, with any introduction payment disclosed in advance
- Coordination with your tax adviser on reporting, including DAC8 and CARF where they apply
Who it is for
Clients we usually advise
- 01
Individuals converting digital assets to fiat, or fiat to digital assets, through a regulated provider
- 02
Companies that receive or pay in digital assets and need a regulated conversion route
- 03
Funds and family offices adding or reducing digital asset exposure
Jurisdictions
Where we most often deliver this service
Other jurisdictions can be considered. The choice is made against your circumstances, not from a list.
- European Union
- United Kingdom
- Switzerland
- United Arab Emirates
- Hong Kong
- Singapore
How we engage
Four stages, each agreed in writing
Typical timeline Scoped on engagement, depending on the banks, registries and regulators involved. You can stop after any stage.
- 1
Apply
A short application. We aim to reply within 48 hours and tell you whether we are the right firm for the matter.
- 2
Diagnose
Working sessions with the director leading your matter. We test assumptions, model scenarios and agree the question to answer.
- 3
Blueprint
A written memorandum setting out the structure, the reasons for it and the costs, for your bank, auditor and counsel to read.
- 4
Implement
We manage formations, bank applications, licensing and documentation, and stay on for ongoing compliance.
Questions
Common questions
Do you hold or exchange digital assets for clients?
What will the provider ask for?
Can you guarantee a provider will accept me?
Are you paid by the providers?
Related services
Often combined with this service
- International bankingIntroductions to 25+ private and corporate banks across the UK, EU, GCC, Asia-Pacific, the Caribbean and the US.Typically 3 to 10 weeksTypically 3 to 10 weeks
- Fintech licensingEMI, PSP, VASP, MSB and crypto licence applications, prepared to each regulator's requirements.Typically 6 to 14 monthsTypically 6 to 14 months
- Gold and bullion storageAllocated, segregated bullion storage in non-bank vaults across four continents.Typically 1 to 2 weeksTypically 1 to 2 weeks
- Corporate payment cardsMulti-currency corporate cards and prepaid cards for global operations.Typically 1 to 3 weeksTypically 1 to 3 weeks
We do not give legal or tax advice in jurisdictions where we are not qualified to do so; where needed, we coordinate local counsel and tax advisers.
Fees agreed in writing before work begins. Where a bank or provider pays us for an introduction, we tell you before the introduction is made.
See also what we will not do and prohibited and restricted matters.
Next step
Tell us about your matter.
A short application tells us what you need and where. We aim to reply within 48 hours. If we are not the right firm for it, we will say so.