Will using Cense AG guarantee that my bank will accept my crypto funds?
While Cense AG cannot guarantee that every bank will automatically accept cryptocurrency transactions, our platform significantly increases the likelihood of approval by providing the necessary transparency and compliance documentation that banks need. By presenting a clear and verifiable risk profile, Cense AG gives banks the confidence to process your transactions, as they can see that the funds have been properly vetted and are not linked to illicit activities.
In addition to improving the chances of your current bank accepting your crypto funds, Cense AG also offers an alternative solution: we can help you open a new bank account with a bank that is familiar with and accepts our reports. These banks, located in Switzerland, are open to working with cryptocurrency transactions that have been verified through our platform. This option allows consumers to access their funds smoothly, without the fear of being blocked or rejected by traditional banking systems that may be hesitant to deal with cryptocurrency.