Falcon Private Bank first to introduce direct transfers of cryptocurrencies in Blockchain Banking

As the first Swiss private bank, Falcon introduces direct transfers of selected cryptocurrencies for both private and institutional clients.

Falcon Private Bank reaffirms its first-mover position in blockchain banking by accepting direct transfers of selected cryptocurrencies. With immediate effect, private and institutional clients can directly transfer cryptocurrencies to and from segregated Falcon wallets, as well as convert them into fiat money. This new offering from Falcon makes blockchain assets fully bankable.

Clients can place trading orders conveniently through e-banking or a dedicated relationship manager. Digital assets are included in portfolio statements as well as in tax reporting documents. In addition to ensuring best execution, Falcon provides secure storage thanks to its proprietary custody solution.