Dukascopy Bank is a Swiss virtual bank founded in 2004 to provide mobile banking and other financial services. The bank has its headquarters in Geneva, Switzerland. The bank has offices in other cities such as Dubai, Shanghai, Moscow, Kuala, Lumpur, Hong Kong, Tokyo, Riga and Kiev. The bank offers financial services through Swiss FX Marketplace. Currently, the bank has over 300 employees.
Some of the services Dukas Copy provides include foreign exchange, stock, CFDs, metals, cryptocurrencies and commodities. Besides, you can choose whether to use e-banking, credit card or current account. The bank offers more information through its website, online television Dukascopy TV and online community. Dukascopy Bank is regulated by the Financial Market Supervisory Authority (FINMA), a financial market regulator.
Mobile Current Account
The bank is providing a new Mobile Current Account (MCA), a reward program through referral activities and cryptocurrency deposits. The product is available all over the world with a few states excluded. You can access the MCA Account through the website or Dukascopy mobile app. You can open an MCA Account remotely at any time from anywhere around the world except in non-serviced countries. You will need to make a short video call with a bank representative.
The MCA Account comes with an IBAN number that is cheap, secure and you can use it to make free instant payments and purchases both online and offline. With an IBAN number, you can make free instant payments and hold money in different currencies; EUR, USD, GBP and CHF. The account also offers PayWave and PayPass. Besides, you can withdraw cash from the ATMs using either a MasterCard or Visa in various currencies.
The MCA Account is integrated to the Dukascopy Connect 911 messenger app which you can use to transact or for other social activities. The app is competing with social apps such as WhatsApp, Viber and Telegram. You can use the app to make instant payments, make bank transfers and currency exchange. Anyone around the world can use the MCA Account. The account does not have a minimum deposit requirement or regular fees while it can be opened online.
Dukascopy Bank Security Features
The EU regulation secures all Dukascopy Bank deposits. For every EUR 20,000, each client gets protection. Each customer also gets up to CHF 100,000 insurance for their deposits.
You can link you MCA Account to Swiss Crypto Exchange (SCX). It is located in Zurich in Switzerland and offers cryptocurrencies and blockchain products. You can use the platform to trade Bitcoin and Ether. It provides transparent access to cryptocurrencies.
ZBX is a cryptocurrency exchange platform that is operating in the EU. It is registered in Malta and it usually attracts between 300-700 million USD trades every 24 hours. The platform offers security through its intensive technology and it is in the process of applying for a license so that it can list Security Tokens.
Dukascopy Bank does not offer its services in the following countries.
- Islamic Republic of Afghanistan
- Republic of Burundi
- Bosnia and Herzegovina
- People’s Democratic Republic of Algeria
- Republic of Ecuador
- The Democratic Republic of the Congo
- Republic of Angola
- Republic of the Congo
- Republic of Tunisia
- State of Eritrea
- Federal Democratic Republic of Ethiopia
- Republic of Guinea-Bissau
- Co-operative Republic of Guyana
- Republic of Haiti
- Republic of Iraq
- Islamic Republic of Iran
- Republic of Kenya
- Democratic People’s Republic of Korea
- Republic of the Union of Myanmar
- Republic of Liberia
- Republic of Guinea
- Republic of South Sudan
- The Central African Republic
- Federal Republic of Nigeria
- Republic of Serbia
- Republic of Sudan
- Federal Republic of Somalia
- Lebanese Republic
- The Syrian Arab Republic
- Republic of Trinidad and Tobago
- Republic of Uganda
- United States of America
- Republic of Vanuatu
- Bolivarian Republic of Venezuela
- Republic of Yemen
- Republic of Zimbabwe
Benefits of Using Dukascopy Bank
- The bank is very secure since a Swiss Bank regulates funds
- Every client gets insurance of up to CHF 100,000 for deposits
- You can transfer money from your account to another account instantly
- The bank supports multilanguage 24/7. You can reach the support team through a video chat live chat, email or website.
- The bank offers a wide range of products ranging from trade crypto-to-crypto.