ICOB

We help Crypto Businesses Open Bank Accounts

About ICOB

We believe that crypto firms should be able to have easy access to banking services just like all other businesses. However, many banks all over the world are reluctant to provide banking services to crypto firms due to compliance and money laundering concerns.

Our Mission is to help crypto firms open bank accounts and gain access to banking services so that these businesses can develop and grow.

Services That We Offer

Deposit Accounts

We work with crypto friendly banks to help crypto businesses open deposit accounts and access other banking services.

Crypto Compliance

We use the latest crypto compliance technology to provide KYC / AML services to crypto businesses, investors and financial institutions.

Why Work with Us?

Latest Crypto Compliance Technology

We use the latest crypto compliance technology and work with our clients to obtain the necessary corporate governance and compliance standards required.

Strong Network of Partners

We maintain a strong network of crypto friendly financial institutions and service providers to ensure smooth relationships with no surprises.

Confidentiality

We take client privacy and confidentiality very seriously. We have strong safeguards to ensure that the information provided to us are kept securely and shared only with our clients' consent.

FAQ

Most frequent questions and answers

ICOB’s key differentiating factor is the way we understand and manage KYC / AML compliance risk for crypto businesses dealing with crypto assets. We work with crypto friendly banks in many countries to understand their risk concerns and ensure that our clients meet these compliance standards.

Our clients are mainly crypto businesses and accredited investors who are keen to invest in the blockchain and crypto industry.

We have a physical office in Singapore for administrative purposes but we are not confined by our geographical location. Our clients are largely based in cities across Asia. Most of our discussions are conducted at our client’s premises so that we can understand the business better.

We help crypto businesses open bank accounts and access other banking services.

We also offer crypto compliance services to evaluate the client’s overall KYC / AML framework and recommend improvements if required.

You can send us an email with your company name, contact details and a general overview of what services you are looking for to cs@icob.sg. Alternatively, you may use the contact form here.

We will respond via email within 3 working days.

Our initial email consultation is free.

Once we understand the scope of your project, we will provide a fee quote relating to information gathering and compliance improvement on a cost recovery basis.

The fees for gaining access to banking services will be charged on a success basis and depends on various factors, such as the type of banking services required and the client’s country of incorporation.