In today’s increasingly globalized financial landscape, business owners operating across borders face a persistent challenge: how to convert cryptocurrency into fiat currency securely, efficiently, and in full compliance with regulations. While digital assets continue to gain traction, traditional banking systems often fall short—either refusing to service crypto-related transactions or imposing lengthy onboarding processes with high barriers to entry.
Enter Bison Bank, a Portugal-based licensed bank that stands out as a rare European financial institution officially authorized by the European Central Bank (ECB) to provide regulated cryptocurrency services. With fast onboarding, multi-currency support, and seamless crypto-to-fiat conversion capabilities, Bison Bank is emerging as a go-to solution for international entrepreneurs, exporters, and digital asset holders.
Whether you're running a global trading company, managing cross-border e-commerce operations, or exploring blockchain-based revenue streams, this guide will walk you through everything you need to know about opening a business account at Bison Bank—from eligibility and required documents to fees, benefits, and real-world use cases.
👉 Discover how to open a compliant international business account in minutes.
What Is Bison Bank?
Established in 2001 and headquartered in Portugal, Bison Bank is a fully licensed commercial bank operating under strict supervision from the European Central Bank. Unlike fintech startups or digital wallets, Bison is a physical, regulated bank—meaning your funds are protected under EU banking laws and deposit guarantee schemes.
What truly sets Bison apart is its official ECB approval to integrate cryptocurrency transactions within traditional banking infrastructure. This makes it one of the few banks in Europe—and globally—that legally allows businesses to deposit, withdraw, and exchange major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), USDT, and USDC directly through their bank accounts.
Additionally, Bison Bank serves as an overseas secondary clearing bank for CIPS (Cross-border Interbank Payment System), authorized by the People's Bank of China. This enables efficient RMB clearing for international trade and investment flows involving China.
With representative offices in key financial hubs such as Hong Kong, Singapore, Beijing, and Tianjin, Bison offers localized support while maintaining a robust international banking network.
Key Advantages of a Bison Bank Business Account
Opening a corporate account with Bison Bank delivers several strategic advantages for modern businesses engaged in global commerce or digital finance:
✅ Multi-Currency Support with Free Conversion
Hold and manage balances in USD, EUR, CNH (offshore RMB), and other major currencies—all within a single account. More importantly, enjoy flexible conversion between fiat and stablecoins like USDT and USDC, enabling rapid liquidity management across borders.
✅ Full Regulatory Compliance
As an ECB-regulated entity, Bison ensures all transactions comply with AML (Anti-Money Laundering) and KYC standards. This gives businesses peace of mind when dealing with regulators or auditors.
✅ Fast & Low-Barrier Onboarding
Compared to high-threshold institutions like DBS (which may require six-figure deposits and months of processing), Bison offers account activation within 1–3 business days, with accessible requirements for small and mid-sized enterprises.
✅ No Foreign Exchange Controls
Unlike domestic banks that impose transfer limits or require justification for large payments, Bison imposes no caps on incoming or outgoing transfers. Ideal for high-volume traders, import/export firms, or crypto projects distributing funds globally.
✅ Open to Offshore Entities
Bison accepts applications from Hong Kong, Singapore, BVI, U.S., and other offshore-registered companies—no need for local incorporation or physical presence in Europe.
✅ Direct Blockchain Integration
Deposit USDT or USDC directly via blockchain (e.g., TRC20, ERC20), then instantly convert them into USD or EUR through the online banking platform—without relying on third-party exchanges.
Who Should Consider Opening an Account?
Bison Bank is particularly well-suited for:
- Exporters receiving payments in crypto
- E-commerce brands selling internationally
- Blockchain startups raising capital
- Digital agencies serving global clients
- Investment firms managing diversified portfolios
👉 See how seamless crypto-fiat integration can transform your business operations.
Required Documents for Business Account Opening
To open a corporate account at Bison Bank, the following documentation is typically required:
- Full company incorporation documents (certificate of incorporation, memorandum/articles of association)
- Valid identification (passport or national ID) for all directors and shareholders
- Completed KYC (Know Your Customer) form provided by the bank
- Signed Bison Bank service agreement
- Certificate of Incumbency (COI) for offshore entities (e.g., BVI companies)
- Shareholding structure chart (if applicable), including beneficial ownership details
All forms can be prepared with professional assistance, minimizing administrative burden. Most documents are standard for international banking and can be submitted electronically.
Step-by-Step Account Opening Process
- Prepare Documentation
Gather all required corporate and personal identification materials. - Submit Application
Work with an authorized partner to submit your application package to Bison Bank. - Online Verification
Confirm your identity using SMS and email verification codes during registration. - E-Sign Agreement
Receive and digitally sign the bank’s account opening contract via secure email link. - Bank Review & Approval
The bank conducts internal due diligence; approval typically takes 1–3 working days. - Receive Payment Instructions
Once approved, obtain your IBAN, SWIFT/BIC code, and blockchain deposit addresses. - Start Using Your Account
Begin receiving international wire transfers or crypto deposits immediately.
The entire process is designed to be remote-friendly, paper-light, and efficient—perfect for time-sensitive business needs.
Fees & Pricing Structure
Understanding costs is crucial for financial planning. Here’s a transparent breakdown of Bison Bank’s fee schedule:
- Crypto to Fiat Conversion (e.g., USDT → USD): 0.5%
- Fiat to Crypto Conversion (e.g., EUR → USDC): 0.3%
- Fiat Withdrawal (to local currency): 0.5%
- Incoming International Wire Transfers: 0% fee
- Outgoing SWIFT Payments: $65 per transaction
- Cryptocurrency Outflows: $5 per transaction (e.g., sending USDT)
- Minimum Processing Fee per Trade: $50
- Annual Account Maintenance Fee: $0
- Daily Transaction Limits: No cap
Note: A one-time due diligence fee of $500 may apply depending on jurisdiction and business type.
Frequently Asked Questions (FAQ)
Q: Is Bison Bank safe and regulated?
A: Yes. Bison Bank is a fully licensed EU bank supervised by the European Central Bank. It adheres to all EU financial regulations, including capital adequacy, consumer protection, and anti-money laundering laws.
Q: Can individuals open personal accounts?
A: Currently, the streamlined onboarding process focuses on business entities. However, sole proprietors or high-net-worth individuals may qualify under specific conditions.
Q: Which cryptocurrencies are supported?
A: Primary support includes USDT (TRC20/ERC20), USDC, BTC, and ETH. Stablecoins are most commonly used due to lower volatility and faster settlement.
Q: How fast are crypto-to-fiat conversions?
A: Conversions are processed instantly through the online banking portal after blockchain confirmation—usually within minutes.
Q: Are there any industry restrictions?
A: Bison supports a wide range of sectors including e-commerce, consulting, manufacturing, advertising, gaming, and jewelry. Prohibited activities include gambling, adult content, and illegal services.
Q: Do I need to travel to Portugal?
A: No. The entire account opening process is fully remote—no visit required.
Final Thoughts: Why Bison Stands Out
For businesses navigating the complex intersection of traditional finance and digital assets, finding a compliant bridge is essential. While many so-called “crypto-friendly” platforms offer limited functionality or operate in regulatory gray zones, Bison Bank provides a legitimate, regulated pathway for converting crypto into usable fiat funds.
With fast setup times, no annual fees, unrestricted transaction volumes, and direct ECB oversight, it represents a powerful tool for entrepreneurs building borderless businesses in 2025 and beyond.
👉 Start your compliant global banking journey today—apply now.
Whether you're scaling an international venture or simply seeking more flexibility in managing digital assets, Bison Bank offers the infrastructure needed to thrive in a multi-currency world.