FAQ

FAQ

Frequently Asked Questions

  • How does regulatory compliance work including MSB License from FINCEN?

    Launch Your Own Blockchain Bank & Trust with MSB License - Powered By World Blockchain Bank. Revolutionize finance with a turnkey Blockchain Bank & Trust solution, including a FINCEN MSB license, U.S. Tax EIN, and Web3 features for global operations. ​ Discover the first-ever solution to register a Blockchain Bank with a FINCEN MSB license and U.S. Tax EIN. Empower your brand with Web3 tokenization, cross-border payments, and decentralized finance. Launch your compliant global banking solution today with World Blockchain Bank. ​​A Historic First in Financial Innovation "World Blockchain Bank is now the first institution globally to offer registered blockchain banks with a U.S. Tax EIN and a FINCEN MSB license, setting a new benchmark in financial blockchain innovation." This groundbreaking achievement allows our clients to establish their own blockchain banks and trusts with a comprehensive suite of industry-leading features, unmatched in exclusivity and value.

  • Do I need experience with fintech or banking?

    No prior banking or payments technology experience is needed in your team. World Blockchain Bank's mission is to make adding financial features to your applications as easy as plug-and-play. So we’ve done the heavy lifting on both the technology and regulatory complexities of building and running embedded finance, allowing you to focus on the innovative use cases you’re going to bring to market. The sky’s the limit! However, you need to learn how to operate your banking platform after you purchased it. Its like when you buy a new Ferrari - You need to learn how to drive it...

  • How fast can I setup my own Bank including payment gateways?

    With World Blockchain Bank, you can go to live transactions in your private label bank app within 24 hours if you acquire one of our turnkey banks with a ready made banking platform already established! Because we’ve already taken care of putting together all the parts you need to integrate powerful financial features into your turn-key bank application. Development time only depends on configuration, testing, and integration with your application stack in case we create a new bank with your name of choice. Usually, this takes 14 days. When you purchase one of our ready- made banks, this allows you to get your new bank applications into production in a matter of hours, compared to the weeks, months or even years that it takes for businesses working with banks and piecing together compliance, anti-fraud, and other required elements by themselves.

  • Does my banking platform offers data security?

    Yes! Your private label banking platform offers all aspects of sensitive customer information across onboarding, authentication, and transaction processing, which are handled securely through the embedded security system.

  • Does my bank platform offers secure onboarding and offboarding?

    Yes! Compliant financial processes for know-your-customer (KYC) and know-your-business (KYB) when registering new users with your bank. Easy to manage offboarding if users leave.

  • How do I handle compliance and anti-fraud regulations?

    We implement into your online banking platform robust regtech infrastructure, including built-in anti-fraud monitoring, safe financial presets appropriate to your business model, and continuous compliance updates, so you can focus on building your bank business.

  • Can I issue payment cards for employees?

    Yes! You can allow businesses in your banking platform to create payment cards that empower their employees to spend safely, embedded with a branded digital experience of your bank.

  • Do I have an end-to-end user interface with my banking platform?

    Yes! You can create custom designs for virtual and plastic payment cards. All aspects of financial UX are yours to plan, so your clients associate their new fintech powers with your bank brand.

  • Can I create instant digital accounts for all bank clients?

    Yes! You can generate and connect credit accounts instantly, hold segregated balances and budgets, fund payment cards, and transact programmatically.

  • Can I enable businesses on my banking platform to onboard their team members, configure financial controls and manage employee payments?

    Yes! You can allow businesses in your banking platform to create payment cards that empower their employees to spend safely, embedded with a branded digital experience of your own bank.

  • Can I offer Freelancer and contractor commerce on my private label Banking Platform?

    Yes! You can give freelancers, creators and influencers the financial tools they need to manage cash flow, make payments and reduce admin so they can focus on growing revenue. You can boost digital user engagement and loyalty in your freelancer or contractor online banking platform by embedding valuable financial features within the context where they find work and earn money directly from your banking website.

  • Do You Offer Worldwide Multi-Currency Payment Processing and Online Banking Services?

    The World Blockchain Bank gateway services provide a flexible solution to support your online business. With diverse, innovative features and customized solutions, we make sure our clients and their end-customers can conduct online payment transactions using any digital device. With a quick and easy integration, you’ll have a seamless, highly-converting, and secure checkout.

  • Can I Make Cost Effective Bank Transfers?

    Yes! Through World Blockchain Bank You Can Make International Money Transfers at a Fraction of Bank Wire Costs.

  • Can I Earn Interest Through Real Estate Investing?

    Yes! You can start earning passive income through real estate investments, starting at $500 per month. Believe it or not, you don't need millions, or even hundreds of thousands to invest in real estate. Nor do you need to commit to the complex responsibilities that come along with managing properties. World Blockchain Bank offers tax exempt Real Estate Community Developments and an online platform where you can invest in shares of rental homes and vacation rentals without taking on the responsibilities of property management. In other words, you won’t be in charge of fixing freezers or managing noise complaints, but still get to generate regular income and diversify your portfolio. Backed by World Blockchain Bank, these tax-exempt real estate projects have a low investment minimum of $500, so you don’t have to be a billionaire to invest like one. Rental property investing made simple! World Blockchain Bank is making real estate investing accessible to new investors looking to dabble in the real estate market without breaking the bank. Investors can invest anywhere from $500 to approximately $20,000 per house, making real estate investing more accessible to a wider range of investors. Real estate investing for a small fraction of your money! With several million in private funding from a group of investors, including World Blockchain Bank and other millionaires, the Decentralized Innovation Investment Fund is a one-stop shop for making informed rental property investments. You can browse investment properties directly on their website: https://www.blockchainfund.pro/

  • Can I Send and Receive Money?

    Yes! With the World Blockchain Bank Card and the World Blockchain Bank Token You Can Send and Receive Money Fast and Easy Across The World.

  • Does World Blockchain Bank support multiple languages?

    Yes, World Blockchain Bank does support multiple languages and your admin panel can be customized to the various languages of your choice.

  • Can all of the data on World Blockchain Bank be transferred onto another platform?

    Sure! All our system data can be transported and used in external software systems. Our platform also can easily synchronize user data with third-party systems under your authorization. This feature was designed to ensure that our clients do not have to start all over again, adding their data to a new platform.

  • Does World Blockchain Bank allow the use of cryptocurrencies?

    Yes! Our platform is designed to allow multi-currency transactions, including transacting in cryptocurrencies.

  • Does World Blockchain Bank support multiple back-end administrators?

    Yes! World Blockchain Bank allows for multiple administrator access to enable you to manage your client base effectively.

  • If I purchase a World Blockchain Bank white label, can I build a mobile application around it?

    You do not need to build a new mobile application from scratch, as part of what we offer is a total package! We understand how many mobile phone users have increased globally, and to position you globally, we have created a mobile application that you can edit and design to your suiting.

  • How much does it cost?

    MSB LICENSED BLOCKCHAIN BANKS THE ULTIMATE BANK LICENSE SOLUTION Traditional banking licenses come with excessive costs, bureaucratic red tape, and restrictive jurisdictional limitations. In any government-controlled jurisdiction, securing a bank license costs anywhere from $2 million to $50 million, and every new country requires a separate license—trapping institutions in an endless cycle of fees and regulations. Our Blockchain Banks, backed by a FINCEN MSB License, eliminate these barriers. With just one license, you can operate in all 50 U.S. states, overseas territories, and 172 nations worldwide. At just $89,000, this isn’t just cost-effective—it’s a game-changer. While others are tied down by government control, we empower financial freedom on a global scale. The future of banking is here.

  • Can I integrate or develop my applications around World Blockchain Bank white label?

    World Blockchain Bank API is designed to support and integrate third-party applications. You can design your apps to connect with the World Blockchain Bank system. For further information on integrating your apps around our systems, please get in touch with us.

  • Can World Blockchain Bank support card payments or integration on their platform?

    Yes, World Blockchain Bank has features that support debit card functionalities. If you wish to integrate any specialized card program, contact us to help with the full integration, as the platform is designed to integrate any card platform that was not originally designed into it.

  • Are there additional charges as the number of users increase?

    No, World Blockchain Bank does not collect additional charges from our clients as the traffic on the software increases.

  • Where is the World Blockchain Bank system hosted?

    World Blockchain Bank is a global company with a wide reach in over 60 countries and can provide AWS server locations worldwide.

  • Who is eligible to use the World Blockchain Bank financial platform?

    Any business managing clients' funds or functioning as an intermediary between transactions can use the World Blockchain Bank platform. These can be banks, Electronic Money Institutions, Payment Institutions, Asset and Trust Managers, Credit Unions, and Crypto Traders—as long as you want to establish your own financial institution with us, you are eligible.

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