In a recent development, Bitpanda has teamed up with a big foreign bank to offer its users real-time banking services. Deutsche Bank will provide real-time payment services to Bitpanda users through this groundbreaking new relationship between two of Europe’s most important banks. Bitpanda users in Germany can also safely place and take money because Deutsche Bank will give them local IBANs for payments.
Major milestone alert! Bitpanda is expanding its partnership with @DeutscheBank. Together we’re delivering real-time payment services and local IBAN numbers for our users in Germany. This is a game changer for the industry!Find out more in our Blog: https://t.co/XvMWDHPIHr… pic.twitter.com/joEwdTzDs8
— Bitpanda (@Bitpanda_global) June 4, 2024
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It’s the first time a well-known and respected foreign bank has worked with a cryptocurrency company to make this merger possible. This is a big step forward for the industry and shows how strong Bitpanda’s brand, image, and reliability are. Their goal is to raise the bar for the business again and make it easier for crypto to work with regular finance.
The firms seek to eliminate all obstacles to people taking charge of their funds. Because they work with Deutsche Bank, caBitpanda asserts it can offer this service to people who want to transfer or receive money.