Upon sign-up, you immediately get a self-custodial wallet that is developed by Coinbase.
Your Bancoli account automatically comes with a self-custodial wallet for stablecoin payments. Funds in the self-custodial wallet are on-chain and remain in your custody.
If you are an Enterprise customer, you can also opt for a Global Business Account that allows you to keep funds in motion to make FX payouts, including over APIs.
You remain the legal owner of funds stored in your Smart USD Account, which means that even if Bancoli or any other party were to go out of business, your asset ownership is secure and funds remain accessible.
Fund protection stretches well beyond legacy FDIC limits. Bancoli accounts have cutting-edge security features such as identity verifications, selfie checks and a four-layer wallet safeguard with double MFA requirements that set the industry benchmark for secure and reliable online transactions.
Your Smart USD wallet holds your stablecoins on the blockchain. We are here to help you secure it and make it seamless for you to use it for everyday business payments, including payments to bank accounts.
Explore wallet securityWe started Bancoli because we needed a simpler way to pay suppliers in other countries. Paying on time helped both sides make more money and work better together.
Today, Bancoli helps businesses send and receive payments faster, so both sides can keep more of their money.
