INTERNATIONAL DEBIT CARD
Damalion partners with international institutions to facilitate needs of (ultra) – high net worth individuals and their employees serving them on a regular basis.
Savings account associated with a debit card
Thanks to our premium partner banks, you benefit from an exclusive savings account linked to a debit card with personalized features (depending on the residence country).
All payments to and from accounts are subject to internal rules processed by our partner bank.
- Annual interest rate about 2% on your savings (USD)
- Annual interest rate about 2% on your Bitcoin savings (USD)
NO LIMIT ON WITHDRAWAL AMOUNT
- No limit to add or withdraw
- No limit to debit card usage
- No fee on foreign exchange transactions
- No fee of ATM withdrawals (ATMs may evidently applies their own fees)
- High level of security
- High level of protection
- 1 Dedicated bank account manager
Contact us to know if your country is eligible.
Damalion applies a high level of KYC in compliance with international regulations to fight anti-money laundering and combat terrorist financing.
We will not introduce you to any bank partner if you do not want to comply with our internal policies, processes and procedures.
Frequently Asked Questions
What is the minimum amount to open the bank account?
We focus on high net worth individuals, exclusively. The minimum deposit is $/€/CHF 5 million.
This sum must be deposited when you open the bank account if your application is accepted by the partner bank.
What can be the maximum amount supported by your credit card?
There is no limit for online or offline debit card transaction. Our partner bank offers a personal savings account on which, depending on the country of residence as well as the passport, you will have access to a debit card.
The balance depends on what the customer deposits.
Are there any monthly charges for operating the bank account?
The annual membership fee is $150.
There are no processing fees for deposit or withdrawals from the account.
What currencies are possible to hold in the account ?
USD and BTC
How long does it take to become the bank account operational?
The onboarding process takes a few hours if all the requirements are met.
Can I deposit the amount on the bank account and withdraw the total amount immediately?
No, you can’t do it. International rules against anti-money laundering apply, without any ambiguous manner.
Do you accept clients from any country?
No. The list of eligible countries is based on the lists issued by OECD as cooperative countries.
We reserve the right even if your country is OECD-friendly to reject your application at our sole discretion and without any explanation.
If we accept to pay your fees, can we be in touch with the bank directly?
No. First, we must filter your application. You will have to comply with our KYC requirements.
We will not introduce you to any partner bank before controlling your application.
Damalion is not a financial institution and doesn’t introduce itself as such.
Any application shall be charged an application fee starting from $850.
Additional fee applies started from 0.25% to 1 %, depending on the total savings to be on the bank account.
Those fees must be paid upon bank account opening.
This service does not constitute an offer to sell, a solicitation of an offer to invest, a solicitation to buy or a recommendation of any security or any other product or service by Damalion or any other third party, whether or not such security, product or service is referenced in this service.
In addition, nothing in this service is intended to provide tax, legal or investment advice and nothing in this e-mail should be construed as a recommendation to buy, sell or hold any investment or security or to engage in any investment strategy or transaction. Damalion makes no representation that the securities, products or services discussed in this service are suitable for any particular investor.
You are solely responsible for determining whether an investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial situation and risk tolerance. You should consult your business advisor, attorney or tax and accounting advisor regarding your specific business, legal or tax situation.
Want to know more about INTERNATIONAL DEBIT CARD ?
Damalion offers you from bespoke advice provided by directly operational experts in the fields that challenge your business.
We advise you to give information at its best, so we can qualify your demand and revert to you under the next 8 hours.