Frequently Asked Questions

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Frequently Asked Questions2020-02-24T12:15:10+00:00
What is Rancvist Bank?2020-02-06T10:48:05+00:00

Rancvist Bank offers its clients all types of innovative Banking services online. You may Make payments, create a corporate account legal entities, payments, deposits to a card, as well as business financing and private Banking services

Are we a bank?2020-02-17T16:48:55+00:00

Rancvist Bank operates under the Hong Kong Customs and Excise department in association with the Joint Financial Treasury Unit and the Financial Services and Treasury Bureau. This special license allows Rancvist Bank to be able to provide various banking services – open business accounts, process online payments, and offer others financial tools. Unlike other banks, Rancvist Bank doesn’t use client funds to issue loans or operate the company’s business, Your money is your money and only you may have access to them.

What are the advantages of an Rancvist Bank account2020-02-06T14:41:45+00:00

Having a Rancvist Bank account provides you with your one stop shop solution, you can seamlessly receive and remit funds, exchange funds to different currencies, receive and convert crypto currencies to fiat currencies and visa versa

How quick can I have my account opened and ready to use?2020-02-06T14:41:38+00:00

This depends on how soon you are able to provide the requested KYC documents required. Once received, we can usually have accounts open and ready to use within 2-3 business days

What is B2B and C2B?2020-02-06T14:41:32+00:00

B2B is a transaction between two businesses where the sender and receiver are both legal registered businesses. C2B is a transaction between and private individual and a business where the private individual usually sends funds from their personal account to a business account.

What is the minimum for B2B payments?2020-02-06T14:41:27+00:00

The minimum single incoming B2B payment is €1,000 or equivalent depending on the currency you are receiving.

What is the minimum for C2B Payments?2020-02-06T14:41:21+00:00

The Minimum single incoming C2B payment is €100,000 or equivalent depending on the currency you are using. When receiving C2B payments, we will issue you with a one-time use account in order to process your request, once funds are received, you Rancvist Bank account will automatically be credited.

What exchange rate do you use?2020-02-17T16:50:16+00:00

As the majority of our clients use the EURO, our exchange rates are fetched directly from the European Central Bank

What crypto currencies do you support?2020-02-06T14:41:09+00:00

With your Rancvist Bank account comes with a load of special features, one feature is our Crypto Exchange service. You are able to receive and convert BTC, Ethereum, Litecoin and ripple

How will I know when my account has been opened?2020-02-06T14:41:02+00:00

Once your account has passed our KYC checks, your account will be passed onto our accounts team who will then proceed to open your account. Once opened and ready to use, we will send you an email confirmation, along with your account information in order for you to be able to do your first transaction.

How can I contact Rancvist Bank?2020-02-17T16:52:03+00:00

You may find our contact details on our Contact Us page, alternatively you may email our support team directly by sending an email to

Rancvist Bank, Online Business Banking Specially Tailored For Your Needs

Applying for a business account is as simple as 1,2,3

  • Enter your personal info

    Complete application form with your personal information

  • Attach your proof of ID and address

    Passport, License, Utility Bills, etc

  • Account approved in 2 days

    Receive approval within 48 hours of submitting your application.

Open your account today and enjoy banking benefits that no other bank is able to offer.