Proxima Eight FZE LLC
Business Centre, Sharjah Publishing City Free Zone, Sharjah, United Arab Emirates
Business Centre, Sharjah Publishing City Free Zone, Sharjah, United Arab Emirates
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How a FINMA-Licensed Crypto Company Secured a Business Account with Amina Bank Switzerland
Opening a Swiss bank account for a crypto company is one of the most rigorous compliance tasks in Europe. In this case study, we helped a FINMA-licensed crypto firm secure a business account with Amina Bank Switzerland (formerly SEBA Bank), enabling full access to fiat infrastructure, custody, and institutional-grade trading APIs.
UAE
9+ Years of Compliance Expertise
Project Based Delivery
Saudi Arabia
Oman
Bahrain
End-to-End Execution
Hands-on Partnership
Speed + Accuracy
Europe
Despite full FINMA authorization, the client faced onboarding challenges:
- Complex international shareholding and licensing structure
- Regulatory concerns over hybrid business model (tokens + services)
- Strict scrutiny from Swiss banks regarding crypto-related inflows
- No prior banking relationship in Switzerland
Our Solution
We managed the onboarding process from a regulatory, legal, and operational perspective:
-
Prepared a comprehensive onboarding pack: company documents, license, shareholding breakdown -
Provided a detailed source of funds report and transaction flow projection -
Mapped fiat access needs, custodial integrations, and trading API usage -
Addressed all regulatory and risk concerns with formal justification documents -
Worked directly with Amina’s VIP onboarding desk to ensure alignment
Why This Case Is Important
Even highly regulated crypto companies often struggle to access Swiss banking due to complex structures or cross-border risk.
This case demonstrates that with a properly documented compliance framework and professional positioning, Swiss crypto banking is achievable.
This case demonstrates that with a properly documented compliance framework and professional positioning, Swiss crypto banking is achievable.
Why AML Zone?
- Deep crypto compliance expertise→ Our core team consists of experts in AML, CTF, and virtual asset regulation, with years of crypto-specific legal and operational experience.
- Experience with real VARA cases→ We’ve successfully guided VASPs through real MVP and FMP license applications — with practical insights into what VARA expects.
- Clear pricing and deadlines→ Fixed project-based fees, clear deliverables at each step, and realistic timelines for each licensing phase.
- Local + global understanding→ We combine knowledge of UAE and VARA frameworks with global best practices (EU, UK, Cayman, BVI, Estonia, Lithuania)
- End-to-end service→ From preparing your IDQ, risk matrix, and AML manual to structuring your Board and hiring a qualified MLRO — we handle it all.
- Multilingual subtitles
→ Documentation and communication available in English, Russian, and Arabic — seamless support across cultures.
Frequently Asked Questions
Yes — Amina Bank, Sygnum, and Dukascopy onboard regulated crypto firms under strict compliance.
It helps, but banks still apply independent due diligence on risk, source of funds, and business logic.
Usually 4–8 weeks. In this case: 6 weeks.
Rarely. Strong preference is given to EU/Swiss entities with full transparency and purpose.
Secure Your Business Bank Account Now
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