Xapo Bank Announces Updated Member Benefits Including 4.1% interest on US Dollars, 1% Interest on Bitcoin, and GBP Transfer Capabilities through the Faster Payment System (FPS)

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BANGKOK, THAILAND – Media OutReach – 21 March 2023 – Xapo Bank, the world’s first international private bank to combine traditional banking with Bitcoin, has announced its members worldwide will earn an interest rate of 4.1% on US Dollar deposits*. Xapo Bank has also introduced 1% interest on Bitcoin, divided over the year and paid out daily, and from this week, Xapo Bank has also added support for GBP through the Faster Payment System. This means members will be able to make payments directly to UK Banks and participating territories as well as to wallets like Wise, Revolut or many exchanges.

https://www.linkedin.com/company/xapoprivatebank/?originalSubdomain=gi

The issuer is solely responsible for the content of this announcement.

About Xapo Bank

Xapo Bank is the world’s first international private bank to combine traditional banking with Bitcoin, experienced via an app built on a next-generation secure digital platform.

Xapo Bank originated as cryptocurrency wallet Xapo, founded in 2013 by Wenses Casares. The dream behind Xapo Bank is a world that enjoys economic freedom and wealth protection, no matter where you live or who is running your country. Members of Xapo Bank enjoy the freedom of knowing that their wealth is protected, have instant access to US dollars, can immediately buy and sell their Bitcoin, and exchange USDC to USD instantly in the most secure and safe way possible.

Xapo Bank renders its services through fully regulated entities within the legal jurisdiction of Gibraltar, a rock-solid jurisdiction with a 300-year history of stability and UK standards of law and protection of property rights. Xapo Bank and Xapo VASP are fully segregated and regulated by the Gibraltar Financial Services Commission (GFSC), and all members’ fiat deposits are protected up to 100K Euros under the Gibraltar deposit guarantee scheme.

Xapo Bank has a global branch in Gibraltar that members can visit anytime and currently has a 100% remote workforce of 200 Xapiens.