![]() ![]() ![]() "Bitsafe follows a risk-based approach when providing our services and we take advantage of the flexibility enshrined in EU anti-money laundering and countering the financing of terrorism (AML/CFT) laws", Mr. Bitsafe ensures that, in line with the Payment Accounts Directive (2014/92/EU), displaced persons from Ukraine have access to open and use payment accounts which will provide them with basic payment services. On 4 March 2022, EU Ministers activated the Temporary Protection Directive (2001/55/EC) which introduced temporary protection and support to persons fleeing Ukraine as a consequence of the war. BITSAFE DEBIT CARD FREEOnce there is money in the Bitsafe account, the free debit card allows them to immediately engage in transactions and start buying food, clothing and other necessary products and services which we all deem to be a normal necessity to live and work in the European Union."īitsafe answers the call of the European Banking Authority, made earlier this month, to facilitate access to basic payment accounts. But we know and understand that the majority of the Ukrainians have an understanding of basic English. However, the Bitsafe App and the monetary web interface are both in English. "We have launched a special website, in the Ukrainian language, to cater for the Ukrainians who are residing here in Europe. "New account holders are boarded in a few hours, sometimes even in minutes", says Leif. ![]()
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