Bancoli

Secure Online Banking for Businesses

Keep your assets with a Qualified Custodian

Upon sign-up, you immediately get a self-custodial wallet that is powered by Coinbase. You can use this wallet right away for stablecoin payments.

Once you complete KYC you can move fiat funds as well with Bancoli, but unlike most fintechs, we are a chartered Bank that provides you with a bankruptcy-remote structure for unlimited levels of fund protection.

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Secure your funds with best-in-class options

Self Custodial Wallet for Stablecoin Payments

Your Bancoli account automatically comes with a self-custodial wallet for stablecoin payments. Funds in the self-custodial wallet are on-chain and remain in your custody.

If you wish not to use a self-custodial wallet, you can instead opt for a custodial USDC wallet that is available in the Premium plan and above.

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USD kept with US Qualified Custodians in Bankruptcy-remote Structure

USD portfolio is stored in a trust capacity with the largest Qualified Custodians in the United States, providing unmatched levels of fund protection.

You remain the legal owner of funds stored in your Smart USD account which means that even if Bancoli or any other party were to go out of business your asset ownership is secure and funds remain accessible.

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Your funds are safer, period

Fund protection stretches well beyond FDIC due to the full bankruptcy-remote Trust structure for USD storage. Bancoli accounts also have cutting-edge security features like 2-FA protection, identity verifications, and selfie checks that set the industry benchmark for secure, efficient, and reliable online banking.

Our passion is
safe and efficient
global payments

Bancoli was born out of our own needs, as we have been paying our global suppliers over the years. We've found that enabling direct and timely payments improved not only both parties' financial results but also the overall relationship, giving us significant advantages in the market.

Today, Bancoli automatically streamlines and accelerates payments between businesses, with the opportunity to generate meaningful benefits for both parties in every transaction.

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Security FAQ

Self-custodial wallets (your web 3 wallet available on the Free plan and above) are crypto wallets that are owned by you. Funds stored in your Web 3 wallet are funds on the blockchain and not held by Bancoli. Your ability to secure your wallet is fully up to you as Bancoli is not the custodian of these funds. If you wish to store your funds in Bancoli instead then upgrade to the Plus plan or above and move your funds into your Smart USD account.