Finyway LogoFinyway

Overview

Description

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General Info

Address
61614 Abelardo Circle Suite 212 Kaleightown, NH 15106
Phone number
Identification number
77150284
CEO
Jeanie Swift
COB
Humberto Herzog
Email
powlowski.delia@gmail.com
Full name
Padberg-Heidenreich and Sons
Name
Padberg-Heidenreich
Number of ATMs
67037
Number of branches
17178
Social Media
SWIFT code
LQQLOSCBSXL
Year of foundation
1995

Overview

Customer Segment
Servicing of Individuals, Legal Entities
License type
Retail and Commercial Banks, Trust and Company Service Providers
Authorities
ASIC, BaFin, CFTC
Regulators
BCRA, JSC, QCB, SPK
Country of registration
Saint Pierre and Miquelon
Business focus
API Banking, Cross-border Payments
Features
ATM support, Acquiring bank, Cryptopayments, International Transfers
Company Type
Bank, EMI
Card Networks / Card Schemes
Discover Financial Services, Mastercard, Rupay
International Transfers
CHAPS Transfers, SEPA
Account Currency
LKR, NPR, SRD, VUV
AML Tolerance
Medium-High
Risk
Low risk
Crypto-Friendly

Products
Loans - Consumer loans, Loans - Microloans, Loans - Student loans, Trading accounts
Commissions
High
Mobile App
iOS, Android, Web, Api
Supported languages
Estonian, Kazakh, Khmer, Korean

Area served

Africa
Liberia, Sierra Leone, Uganda
Asia
Afghanistan, China, Israel, Yemen
Australia and Oceania
Kiribati, Marshall Islands, Micronesia, Nauru
Europe
Finland, Portugal
North America
Antigua and Barbuda, Panama
South America
Brazil, Ecuador, Paraguay, Suriname

Pros & Cons

Pros

  • Direct Integration with Exchanges. Direct integration or partner gateways with popular crypto exchanges (fast and cheap deposits/withdrawals)

  • Instant Virtual Cards. Instant issuance of virtual cards right after opening an account or in just a few clicks

Cons

  • High Out-of-Network Fees. High fees for cash withdrawals at out-of-network ATMs or abroad

  • Expensive International Wire Transfers. High fixed fees or unfavorable exchange rates when sending or receiving international wire transfers

  • Strict Crypto Restrictions. Strict policy regarding cryptocurrencies: account freezes for transactions related to crypto or P2P

  • Strict Account Minimums. Requirement to maintain a high minimum account balance to avoid penalties or fees

  • Hidden Fees & Commissions. Presence of non-obvious fees (for bank statements, account inactivity, SMS alerts, etc.)

  • No Remote Onboarding. Inability to open an account remotely, requiring mandatory personal presence at a bank branch

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