What is Bank Fric? Bank Fric Review, Features

Bank Fric is a digital bank in Liechtenstein, Europe.

About Bank Fric

• Bank Fric is a digital bank founded in 1998 and headquartered in Liechtenstein, Europe, with branches in London, UK and Switzerland. The bank is wholly owned by the Kunofric Family Foundation.

• Bank Fric specializes in providing banking services to financial intermediaries and professional clients in Eindhoven, Switzerland or other European single markets.

• Bank Fric provides support and advice to fintechs, asset managers, payment service providers, pension funds and trustees.

The History of Bank Fric

2021

The world’s first fully blockchain-based loan securitization is launched. Frick Bank is part of the process.

Bank Frick issues tokenized fund units for an alternative investment fund (real estate) for the first time.

The bank’s organizational structure has changed. The new organization aims to meet customer needs in a more targeted manner, including four business units: traditional banking, blockchain banking, funds and capital markets, and e-commerce.

Frick Bank now manages crypto assets totaling more than $1 billion.

All Frick Bank shares held by Net1 were bought back by KFS. The bank was once again fully controlled by KFS.

• 2020

Frick Bank introduced digital onboarding for all customer categories.

Frick Bank provides direct market access to stocks, ETFs and derivatives to funds and asset managers.

It is now possible to subscribe to all customer segments in bulk and execute large orders through Frick Bank Internet Banking.

• 2018

Bank Frick is the first bank in Europe to offer professional trading and secure custody of leading cryptocurrencies in a regulated banking environment.

• 2017

The following year, Net1 acquired a 30% stake in Frick Bank from the former sole owner, the Kuno Frick Family Foundation (KFS).

• 2016

Frick Bank and South African technology company Net1 have agreed on a strategic banking partnership.

• 2014

Edi Wögerer takes over the operational management of Bank Frick following the death of former CEO Jürgen Frick.

• 2011

Frick Bank opens a branch in London, England.

• 2011

Frick Bank becomes the first institution in Liechtenstein to receive a MasterCard and Visa acquiring license.

• 2008

Generational change: Dr. Mario Frick becomes Chairman of the Board of Directors. As Chairman of the Board of Directors, he takes over the strategic management of the bank.

• 1998

Liechtenstein trustee Kuno Frick Sr (1938-2017) founded Frick Bank together with his partners. As a private bank headquartered in Liechtenstein, Frick Bank mainly focused on financial intermediaries.

Service Scope

• Account and Security Escrow Account Management We focus on professional and efficient management of your account and security escrow account.

• Payment transactions , we reliably process your payments in Swiss Francs, Euros, Dollars, British Pounds and all other freely convertible currencies.

• Global trading of financial instruments With us you can easily trade stocks, ETFs, funds, certificates or bonds.

• Secure handling of cryptocurrencies , we can safely trade and hold cryptocurrencies for you.

• Foreign exchange transactions , we support foreign currency transactions (foreign exchange; spot and forward).

• 24/7 Direct Access to Our Broker To enable you to trade around the clock, every day of the week, we provide you with direct market access.

• Lending business , if you need liquidity or financing, we are here for you. Our range of services includes Lombardy loans, real estate financing and factoring, among other services.

• Digital Onboarding Tools for Your Clients Our account opening onboarding tools make your life easier, giving you peace of mind knowing that all regulatory documentation obligations for new clients are met .

• With added value
  Internet Banking Through our Internet Banking, financial intermediaries can, for example, issue payment instructions through the batch subscription function or easily trade securities using block orders.

• Safe deposit and precious metal storage , your physical assets can be safely kept in our vault system.

• No conflicts of interest . Frick Bank does not provide investment advice or portfolio management, nor does it sell financial products.