Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

The Kingdom Bank Kingdom Bank

A plan byThe Kingdom Bank

2.5/5 2.3/5 · Data verified on

The Kingdom Bank is an offshore EMI with global availability, support for both crypto and fiat and a dedicated account manager. It is, however, weighed down by the absence of a clearly declared license, high fees, a lengthy KYC and no verifiable Trustpilot reviews: an offshore profile without verifiable oversight and high risk.

Kingdom Bank

Price
Free
Issuance fee
Free
Cashback
0%
Cashback currency
Nessuno
Cashback cap
Free
Required staking
Nessuno
Net annual cost
Free

What's included

  • Crypto-friendly UK bank
  • Trade finance focus
Free
Account fee
Deposit guarantee
Free
ATM withdrawal
Network
17
Transparency: Very low
17/100 · see methodology
17
Data exposure: Minimal
17/100 · lower is better for sovereignty · methodology

Data & conditions

Account fee Free
IBAN dedicato · DM
Multi-currency Yes · 80 currencies
Outbound transfers to third-party IBANs Yes
Utility direct billing No
SEPA direct debit (SDD) No
On-chain crypto withdrawal Yes
Interest on balance 0%
ATM withdrawal Free
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries EEA, APAC, LATAM, MENA, AFRICA · 100+ countries
Regulator Financial Services Unit, Ministry of Finance of Dominica
OAM Italy registration No
Segment B2C
Past incidents [object Object] · [object Object]
MiCA / License status International Banking License Nessuna licenza verificabile

Strengths

  • Availability global; supporto crypto+fiat; account manager dedicated.
  • No notable sovereignty advantage documented.

Weaknesses

  • ⚠️ no license; fee high; KYC lungo; no Trustpilot verificabile.
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (Nessuna licenza verificabile): reporting to authorities and freezes on order.

Verdict

D C ★ 2.5/5 ★ 2.3/5

The Kingdom Bank is an offshore EMI with global availability, support for both crypto and fiat and a dedicated account manager. It is, however, weighed down by the absence of a clearly declared license, high fees, a lengthy KYC and no verifiable Trustpilot reviews: an offshore profile without verifiable oversight and high risk.

Privacy & anonymity 30% 1.8
Fund control 20% 2.5
Censorship resistance 20% 1.5
Costs 10% 5.0

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

Is The Kingdom Bank a real bank?

The Kingdom Bank is a digital financial service. The deposit-protection scheme is not documented for this service; check the official terms.

Can I send transfers to third-party IBANs with The Kingdom Bank?

The ability to send transfers to third-party IBANs is not documented; check the official website.

Does The Kingdom Bank support direct debits and utility billing?

SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.

Which fiat currencies does The Kingdom Bank support?

The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.

Can I withdraw crypto on-chain from The Kingdom Bank?

On-chain crypto withdrawal is not documented; check the official website.

Sources

Update history

✓ Terms unchanged since Jun 14, 2026

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