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Overview

Description

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General Info

Address
266 O'Reilly Stream Zulaufland, NH 55365-3971
Phone number
Identification number
20691527
CEO
Dr. Jessy Ruecker Jr.
COB
Viola Hermann
Email
tmoore@trantow.com
Full name
Ruecker-Treutel LLC
Name
Ruecker-Treutel
Number of ATMs
63550
Number of branches
6276
Social Media
SWIFT code
QSPNOJIE
Year of foundation
2015

Overview

License type
E-Money Institutions (EMIs), Investment Banks, Offshore Banking License, Virtual Asset Service Providers (VASPs)
Authorities
AMF, MAS, SEC
Regulators
ACPR, FSPR
Country of registration
Timor-Leste
Business focus
Currency exchange, Mortgage, Student loans
Card/Payment Scheme
Alipay, Discover Financial Services, Mastercard
International Transfers
SEPA / SEPA Instant, ACH Transfers
Account Currency
BGN, XAF
AML Tolerance
High
Risk
Low risk
Crypto-Friendly

Commissions
Low
Mobile App
iOS, Android
Supported languages
Afrikaans, Amharic, Nepali, Spanish

Area served

Africa
Central African Republic, Ghana, Mauritius, Seychelles
Asia
Armenia, Iraq, Laos, Maldives
Australia and Oceania
Kiribati, Solomon Islands, Vanuatu
Europe
Bosnia and Herzegovina, Georgia, Serbia, Slovenia
North America
Belize, Jamaica, Saint Vincent and the Grenadines
South America
Argentina, Chile, Paraguay

Features

ATM support

Acquiring bank

Cryptocurrency exchange

Cryptopayments

Currency exchange

Expense Management Tools

International Transfers

Overdrafts

Personal Manager

Servicing of Individuals

Servicing of Legal entities

Products

CBDC

Cryptoprocessing

Investments

Loans - Car loans

Loans - Consumer loans

Loans - Microloans

Loans - Mortgage loans

Loans - Student loans

Payment Cards - CashbackCard

Payment Cards - Credit

Payment Cards - Crypto

Payment Cards - Debit

Payment Cards - Prepaid

Payment Cards - Travel

SEPA

SWIFT

Savings accounts

Staking

Time Deposits

Trading accounts

Pros & Cons

Pros

  • High Savings APY. High interest rates on savings accounts and deposits

  • Zero Account Maintenance Fees. No monthly account maintenance fees (with no hidden conditions)

  • Fast International Transfers. Fast processing of international transfers (SWIFT, SEPA, etc.) with minimal delays

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

  • Slow Customer Support Response. Slow customer support service, long response times in chats, or extended waiting times on the line

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

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