I'm surprised that e.g. Relai doesn't give users an IBAN.
If you buy, you're sending fiat to a Relai-named account. If you sell, you're withdrawing Fiat from a Relai-named account.
If your bank thinks that Relai is a naughty Bitcoin exchange, they might consider you being their customer too risky and terminate your bank account.
I agree.
But not sure a Maltese account, even if IBAN, won't raise similar flags if you have no ties to Malta.
Better than nothing though.
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Replying to myself: I speculate that Relai doesn't do this because otherwise they would have to KYC all customers, not just those who buy larger amounts.
Bringin KYCs everybody, so they are able to offer dedicated IBANs.
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