Mt Pelerin revolutionizes transfers between crypto and traditional banking with multiple IBANs

MetaEggplant · 2026-01-13T09:10:12+00:00

Mt Pelerin has launched an innovative solution merging crypto and traditional finance by offering personalized IBANs for euros and Swiss francs. Users can easily send and receive funds, with automatic conversion into chosen cryptocurrencies, ensuring full control over their assets without intermediaries. The service supports over 30 cryptocurrencies and simplifies compliance with no fees or special tax declarations required.

MetaEggplant

2026-01-13 09:10:12

Abstract generation in progress

The Mt Pelerin platform has just deployed an innovative solution that bridges the gap between the crypto ecosystem and the traditional financial system: customized IBANs that operate in both euros and Swiss francs. Users can generate these unique identifiers to receive and send funds seamlessly, with automatic settlement into their self-custody wallets.

How this proposal works

The mechanism is straightforward: each user obtains a cryptographic IBAN linked to their profile. When they receive bank transfers in euros or Swiss francs from anywhere in the world, Mt Pelerin automatically converts these funds into the chosen cryptocurrency and deposits them into the wallet fully controlled by the user. There are no intermediaries holding their assets.

Global reach and extensive compatibility

The service operates worldwide with specific regulatory exceptions. The platform supports more than 30 cryptocurrencies deployed across 15 different blockchain networks, offering flexibility for both main assets and specialized tokens. This range of options means each user can choose exactly where to host their converted funds.

Practical advantages of the model

There is no fee for using the IBAN. Nor is there a need to fulfill special declarations to tax authorities, as it technically does not constitute a traditional bank account, only a conversion gateway between systems. This legal structure significantly simplifies procedures for users in multiple jurisdictions who need to move assets between euros, Swiss francs, and digital assets.

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