Michael Gastauer, founder and CEO of WB21, said that while a bank accepting bitcoin is “quite unusual”, the move will provide huge benefits to its clients.
“By accepting bitcoin, our customers can instantly transfer funds to their WB21 account from any country in the world. As soon as they send bitcoin to our address, we credit the value in the currency the customer has selected to their checking account. The funds are instantly available on the account and can be sent out by wire transfers or spent with a WB21 Debit Card. The process to convert bitcoin into cash on a bank account is the fastest I am aware of. For us the acceptance of Bitcoin is a great way to support our global roll-out and improve customers fund depositing experience”, Gastauer added.
http://www.econotimes.com/Digital-bank-WB21-allows-bitcoin-deposits-via-BitPay-221883#