[ANN] [ICO] MMRS - Money transfer and cash withdrawal on blockchain

[Bank4YOU_Group]

Can you describe your platform?

Hello!
Mobile money transfer or remittance is ‘a peer-to-peer (P2P) application making use of a mobile device to send money to family or friends, primarily across international borders’ 2. Usually, mobile money is a term used to describe services that allow electronic money transactions over a mobile device. It is also referred to as mobile financial services, mobile wallets, and mobile payments. For the purpose of this white paper, we shall consider mobile money to be a system of electronic payments that allows cross-border money transfers to any country. It also includes the withdrawal of funds in local currency (cash out) via the mobile money service or mobile airtime.
Bank4YOU Group’s ‘Mobile Money Remittance System’ will set a new trend in international money transfers and will contribute to the creation of fast, convenient, and secure money transfers worldwide.
The mobile app will also enable financial inclusion for people who are in desperate need of easy access to financial services in countries across Africa, Asia, and Latin America. It would also lead to new opportunities
for businesses, financial institutions, and mobile network operators to use crypto currencies.

[Bank4YOU_Group]

WHy are you better than other platforms? What are your advantages?

The mobile app will enable financial inclusion for people who are in desperate need of easy access to financial services in countries across Africa, Asia, and Latin America. It would also lead to new opportunities
for businesses, financial institutions, and mobile network operators to use crypto currencies.
Users will be provided with:
- Lower money remittance fees than what compatible services offer.
- As low volatility as possible of the means of payment.
- Simplicity of conversion into other means of payment and B2C interaction, which implies:
Wide network of existing agents capable of cashing out a payment tool or, conversely, accepting cash in exchange for electronic money (more convenient to handle and/or to transport) Bank4YOU Group plans to develop the business in the countries with already formed market of mobile money, hence the expenses connected with creation of dealer and agency networks won’t incur.
Possibility of automatically converting one payment tool into another means of payment – mobile money and at electronic money.
Possibility of buying/selling goods and services using a means of payment
Micro-crediting system

[Bank4YOU_Group]

I travel much, for business and with family. And you have to do with cross-border money transfer. Do you have something to keep money for travel safely?

Hello!
Yeah, sure! Bank4YOU Card has been designed for individuals, who don’t want or don’t have a possibility to obtain a foreign bank account. The card can be used to withdraw funds globally (in local currency). Ideal option for frequent travellers and students.

[buevevgen]

Can you describe your platform?

Hello!
Mobile money transfer or remittance is ‘a peer-to-peer (P2P) application making use of a mobile device to send money to family or friends, primarily across international borders’ 2. Usually, mobile money is a term used to describe services that allow electronic money transactions over a mobile device. It is also referred to as mobile financial services, mobile wallets, and mobile payments. For the purpose of this white paper, we shall consider mobile money to be a system of electronic payments that allows cross-border money transfers to any country. It also includes the withdrawal of funds in local currency (cash out) via the mobile money service or mobile airtime.
Bank4YOU Group’s ‘Mobile Money Remittance System’ will set a new trend in international money transfers and will contribute to the creation of fast, convenient, and secure money transfers worldwide.
The mobile app will also enable financial inclusion for people who are in desperate need of easy access to financial services in countries across Africa, Asia, and Latin America. It would also lead to new opportunities
for businesses, financial institutions, and mobile network operators to use crypto currencies.

What the currency do you accept?

[Bank4YOU_Group]

Check out the new video review!
https://www.youtube.com/watch?v=YriKrOHIqT0&feature=youtu.be

[Bank4YOU_Group]

Can you describe your platform?

Hello!
Mobile money transfer or remittance is ‘a peer-to-peer (P2P) application making use of a mobile device to send money to family or friends, primarily across international borders’ 2. Usually, mobile money is a term used to describe services that allow electronic money transactions over a mobile device. It is also referred to as mobile financial services, mobile wallets, and mobile payments. For the purpose of this white paper, we shall consider mobile money to be a system of electronic payments that allows cross-border money transfers to any country. It also includes the withdrawal of funds in local currency (cash out) via the mobile money service or mobile airtime.
Bank4YOU Group’s ‘Mobile Money Remittance System’ will set a new trend in international money transfers and will contribute to the creation of fast, convenient, and secure money transfers worldwide.
The mobile app will also enable financial inclusion for people who are in desperate need of easy access to financial services in countries across Africa, Asia, and Latin America. It would also lead to new opportunities
for businesses, financial institutions, and mobile network operators to use crypto currencies.

What the currency do you accept?

We accept Ethereum & Bitcoin and  USD / EUR / GBP (SWIFT / SEPA). No credit card accepted.

[buevevgen]

Can you describe your platform?

Hello!
Mobile money transfer or remittance is ‘a peer-to-peer (P2P) application making use of a mobile device to send money to family or friends, primarily across international borders’ 2. Usually, mobile money is a term used to describe services that allow electronic money transactions over a mobile device. It is also referred to as mobile financial services, mobile wallets, and mobile payments. For the purpose of this white paper, we shall consider mobile money to be a system of electronic payments that allows cross-border money transfers to any country. It also includes the withdrawal of funds in local currency (cash out) via the mobile money service or mobile airtime.
Bank4YOU Group’s ‘Mobile Money Remittance System’ will set a new trend in international money transfers and will contribute to the creation of fast, convenient, and secure money transfers worldwide.
The mobile app will also enable financial inclusion for people who are in desperate need of easy access to financial services in countries across Africa, Asia, and Latin America. It would also lead to new opportunities
for businesses, financial institutions, and mobile network operators to use crypto currencies.

What the currency do you accept?

We accept Ethereum & Bitcoin and  USD / EUR / GBP (SWIFT / SEPA). No credit card accepted.

DO you have some limited?

[Bayuvivi90]

Hello! Your project is very big. What was the hardestest thing in development?

[Bank4YOU_Group]

Can you describe your platform?

Hello!
Mobile money transfer or remittance is ‘a peer-to-peer (P2P) application making use of a mobile device to send money to family or friends, primarily across international borders’ 2. Usually, mobile money is a term used to describe services that allow electronic money transactions over a mobile device. It is also referred to as mobile financial services, mobile wallets, and mobile payments. For the purpose of this white paper, we shall consider mobile money to be a system of electronic payments that allows cross-border money transfers to any country. It also includes the withdrawal of funds in local currency (cash out) via the mobile money service or mobile airtime.
Bank4YOU Group’s ‘Mobile Money Remittance System’ will set a new trend in international money transfers and will contribute to the creation of fast, convenient, and secure money transfers worldwide.
The mobile app will also enable financial inclusion for people who are in desperate need of easy access to financial services in countries across Africa, Asia, and Latin America. It would also lead to new opportunities
for businesses, financial institutions, and mobile network operators to use crypto currencies.

What the currency do you accept?

We accept Ethereum & Bitcoin and  USD / EUR / GBP (SWIFT / SEPA). No credit card accepted.

DO you have some limited?

No maximum limit. The minimum sum of BFY tokens to purchase is 500 BFY

[Bank4YOU_Group]

Hello! Your project is very big. What was the hardest thing in development?

Thanks for support!
Our challenges, according to reports are :
- for the free functioning of the remittance system both within and outside a country, there is a strong need for the absence of restrictions on part of the financial regulator of that particular country (the central bank), along with the availability of open markets.
- for banking services to function properly, a large amount of digital infrastructure and user identification tools are needed.
-  users have to choose a solution that exists in the market but would be more expensive and will not be cross-border
The project is solving these challenges. Bank4YOU Group plans to spend crowd funded means on elaboration of its system of mobile money, development of new software, incorporation of microcrediting system, and new financial services based on Blockchain.

[kasterin111f]

How I can get bonus in your project?

[hroschi]

Hello. Your project is very huge. I see that you have well-done working service before ICO. Why you make decision to make ICO and why it so necessary?

[maxel83]

Will app be working for any national currency? Can I use it if going somewhere like UAH and others?

[Vylentinka]

When do you plan to go to exchanges? and what exchanges do you plan to use?

[Bank4YOU_Group]

How I can get bonus in your project?

Hi there!
We have a lot of interesting bonuses:

BANK4YOU GROUP OFFERS A SPECIAL BUNDLE BONUS!
That’s why it was decided to provide one last chance to buy BFY tokens with additional bonus during the closing days of token-sale.
Buying from 888 to 8 888 tokens? Get +2% bonus.
Purchasing 8 888 to 88 888 tokens? Obtain +8% bonus.
Paying for a bundle 88 888 to 888 888 tokens? Receive +18% bonus.
Investing in amount exceeding 888 888 tokens gives you a +28% bonus.
 
Also we have a referral program which works by means of distribution of a referral code and provides fixed remuneration at a rate of 40 BFY. The main condition should be followed such as there should be BFY tokens purchased during the ICO campaign on the user's account. The one who sent and the one who activated the referral BFY code will receive bonus at a rate of 20 BFY each and referral tokens will be granted after the end of ICO only to those who made an investment and will be sent to the user's Bank4YOU wallet.

And in case if you decide to purchase a package of 5000 BFY or 15000 BFY, you'll get special B4U cards as a present.

[Bank4YOU_Group]

Hello. Your project is very huge. I see that you have well-done working service before ICO. Why you make decision to make ICO and why it so necessary?

The mobile app will also enable financial inclusion for people who are in desperate need of easy access to financial services in countries across Africa, Asia, and Latin America. It would also lead to new opportunities
for businesses, financial institutions, and mobile network operators to use crypto currencies. Most of the funds will be forwarded towards development of digital infrastructure of mobile network operator’s consortium, which
will provide functioning of the MMRS system. So ICO is common and useful crowdfinding method among blockchain projects.

[Bank4YOU_Group]

Will app be working for any national currency? Can I use it if going somewhere like UAH and others?

Thanks for your question!
Yeah, the app will work with every local fiat currency of supported countries. For now our app provides the service in the following countries:
France, Germany, Italy, Spain, United Kingdom, Finland

You can download the application at this link:
https://itunes.apple.com/ua/app/bank4you/id1069036395?l=ru&mt=8
https://play.google.com/store/apps/details?id=uk.bank4you.client

[Bank4YOU_Group]

When do you plan to go to exchanges? and what exchanges do you plan to use?

Hello!
Unfortunately, we cannot disclose this information! Token will hit exchanges rightly after the end of ICO. For more news check out our links and stay tuned:


Official site        https://bank4you.io/index.html
Telegram - EN        https://t.me/Bank4YOUGroup
Facebook        https://www.facebook.com/Bank4YOUGroup
Twitter        https://twitter.com/Bank4YOUGroup
Bitcointalk ANN       https://bitcointalk.org/index.php?topic=2473174.new#new
Blog / Medium        https://medium.com/@Bank4youGroup
LinkedIn        https://www.linkedin.com/company/27007303/
Reddit https://www.reddit.com/r/ethtrader/comments/78o1ex/bank4you_ico_launching_their_bfy_token_10262017/
Github https://github.com/Bank4YOUGroup/BFYContracts

[Abdelmajid1]

What's the minimum investment to participate in ICO?

[mountainskyman]

What's the minimum investment to participate in ICO?

The minimum purchase is 500 BFY with 1 BFY equal to 0.21 USD. I saw it on their website. The price does seem rather high, to be honest because it turns to be around 100 bucks.