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Author Topic: [ANN] [ICO] MMRS - Money transfer and cash withdrawal on blockchain  (Read 11024 times)
mahamuda
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March 12, 2018, 05:21:31 PM
 #2861

Do you have bounty? Can i participate?
Bank4YOU_Group (OP)
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March 12, 2018, 05:23:07 PM
 #2862

Do you have bounty? Can i participate?
Yes, we have.
For all details see https://bitcointalk.org/index.php?topic=2659330.new#new



ArifBestari
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March 12, 2018, 05:30:06 PM
 #2863

Will I be able just transfer money from your app to my friend without buying your tokens?
Bank4YOU_Group (OP)
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March 12, 2018, 05:36:03 PM
 #2864

Will I be able just transfer money from your app to my friend without buying your tokens?
Hello!
The main component of the MMRS is a system of tokens tied to local currencies of the countries of system user’s countries, which enables fast, reliable and cheap remittance of values across the borders of states and continents. Operating such tokens makes it possible to increase the user trust in the system providing the simplest and the most understandable mechanism for converting fiat currencies into electronic ones. The issue of tokens occurs only on condition of the fiat money being brought into the system, which is intended to ensure the stability of the exchange rate.
JanyJeand31
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March 12, 2018, 05:41:52 PM
 #2865

Is there any probability of re-extension of ICO?
Bank4YOU_Group (OP)
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March 12, 2018, 05:44:56 PM
 #2866

Is there any probability of re-extension of ICO?
Hello.
The main sale dates will not extend and it will end on 31th of March, 2018.
urikmarkov
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March 13, 2018, 09:38:29 AM
 #2867

I bought your tokens. Can you please tell me how to change my wallet adress on my account bank4you?
Bank4YOU_Group (OP)
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March 13, 2018, 09:39:57 AM
 #2868

I bought your tokens. Can you please tell me how to change my wallet adress on my account bank4you?

Please visit here https://cabinet.bank4you.io/destination-wallet , insert new wallet and save
Vaerros
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March 13, 2018, 10:31:27 AM
 #2869

Hello, I cannot find find your bank on Financial Conduct Authority FCA website. Are you registered there?
Bank4YOU_Group (OP)
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March 13, 2018, 10:32:17 AM
 #2870

Hello, I cannot find find your bank on Financial Conduct Authority FCA website. Are you registered there?

Thank you for your question! Yes, we are, please visit https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000001EiDRCAA3
sergey345
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March 13, 2018, 12:06:53 PM
 #2871

The idea of your project is clear. But what part of the income gained from Bank4You Group bank activites goes to token holders? What percentage? How frequently? Pease can you expalin the point a little bit?
Bank4YOU_Group (OP)
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March 13, 2018, 12:29:49 PM
 #2872

The idea of your project is clear. But what part of the income gained from Bank4You Group bank activites goes to token holders? What percentage? How frequently? Pease can you expalin the point a little bit?

Yes, sure. Part of total group companies income up to 1% received from loan products implementation, 1% of income by group of companies of mobile money remittances total turnover is divided between tokenholders.
Please see page 23-24 of our WP http://bank4you.io/docs/Bank4YOU_MMRS_WP_EN.pdf , you can find the actual formula of calculating holder’s award during payment period, which is 1 quarter of a year.
JaneAcker361
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March 13, 2018, 02:56:28 PM
 #2873

I would like to make sure that I can use my eth wallet at an exchange platform when I buy your tokens. Can I?
Bank4YOU_Group (OP)
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March 13, 2018, 03:00:39 PM
 #2874

I would like to make sure that I can use my eth wallet at an exchange platform when I buy your tokens. Can I?

No, do not use an ETH wallet from an exchange platform.
aalavandan
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March 13, 2018, 03:45:37 PM
 #2875

I would like to compare your money transfer system. What will be the fee if I want to change from your token to my currency?
Bank4YOU_Group (OP)
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March 13, 2018, 03:46:23 PM
 #2876

I would like to compare your money transfer system. What will be the fee if I want to change from your token to my currency?

The fee is the one on Ethereum network. This makes it possible to offer lower fees, even when compared to the mobile money technology (for example, M-PESA charges a fiat fee of $0.40 for P2P remittances and a withdrawal fee of $0.33 for withdrawals under $33), especially if there is no need for an instant execution of the transaction. In the event of increasing the transaction confirmation time to five minutes, the fee is significantly reduced. The remittance price in a public Blockchain Ethereum is much lower than that of any of the systems under consideration.
gembira
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March 17, 2018, 08:14:43 AM
 #2877

What different here between similar projects? (to be precise, projects which want to make same). I mean Centra, STK and other similat projects. Because they dont have Visa or Mastercard agreement, and so dont have nothing. And you have agreement?
Bank4YOU Group's Mobile Money Remittance System works mainly with mobile operators to provide quality services. The competitors that you mention are working differently. Collaboration with mobile operators gives us the opportunity to use a wide network around the world.
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.

But you want to convert crypto to fiat? You must have for this virtual cards (Visa or Master). And must have lisence from them. But they want not working with crypto.
Bank4YOU_Group (OP)
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March 17, 2018, 06:06:08 PM
 #2878

What different here between similar projects? (to be precise, projects which want to make same). I mean Centra, STK and other similat projects. Because they dont have Visa or Mastercard agreement, and so dont have nothing. And you have agreement?
Bank4YOU Group's Mobile Money Remittance System works mainly with mobile operators to provide quality services. The competitors that you mention are working differently. Collaboration with mobile operators gives us the opportunity to use a wide network around the world.
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.

But you want to convert crypto to fiat? You must have for this virtual cards (Visa or Master). And must have lisence from them. But they want not working with crypto.

MMR token is converted automatically in our app. It has fixed rate. User gets fiat money via mobile money. So our app works with blockchain only.
Bank4YOU_Group (OP)
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March 18, 2018, 06:12:08 AM
 #2879

Bank4YOU Group delighted to announce our new CEO Mr. Shantnu Saxena
https://medium.com/@Bank4youGroup/bank4you-news-new-ceo-shantnu-saxena-ea29fb7fd470
Bank4YOU_Group (OP)
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March 19, 2018, 06:08:49 PM
 #2880

Bank4YOU Announces Receiving Byteball Payments - https://news.bitcoin.com/pr-bank4you-announces-receiving-byteball-payments/?utm_source=PR%3A%20Bank4YOU%20Announces%20Receiving&utm_medium=telegram&utm_campaign=Telegram%20Channel
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