DESK RESEARCH
AMINA Bank review
Swiss FINMA-licensed crypto bank — institutional + HNW
The verdict
5.6 / 10 · SKIP
AMINA Bank (formerly SEBA Bank, rebranded 2024) is one of only two crypto-native operators with a full Swiss FINMA banking licence. Institutional and HNW-only — no retail. Custody + trading + lending + structured products on a Swiss-bank balance sheet, with statutory crypto-asset segregation under the 2021 DLT Act. Hong Kong SFC + Abu Dhabi ADGM subsidiaries serve Asia and GCC. Not available to US persons.
◆ BUY IT IF
- Full Swiss FINMA banking licence — among the strongest regulatory frameworks for crypto custody globally
- Statutory customer-asset segregation under the 2021 DLT Act (Banking Act Article 16)
- Multi-jurisdiction footprint (CH + HK + UAE) for institutional cross-border use
- On-balance-sheet custody at a fully regulated bank, not a trust company
◇ SKIP IT IF
- Institutional + HNW only — not accessible to retail users
- High minimum account thresholds; specific minimums not publicly disclosed
- Lengthy KYB/KYC onboarding process
- Narrow coin coverage compared to non-bank exchanges
§ 01 SCORE BREAKDOWN
Eight axes, weighted.
DIMENSION WEIGHT RATING SCORE
Regulatory safety
Swiss FINMA full banking + securities-dealer licence; Hong Kong SFC Type 1 + 4 + 7 via subsidiary; Abu Dhabi A
Card & IBAN
Multi-currency IBAN · physical + virtual cards
Yield
No yield product
Coin selection
12 coins supported
App UX
Transparency
Proof of Reserves, public filings, incident history
Fees & spreads
Institutional bespoke pricing; specific fee schedule not publicly disclosed — contact for engagement terms
Support
§ 02 THE FIELD TEST
How we tested AMINA Bank.
Drafted from public sources — FINMA banking licence verified against the regulator's register (entity name: AMINA Bank AG, formerly SEBA Bank AG; banking-licence class). 2024 rebrand from SEBA to AMINA reflected new majority shareholder + capital raise. Hong Kong + ADGM subsidiaries are separately licensed entities under the AMINA Group corporate structure. Not yet field-tested.
DATE STEP TIME NOTES
— Account opened — KYC completed end-to-end
— First deposit — Not yet field-tested — record drafted from public sources; first-hand testing scheduled for the next review cycle.
— First withdrawal — Not yet field-tested — record drafted from public sources; first-hand testing scheduled for the next review cycle.
— Card activated — Card not supported / not ordered
— Last hands-on check — Drafted from public sources — FINMA banking licence verified against the regulator's register (entity name: AMINA Bank AG, formerly SEBA Bank AG; banking-licence class). 2024 rebrand from SEBA to AMINA reflected new majority shareholder + capital raise. Hong Kong + ADGM subsidiaries are separately licensed entities under the AMINA Group corporate structure. Not yet field-tested.
§ 03 SPECIFICATIONS
Everything, in one table.
Regulation
- Regulatory status
- Swiss FINMA full banking + securities-dealer licence; Hong Kong SFC Type 1 + 4 + 7 via subsidiary; Abu Dhabi ADGM FSP via subsidiary; EU MiCA passporting in application
- FDIC insurance
- No
- MiCA compliant
- No
- Founded
- 2018
- HQ
- Switzerland (Zug)
Fees
- Monthly account fee
- —
- Trading fee
- —
- Withdrawal fee
- custom
Yield & products
- Earn yield
- Institutional structured products with variable yield; specific rates not publicly disclosed
- Max APY
- —
- Staking
- Yes
- Crypto-backed loans
- Yes
- Supported coins
- 12
Banking
- IBAN
- Yes
- Debit card
- No
- DeFi access
- No
- NFT support
- No
Regions
- Regions available
- EU, Asia, GCC
- Markets served
- Switzerland, Hong Kong, Abu Dhabi / GCC institutional, EU (institutional, MiCA passporting in progress), Global institutional (ex US + sanctioned)
Support
- Trustpilot
- N/A
§ 04 FAQ
Frequently Asked Questions
Is AMINA Bank safe? +
AMINA Bank has a regulatory status of: Swiss FINMA full banking + securities-dealer licence; Hong Kong SFC Type 1 + 4 + 7 via subsidiary; Abu Dhabi ADGM FSP via subsidiary; EU MiCA passporting in application. Always verify current regulatory status directly with the platform before depositing.
What is the maximum APY on AMINA Bank? +
AMINA Bank does not offer a traditional yield/APY product. Institutional structured products with variable yield; specific rates not publicly disclosed
Where is AMINA Bank available? +
AMINA Bank is available in: EU, Asia, GCC. Markets served: Switzerland, Hong Kong, Abu Dhabi / GCC institutional, EU (institutional, MiCA passporting in progress), Global institutional (ex US + sanctioned).
Does AMINA Bank have a debit card? +
No, AMINA Bank does not currently offer a debit card.