The world of traditional banking is changing rapidly. Increasingly strict regulations, automatic reporting systems (CRS/DAC8) and the threat of central bank digital currencies (CBDC) mean that your bank account is no longer as private as you might think. Every major transaction is documented, monitored and, in case of doubt, blocked.

This is exactly where the offshore IBAN account via CcoinFinance comes in - an innovative bridge between traditional banking and the new decentralized financial world (Web3). Your access is via your personal STR.domain, which serves as your digital key to the entire Sourceless account.

Offshore IBAN account: Definition and how it works

An offshore IBAN account is a personal bank account that is opened outside of the European Common Reporting System (CRS). At CcoinFinance, this is done in cooperation with JDB Bank in Laos - a country that does not participate in the automatic exchange of information.

• The account is in your own name.
• You will receive a classic IBAN for transfers.
• The account is connected to the HEX Hybrid Exchange - for direct on/off ramps between fiat and crypto.

The advantages at a glance

• Financial privacy: No automatic CRS reporting to German or European authorities.
• Tradition & Web3 combined: Classic transfers plus wallet/exchange in one system.
• Global flexibility: Transfers worldwide - without local bank blockades.
• Easy integration: Your offshore account is directly linked to your STR.domain (Sourceless account).

Virtual and physical cards

You already receive virtual Visa cards for your offshore account. You can use them to pay online immediately - compatible with Google Pay and Apple Pay. A physical card is also planned, which you can order for an additional charge (approx. 50-70 US dollars$).

Common misunderstandings - briefly explained

An offshore IBAN account is not an anonymous "shadow account". It is regularly opened in your name (KYC). The difference is that it is outside the European monitoring and reporting system.

• Full functionality like a normal bank account.
• No automatic forwarding of your data via CRS.
• You remain the legal account holder and decide how you use it.

The future: freedom through Web3

While European banks often check or block transfers with the intended use "crypto" separately, the offshore setup in combination with the HEX Hybrid Exchange already enables smooth processes today. Your STR.Domain connects your digital identity with all modules of the Sourceless ecosystem - from offshore banking and STR.Talk to ARES AI and SLNN Mesh. Against the backdrop of planned CBDCs, a Sourceless account with STR.Domain is a robust shield against increasing centralization.

Sourceless experience: voices from the community

• No blocked transactions when using crypto.
• Ready for immediate use via virtual cards (Google Pay/Apple Pay).
• Banking & Web3 seamlessly in one system - with on/off ramps.

Conclusion: Secure an offshore IBAN account with STR.Domain

An offshore IBAN account is not a luxury product, but the practical basis for anyone who wants to retain privacy, sovereignty and the ability to act globally. With your STR.Domain, you not only secure your digital identity on the web3, but also your sourceless account with IBAN - independent, flexible and future-proof.