Announcing the launch of Locked Money Banking

August 7, 2025
5 minutes
Chris Farrell

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Locked Money πŸ”’ Banking:Β Β NOWΒ LIVE!


We're excited to announce the launch of Locked Money Banking β€” a fast, self-custodial, and high-limit fiat on/off-ramp built directly into your wallet or Vault.

Users of Locked Money can move between crypto and fiat with ease β€” no centralized exchanges, no third-party wallets, and no custodial lock-in.Β 
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πŸš€ What You Can Do Now

With Locked Money Banking, you can:

On-ramp: Move funds from your personal bank account directly into your wallet or Vault

Off-ramp: Convert crypto to fiat and withdraw directly to your bank

Stay self-custodial: No deposits into third-party platforms β€” everything starts and ends in your control

This is a major step toward our goal of building the most powerful, user-owned finance stack in the world.

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πŸ’Έ High Limits. Low Fees. Real Speed.

Up to $500,000 per transaction

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πŸ“ˆ High Limits. Low Fees. Real Speed.

1.5% flat fee for EEA, US,and Canada, 2.5% for the rest ( for now)β€” no hidden charges

Fast approvals and transfer times

No vault required β€” just connect your wallet

You can access it today at
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πŸ‘‰ app.locked.money/bank-transfers/sign-in

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🌍 Global Coverage

We currently support fiat banking in most major jurisdictions, and the list is expanding fast.

Available currencies include USD, EUR, GBP, CAD, and AUD β€” with more rolling out soon.

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πŸ›‘ KYC β€” Minimal, Fast, and Private

To activate banking, you'll go through a one-time KYC process:

Basic ID verification

Proof of address

Bank account details (securely stored for future use)

It's designed to be completed in minutes, with approvals often issued much faster than traditional platforms.
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πŸ”’ Built for Vaults β€” But Open to All

You don’t need a Locked Money Vault to use banking.

But if you do use one, you unlock:

Multi-sig control

Seedless recovery

AI co-signers (coming soon)

Whether you’re a first-time user or a pro managing funds for a DAO, the experience is designed to meet you where you are.


🧱 One More Brick in the Stack

Banking isn’t a side feature β€” it’s a core part of our mission.

We’re building the most complete, self-custodial financial stack in crypto. That means custody, legal structure, automation, and now, real-world rails.

No centralized exchange required.

No reliance on middlemen.

Just full control Β -- from start to finish.

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