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SECURING 🔒 YOUR DIGITAL WEALTH

A Guide to Locked Money’s Multi-Sig Vaults

👋 Hi there!

**What is Locked Money's Banking Access?**  
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It’s where cryptocurrency meets real-world banking, enabling seamless movement between digital assets and traditional fiat currencies.
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- **Off-Ramp**: Convert crypto (from your Locked Money Vault or Wallet) to your local currency and send it to your bank account with just a few clicks.  
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- **On-Ramp**: Send fiat from your bank to Locked Money, where it’s converted to a stablecoin and deposited into your Vault or Wallet—your choice.

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🔒 Locked Money’s Banking Access

VIDEO 1:  Introduction

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🔒 Locked Money’s BANKING ACCESS:

VIDEO 2:  Getting Started

We’ve created the industry’s easiest, most secure, and most direct on/off-ramp solution, letting you move between crypto and fiat without hassle.

**Step 1: Supported Assets**  

Initially, you can off-ramp **USDC** (a stablecoin) to your bank, where it will be converted to your local currency. More stablecoins will be added later.  
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- To off-ramp other assets (e.g., ETH), swap them for USDC within Locked Money first.  
- For on-ramping, send fiat (e.g., $100 in the US), and it will arrive as 100 USDC in your Vault or Wallet.
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**Step 2: KYC (Know Your Customer)**  
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Before accessing Banking Access, you must complete a one-time KYC verification to confirm your identity and bank account. You’ll need:  
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- A valid passport  
- A bank statement (PDF, from the last 3 months)  
- A utility bill (PDF, from the last 3 months)  
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You can typically download these documents from your online banking or utility provider’s website.
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**Step 3: Approval**  
After submitting your KYC documents, approval takes up to 24 hours. Once approved, you’ll gain access to the Banking Area.

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🔒 Locked Money’s BANKING ACCESS:

VIDEO 3:  KYC: Step-by-Step Guide

This video walks you through the entire KYC process to unlock Banking Access.

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**Learn more about Banking Access**:  
Locked Money Guide:

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VIDEO 4:  BANKING: Off-Ramping

Off-ramping is simple! Send USDC from your Locked Money Vault or Wallet to your bank account, where it’s converted to your local currency
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🔒 Locked Money’s BANKING ACCESS:

VIDEO 5:  BANKING: On-Ramping

PLEASE NOTE:  The on ramping process will be activated with the first week of August.
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🔒 Locked Money’s BANKING ACCESS:

VIDEO 6:  FAQs & Wrapping Up

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For detailed information on fees, supported jurisdictions, and more, check our regularly updated **Gitbook**
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Here are answers to common questions:
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- **Supported Regions for Off-Ramping**: Most countries, including the European Economic Area, US, Australia, Canada, and non-sanctioned nations.  
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- **Supported Regions for On-Ramping**: Similar to off-ramping, though some areas (e.g., the UK) may not be available initially.  
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- **Transaction Speed**: Varies by region. SEPA transactions (e.g., in Europe) are often instant, while SWIFT transactions may take up to a day. Most regions see funds settle within minutes.
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For the latest details, visit our Gitbook linked below.
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**Learn more about Banking Access**:  
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Locked Money Guide

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