crypto friendly bank
Intesa Sanpaolo
Headquarters: Turin, Italy • Founded: 1970
About Intesa Sanpaolo
Intesa Sanpaolo is ranked #35 in the list of largest global banks by assets under management. It serves retail and corporate clients worldwide, offering standard commercial banking, wealth management, and capital markets access. Regarding digital assets, its stance is crypto-friendly, offering integrations with major exchanges and custodians.
Regulations & Trust Profile
Banking License Type
commercial bank license
Licensed/Regulated By
Italy Central Bank
MiCA Compliant (EU)
Yes
Deposit Insurance
Italy Deposit Insurance (up to $100,000)
Supported Services & Assets
Fees & Pricing
Account Monthly Fee
$10/mo
Crypto Trading Fee
1.5%
Wire Transfer Fee
$15
Crypto Withdrawal Fee
$5
Pricing Notes: Crypto services may require external account linking.
Pros
- Huge liquidity
- Global network
- FDIC/local deposit protection
Cons
- Rigid traditional structure
- No direct custody of crypto assets
Frequently Asked Questions
Is Intesa Sanpaolo safe for crypto?
Is Intesa Sanpaolo FDIC insured?
Yes, standard cash deposits are insured under the Italy Deposit Insurance scheme up to $100,000 or local equivalents. However, government deposit insurance schemes do not cover cryptocurrency holdings.
Does Intesa Sanpaolo support business accounts?
Yes, Intesa Sanpaolo supports corporate and business accounts. Startup and business verification is subject to standard AML and company registration checks.
What countries does Intesa Sanpaolo operate in?
Intesa Sanpaolo operates primarily in Italy, and supports international clients from IT.
What are Intesa Sanpaolo's crypto fees?
Monthly account fees are $10. Crypto trading fees are 1.5%.
Can I send crypto directly from Intesa Sanpaolo?
No, Intesa Sanpaolo only supports fiat bank transfers and does not support on-chain cryptocurrency withdrawals.