# Bank Frick: Liechtenstein Bank for Crypto Business and Financial Intermediaries > Bank Frick: full FMA Liechtenstein banking licence, EEA-wide MiCAR passport, custody, staking, tokenization. Entry thresholds and onboarding explained. Author: Алёна Дунаева — юрист, Family Office (https://wiki.private.law/authors/dunaeva) Last modified: 2026-07-02T15:30:00.000Z Canonical: https://wiki.private.law/en/bank-frick Topics: banking Jurisdictions: liechtenstein, eu, uae Functional tags: crypto-friendly, corporate-banking Semantic tags: crypto-friendly, corporate-banking Article type: child --- **Lawyer, Family Office** --- Bank Frick is a family-owned bank from Balzers, Liechtenstein, founded in 1998 and 100% held by the Kuno Frick Family Foundation (the foundation bought back Net1's stake in 2021). Its positioning is honest and narrow: "the bank for financial intermediaries and finance professionals". This is not a private bank for strolls along a Geneva embankment — it is working infrastructure for funds, neobanks, fintechs, trustees and family offices. Bank Frick entered crypto earlier than almost anyone in Europe: it has offered regulated trading and custody of digital assets since 2018, and Liechtenstein's Blockchain Act (TVTG) gave that a solid statutory base. Liechtenstein is part of the EEA, so banking services passport across the entire European Economic Area. ## Licence and Supervision A full Liechtenstein banking licence supervised by the FMA. Deposits are covered by the Liechtenstein deposit guarantee scheme (up to CHF 100,000). The key recent event: in January 2026 Bank Frick received MiCAR authorisation from the FMA — custody, order execution and transfer services for crypto assets can now be offered to clients across all 30 EEA countries without separate local licences. Beyond Europe — a DFSA licence and a branch in DIFC (Dubai). ## Products - Classic banking: multi-currency accounts, payments, e-banking — the fiat backbone crypto businesses usually lack. - Custody and trading of digital assets (BTC, ETH, BCH, ADA, DOT, XTZ and more) on institutional infrastructure (Fireblocks); sponsored access to RULEMATCH since 2025. - Staking from within the custody perimeter. - Tokenization: structuring tokenised assets — real estate, commodities, funds; token sale support. - Infrastructure for neobanks and e-commerce: acquiring and vIBANs — virtual IBANs with automatic routing of incoming payments. ## Who It Suits and Entry Thresholds The core clientele is B2B: asset managers, trustees and corporate service providers, funds, insurers, law firms, fintech and crypto companies, family offices. Walk-in private clients are not the focus: per public intermediary sources, the minimum balance for a private account is EUR/USD/CHF 500,000, and corporate cases are assessed individually. Geography per the bank's official FAQ: the EEA, Switzerland, the UK, Hong Kong and Singapore; other jurisdictions — "in very exceptional cases", where the relationship offers clear value to both sides. ## Onboarding and Compliance Onboarding is digital — for legal entities (companies, foundations, holdings) and for individuals. Review runs deep: the bank explicitly warns that every application is examined in full. For crypto businesses, the client's own regulatory standing is critical — VASP/CASP status, clean tokenomics, a transparent flow of funds. Sanctions-sensitive profiles without a strong documentation package do not get through. ## Risks and Limitations - Small scale: 2025 profit of CHF 9.2 million — a boutique, not a systemic bank. - Per public reports (finews), the Kuno Frick Family Foundation, supported by PwC, is reviewing strategic options up to a sale or a new investor — corporate news is worth monitoring. - A hard geographic filter: clients outside the EEA / Switzerland / UK / Hong Kong / Singapore must justify "exceptionality". - The private-client threshold makes the bank irrelevant for smaller tickets. > 🍓 Bank Frick is an infrastructure bank for crypto businesses and professional intermediaries: a full FMA banking licence, an EEA-wide MiCAR passport, custody + staking + tokenization and fiat rails in one window. For a family office it works as an operational and custody perimeter — not as a private bank replacement. ## Q/A ### **Is Bank Frick a crypto bank or a regular bank?** A regular Liechtenstein bank with a full licence that was among the first in Europe (since 2018) to add regulated crypto services. Fiat and crypto live in one banking perimeter. ### **What does the MiCAR authorisation deliver?** The right to provide custody, order execution and transfer services for crypto assets to clients in all 30 EEA countries under a passport, without local licences in each country. ### **What is the entry threshold for a private client?** Per public intermediary sources — from EUR/USD/CHF 500,000 in balances. The bank's core remains B2B: intermediaries, funds, fintech and crypto companies. ### **Does the bank accept non-European clients?** The official perimeter: EEA, Switzerland, UK, Hong Kong, Singapore. Others — in very exceptional cases, where the relationship has clear mutual value. --- **Related:** [Crypto for Private Wealth](https://wiki.private.law/en/crypto-private-wealth), [Crypto-friendly Jurisdictions](https://wiki.private.law/en/crypto-jurisdictions), [Digital Asset Custody](https://wiki.private.law/en/fv-bank-digital-asset-custody), [Sygnum](https://wiki.private.law/en/sygnum), [AMINA Bank](https://wiki.private.law/en/amina-bank) 📎 We maintain a comparison file of crypto-friendly banks — licences, products, entry thresholds, onboarding. Request the current version via the form at [wiki.private.law](http://wiki.private.law/). --- ## FAQ ### Is Bank Frick a crypto bank or a regular bank? A regular Liechtenstein bank with a full licence that was among the first in Europe (since 2018) to add regulated crypto services. Fiat and crypto live in one banking perimeter. ### What does the MiCAR authorisation deliver? The right to provide custody, order execution and transfer services for crypto assets to clients in all 30 EEA countries under a passport, without local licences in each country. ### What is the entry threshold for a private client? Per public intermediary sources — from EUR/USD/CHF 500,000 in balances. The bank's core remains B2B: intermediaries, funds, fintech and crypto companies. ### Does the bank accept non-European clients? The official perimeter: EEA, Switzerland, UK, Hong Kong, Singapore. Others — in very exceptional cases, where the relationship has clear mutual value. --- ## Factual claims - Lawyer, Family Office - Bank Frick is a family-owned bank from Balzers, Liechtenstein, founded in 1998 and 100% held by the Kuno Frick Family Foundation (the foundation bought back Net1's stake in 2021). - Bank Frick entered crypto earlier than almost anyone in Europe: it has offered regulated trading and custody of digital assets since 2018, and Liechtenstein's Blockchain Act (TVTG) gave that a solid statutory base. - The core clientele is B2B: asset managers, trustees and corporate service providers, funds, insurers, law firms, fintech and crypto companies, family offices.