Anonymous banking is not banking in a traditional sense. Instead of becoming a customer of a retail bank, Digitas Bank account holders become shareholders of our private hedge fund. Why is our system designed this way? For two important reasons: (1) it allows you to be identified to us only as an account number. This means we do not need your name, address or any other traditional KYC personal data and (2) it allows us to provide deposit, withdrawal, transfer and savings services, just like a retail bank, but without being required to reveal our account holders' identities.
How is this possible? The system is simple: when you deposit funds, behind the scenes the transaction is recorded as a bearer share purchase. Your cash remains liquid to you, as it is now represented by bearer shares. Similarly, when you withdraw funds, behind the scenes the transaction is recorded as a bearer share sale. When you transfer funds between Digitas Bank accounts, it simply is a bearer share transfer.
The only other major difference between Digitas Bank and a 'normal bank' is that we do not operate any branches. Our physical locations are actually certified investment offices around the world
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