The Bank APIs section bridges traditional Web2 banking with non-custodial Web3 wallets using Account Abstraction (AA).
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Automatic Account Creation: All supported accounts would be created automatically upon registration. The user would be able to access their account details and manage their funds through the AA wallet.
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Fiat to Crypto: Users can transfer fiat (EUR/GBP) from a traditional bank account to provided account details. The funds are automatically converted and deposited into their AA wallet as cryptocurrency.
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Crypto to Fiat: Users can send crypto from their AA wallet, which is converted and delivered as fiat to a traditional bank account (via IBAN, sort code, etc.).
This allows seamless value transfer between fiat and crypto systems while maintaining full user custody and control via smart contract wallets.