BankX review

Updated October 14, 2026 · VaultCue Editorial Team

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

BankX states that XSD is not backed by physical silver and is not an option or future.

Key facts

Best for
Readers reviewing BankX token mechanics
Legal entity
SCB X Public Company Limited↗
Headquarters
Thailand↗
Founded
2021↗
Support channels
Email, Community↗

Facts checked September 26, 2026, 2 sources

Pros

Pros

  • BankX states that XSD is not backed by physical silver and is not an option or future.
  • The BankX token is used as partial collateral to mint the XSD stablecoin; this description does not imply a fiat lender or live availability.

Ready to try BankX?

Who it suits

  • Readers reviewing BankX token mechanics

Company

BankX states that XSD is not backed by physical silver and is not an option or future. The BankX token is used as partial collateral to mint the XSD stablecoin; this description does not imply a fiat lender or live availability.

Frequently asked questions

Which company operates BankX?+

BankX is operated by SCB X Public Company Limited. (Source, checked September 26, 2026)

Where is BankX based?+

BankX is based in Thailand. (Source, checked September 26, 2026)

When was BankX founded?+

BankX was founded in 2021. (Source, checked September 26, 2026)

How can I contact BankX support?+

BankX offers support through Email, Community. (Source, checked September 26, 2026)

Sources

  • scbx.com/en/contact-us checked September 26, 2026

    Backs: Headquarters, Legal entity, Support channels

    “Head Office: 9 Ratchadapisek Road, Jatujak Sub-District, Jatujak District, Bangkok 10900”

  • scbx.com/th checked September 26, 2026

    Backs: Founded

    “the leading ASEAN financial technology group and the "mothership" company of the Siam Commercial Bank Group, established in 2021 to restructure the business toward digital finance and technology”

Compiled from 2 source pages, checked October 16, 2026. We did not open an account.

Not confirmed yet: Monthly fee, Licence type, Deposit protection, Currency conversion fee, Currencies.

BankX

Readers reviewing BankX token mechanics

See alternatives