Sovran

SOVRAN FAQ’S

Sovran is an easy way to send SVC (digital currency) that can be transferred directly between any two Sovran accounts within seconds. You can quickly, safely and easily send or receive SVC that can be transferred to other members in seconds, regardless of where they are in the world.

Subscription to Sovran only requires an email address and a mobile phone number.

Yes, in order to use Sovran, the sender and recipient both need a Sovran account.

Become a Sovran member by visiting www.sovnet.io, then following these steps:

  • Click the Register button.
  • Enter your basic personal information.
  • Accept the Terms and Conditions.
  • Purchase your annual Sovran Membership.
  • Fund your account with Sovran Stablecoins.

*You may also download the Sovran App on Google Play once you become a member.

Yes, the introductory price for a Sovran account is an annual fee of $90.00 USD for an account membership. For a limited time, Sovran is offering this membership rate when users prepay up to three years.

Sovran doesn’t charge a fee to receive SVC to your Sovran account. Accounts can be funded through Cryptocurrency, Credit/Debit card as well as EFT services like SWIFT.

SVC deposited to your Sovran account from another member is typically available in one second or less.

No Sovran is not connected to your bank account, however you can use your bank Credit/Debit-card to purchase your Sovran Membership and fund your Sovran account with SVC Stablecoins. You can then use your Sovran Debit Card for purchasing goods and services wherever card services are applicable.

No, Sovran is a Non-Bank Current Account for transferring money across the world inside a non-bank environment. To keep the speed and security of the Sovran account we currently are not connected through your bank app or online banking, with this protocol, it is impossible for anyone to hack your bank account through the Sovran system.

For security reasons, it is recommended that you create a different username and password that is exclusive to Sovran, rather than use the same password for your online banking or other online service platform.

No, we can accept Cryptocurrency, domestic/international Debit and Credit cards, and EFT transfers such as ACH or SWIFT.

Yes, you can setup up email, SMS messaging or both in your account settings. Additionally you can also set up a unique six digit pin code for logging into your account and when transferring your Sovran digital assets to other members.

The Sovran Debit will be released in Q2 of 2023.

It’s easy — you can Register your Sovran account online at www.sovnet.io and become a Member! Purchase your Sovran subscription through card services and follow a few simple steps to pay for your annual subscription.

Don’t see your bank or credit union listed? Don’t worry! Our Sovran network of participating financial institutions is growing, and you can also use Sovran by downloading the Sovran app for Android, to transfer send/receive SVC directly to any Sovran Account.

To become a Sovran Member, enter your basic contact information, and select a payment option to open and fund your Sovran account by exchanging cash or crypto into Sovran Stablecoins (SVC).

The Sovran app uses patented, propitiatory QR code authentication and monitoring features to make your Sovran payments more secure. So, whether you’re using the Sovran app or using Sovran through your online device, you’ll have peace of mind knowing that the system is separate and secure from your bank account.

You will receive reminders that your account is coming up for renewal, if there are sufficient SVC in your account the system will automatically debit your balance for the annual subscription fee. If there are insufficient SVC, the account will become inactive until till the invoice is paid.

To renew your subscription simply make your annual service payment using your credit/debit card to reactivate your Sovran Web account.

The main use for Sovran will be to send and receive SVC to your friends, family, and businesses that accept Sovran. You can also send and receive SVC with organizations, companies, and governments.

Receiving SVC with Sovran is simple – no additional subscriptions are required once you Signup and fund your Sovran account.

Register an account and subscribe to Sovran, visit https://sovnet.io and follow the page to become a member.

Know the email and phone number you subscribed to with Sovran. Your email and mobile number are linked to the Sovran Web and App account when you subscribed.

Provide the mobile number associated with your Sovran account to your member recipient, the sender will ask you for this information. You can also connect p2p directly using your secure Sovran QR code.

When a sender sends you SVC, you’ll get a payment notification to your subscribed email or mobile number letting you know the SVC has been deposited to your Sovran account.

Getting paid with Sovran is fast, safe, and easy. Get started at https://sovnet.io today.

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