Metropolitan Commercial Bank is set to introduce MCO Visa Cards in the US.

The bank is working in collaboration with Foris, an affiliate of Crypto.com.

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With a high-end metal finish, the pre-paid card will enable the customers to carry out fiat to cryptocurrency and vice-versa transactions.

Introduced in Singapore last month, the MCO Visa Cards carry no annual or monthly fees and no additional charges on ATM withdrawals. Select cards will also provide access to airport lounges.

Metropolitan Commercial Bank president and CEO Mark DeFazio said: “We are pleased to work closely with Crypto.com and Foris in bringing this innovative product to the US market.

“This program speaks directly to The Entrepreneurial Bank spirit that we have and seek to promote.

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“The MCO Visa Card is quite unique and provides a bridge between traditional banking and cryptocurrencies in a safe and compliant way.”

The new cards can be reserved through the Crypto.com Wallet & Card App. Through the app, the customers can also complete their on-boarding process and ID verification.

Additionally, the customer can purchase, sell, store, send and track crypto currencies though the app without paying currency exchange fees.

The Wallet app also allows them to manage their transactions as well as freeze their card with a single tap.

Crypto.com co-founder and CEO Kris Marszalek said: “The market demand for the MCO Visa Card has been overwhelming and we look forward to bringing it to customers as soon as possible.

“This is another important step towards our mission of accelerating the world’s acceptance of cryptocurrency.”

Crypto.com added that the 100,000 MCO Visa Cards have been reserved globally till date.