The pieces are coming together for BankSimple, the company looking to revolutionize the way we bank.

BankSimple announced the partnerships with Visa, The Bancorp Bank, CBW Bank, Allpoint, and Andera – all key components for the company to launch its hassle-free banking platform this year. It promises simplicity, transparency, and a personal touch to what many believe to be a predatory banking industry.

“BankSimple is designed to replace your bank, and while we focus on crafting a uniquely personal information-rich customer experience, we rely on best-of-breed partners to provide core back-end payments and banking infrastructure,” BankSimple wrote in a blog post.

Debit cards will be issued through Visa, the largest payments processor in the world, whose network and fraud prevention measures would serve to benefit BankSimple customers.

Because BankSimple is a banking platform and not a bank itself, customer deposits must be held with bank partners that offers FDIC insurance. BankSimple chose Delaware-based The Bancorp Bank and Kansas-based CBW Bank because they are in stable financial health, support systems compatible with with the BankSimple platform, and share the company’s vision.

BankSimple customers will have free access to Allpoint’s network of 43,000 ATMs throughout the country. If customers choose to use an out-of-network ATM, BankSimple will not charge a fee but the fee charged by the ATM owner will not be refunded. However, enough customer demand may lead BankSimple to become more generous with ATM fee refunds.

Andera is the leading provider of online account opening and funding solutions for U.S. financial institutions. In addition to working to ensure a smooth account opening experience for new customers, BankSimple hopes its relationship with Andera can lead to more bank partners in the future.

BankSimple recently secured additional funding to the tune of $10 million, which is set put BankSimple into launch mode.

Currently, BankSimple is closed to the public but it has been testing debit cards. BankSimple will be presenting at FinovateFall 2011, a banking and financial technology conference in late September, which may signal an impending launch.

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