How does no registration part works? Can I send you cash per post and you transfer sats to my account?

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If you send any cash to Relai, they will use to throw a party straight away. I wouldn't expect any #sats back, just some pics from the party.

Jokes aside, for this, Relai would need a different type of licence. Right now, your money goes to an account at an exchange and it's immediately exchanged for #Bitcoin, which is, straight away, being sent back to your wallet. Relai isn't touching your money for even a second. If they received cash, they would become a custodian - different rules, including standard KYC would be needed.

Anyway, you're still welcome to visit #Switzerland and use one of many Bitcoin ATMs to exchange your cash directly. In that case, don't forget to visit #Lugano too.