Bank accounts, Multicurrency Accounts, Virtual Banks
Wise and Revolut are UK-based fintech companies that offer multicurrency accounts, non-resident accounts, virtual cards, international money transfers, and more. However, the two also have some differences, as you will find out in our Revolut vs Wise comparison. What is Wise? Wise (formerly TransferWise) is a UK-based financial technology company that provides digital banking services, …
Multicurrency Accounts, Virtual Bank Account UK
A multi currency bank account in the UK is an account that allows you to send, hold, receive, and spend money in different currencies. You donโt need to open several foreign accounts to transact or receive money. As an account holder, you can make transactions between different currencies using a single account number. Multi-currency accounts …
Money Transfer, Virtual Banking Africa
Chipper Cash is a mobile payment app that allows you to send and receive money, pay bills, and invest in stocks in different African countries. Chipper Cash was founded in 2018 by two Africans; Serunjogi and Maijid Moujaled based in the U.S. They were looking for a way to connect African markets to digital payments. …
Bank accounts, Non Resident Accounts
Italy is an attractive place for expatriates and foreigners looking to establish financial roots. It is possible to open a bank account in Italy for foreigners. The process of opening an online bank account in Italy has been simplified, and you can even get start opening one while abroad. However, to open a physical bank …
Are you a foreign student planning to study in Italy? If so, you need to open a bank account. This is essential for receiving money, paying your tuition, rent, and other expenses. But with so many banks to choose from, how do you know which one is right for you? In this article, we will …
Chime and Current are two popular mobile banking apps that offer virtual bank accounts in the US. Both apps are FDIC-insured and provide features such as checking and savings accounts, credit builder, early direct deposit, fee-free overdrafts, virtual cards, and no monthly fees. What are the main Differences Between Current and Chime Chime is a …
Bank accounts, Business Account Providers
Fire.com is an Electronic Money Institution based in the UK and a payment institution in Ireland. It specializes in offering dual-currency business accounts, debit cards, and payment services tailored for businesses. Its services are exclusively available in the UK and the Republic of Ireland. Leveraging smart technology and regulatory licenses, Fire.com provides a range of …
Bank accounts, European Virtual Bank Account
A virtual IBAN (International Bank Account Number) is a unique bank account number that can be used to receive and send payments worldwide. It’s linked to a physical bank account, but has its own IBAN. Virtual IBANs are helpful for businesses as they let them receive payments from customers worldwide without opening multiple accounts in …
Bank accounts, European Virtual Bank Account
A Euro bank account is a type of bank account denominated in euros and is commonly used in countries that use the euro as their currency. It can be opened by individuals and businesses. With a Euro bank account, you can hold, spend, send, and receive Euro. With many virtual banks, it is easy to …
SWIFT and SEPA are two common cross border transfers. Both payment services make it possible for people to transfer funds between countries. However, while the two are almost similar, there is a difference between SWIFT and SEPA. SWIFT stands for Society for Worldwide Interbank Financial Telecommunications, while SEPA stands for Single Euro Payments Area. Difference …
US Virtual Bank Account, Virtual Cards
With the high rise in crime rates, virtual account numbers are possibly one of the best way to protect yourself from credit card fraud. A virtual account number is a substitute for your current credit card account number, and it is expiable. It works like a virtual credit card. You can use the virtual account …
If you have a partnership business or have a family or you are planning a wedding, you may need a joint bank account. Opening a joint account can be a good idea if you are in any of the above scenarios since it helps all parties manage finances from a single account. However, before you …
Cryptocurrency continues to gain popularity in the UK. However, the ability to buy, sell, and store cryptocurrency using your bank account can be a challenge, as traditional banks often do not offer crypto related banking services. This is where crypto-friendly banks come in. This article will review some of the best crypto-friendly banks in the …
Buying bitcoin with a bank account is maybe the most convenient way to buy bitcoin, especially if you are transacting a large amount. Also, depending on the bank you are using and the country you are in, you can get better exchange rates. Moreover, cryptocurrency exchanges consider this method less risky. Also, it is cheaper …
Business Account Providers, Crypto Loans, Cryptobanking
Cryptocurrency businesses often struggle to find reliable banking services worldwide. BankProv is a crypto friendly bank that offers bank accounts to cryptocurrency businesses in the US. Banking services and products for crypto businesses include USD deposit account, business credit cards and banking API. BankProv is one of the few banks in the country to start …
If you find yourself asking, “What banks are crypto friendly?” or “Which are the best bitcoin friendly banks?”, it’s clear that you recognize the limitations imposed by traditional banks when it comes to incorporating cryptocurrencies like bitcoin into your bank account or banking app. A crypto friendly bank enables you to manage your fiat, bitcoin …
European Virtual Bank Account, Multicurrency Accounts, Virtual Bank Account UK
Is Wise a virtual bank? Wise multicurrency account is a virtual bank account that’s available for residents from almost all countries in the world. Wise virtual bank account gives you the option to open a European bank account for non residents and hold European Bank Account details, as well as a UK based virtual bank …
Cryptobanking, European Virtual Bank Account, Multicurrency Accounts
Revolut, Monzo and N26 are great online banks and fintechs that are growing in popularity. You only need to download their banking apps and sign up for a bank account. They offer personal and business IBAN, SEPA transfers, virtual cards, currency exchange, international money transfers, among other banking services. However, the three virtual banks are …
Non Resident Accounts, US Virtual Bank Account
Opening a US bank account for a non-resident may seem challenging, but it doesn’t have to be. Whether you reside in India,South Africa, Brazil, Nigeria, Singapore, UAE, Hong Kong, or any other country, you can still open a US bank account for foreigners. The eligibility requirements vary from bank to bank. In this article, we …
It is a challenge to open a business bank account for cryptocurrency business with traditional banks since crypto businesses are classified as high-risk businesses and a few jurisdictions have crypto regulations in place. Luckily, cryptocurrency business accounts can still be opened with [crypto friendly business banks, licensed Payment Service Providers, and Electronic Money Institutions. In …
We want to inform you about the latest banking trends and developments, by providing comprehensive reviews of banks around the world offering virtual banking services and bitcoin based banking.
Our aim is to help you know the best bank accounts, how to open a bank account, best banks to invest and buy bitcoin, how to apply for payment and virtual cards, how to open a non-resident bank account in the US or EU, how to earn a passive income with your crypto, obtain a loan with your crypto deposits, and many other banking-related topics.
