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Ask HN: Online banks where I can open account worldwide?

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Re: Ask HN: Online banks where I can open account worldwide?

#51

Post by bondant »

huxflux wrote: post #5
xchaotic wrote: post #4

Earlier quoted context omitted.

I use them too, but note that they are not a bank, so your money is not protected, also consider Revolut

How is your experience with them so far?

I got a borderless account about 4 months ago and I am happy with it. I use it to receive my salary in pounds, and I use the bank card to pay in pounds and euro in UK and France. I choose to use this account instead because they let me open the account before I moved to UK and they sent me the bank card in France. Still, I run into few minor problems: it's impossible to change the limitations of the card with the web-based interface, you need to use the android/ios app (which I don't have). Also, I have never been able to pay in Asda and Tesco by inserting the card (but contactless works). I never had any problems with other shop or hotel.

Re: Ask HN: Online banks where I can open account worldwide?

#52

Post by inevrela »

bitcoinmoney wrote: post #47
inevrela wrote: post #43

N26 works the best. I have tried many banks, from Revolut, Bunq to many traditional banks (I have 7+ accounts). N26 offers very nice desktop experience too. It's not an argument that you need to use your mobile – with EU requirements and MFA thingy going on, there are very few services where you are NOT required to use your phone (none in my experience!). Revolut couldn't accept my salary, bc it was too much money tu…

How much is your salary ? Am curious to why a bank can’t accept it.,

Again, Revolut is not a bank. I was told that my top-up yearly is 15k EUR – after asking if I can use R account for my salary (all in all I would deposit around 50-80k EUR yearly).

If I would provide documents it would maybe be possible to increase that limit – however, no one ever got back to me, after several requests from my side.

Re: Ask HN: Online banks where I can open account worldwide?

#53

Post by hocuspocus »

Good options have been mentioned this thread.

With EU-based neo-banks, I believe that because of the KYC guidelines, you'll always need a somewhat permanent address in Europe (like friends/family) that can forward you the card, when you open your account.

However if you just need a replacement card, many can send it internationally, at least for a fee.

Re: Ask HN: Online banks where I can open account worldwide?

#54

Post by robin_reala »

orf wrote: post #12

Revolut[1] seems perfect, I cannot recommend them enough. With their premium plan you get 1% cashback on all card purchases outside the EU as well. The support is great, if your card gets cloned or something. You also can fluidly and transparently transfer between all different currencies at the interbank rate, which I find is great for travelling back home (Most of my cash is in Euros). They are really, really good.…

I’ve been a bit wary of Revolut after it turned out they were making potential job applicants engage in an MLM to secure an interview: https://twitter.com/mellino/status/1054473108936122368?s=12

Re: Ask HN: Online banks where I can open account worldwide?

#55

Post by kyriakos »

orf wrote: post #12

Revolut[1] seems perfect, I cannot recommend them enough. With their premium plan you get 1% cashback on all card purchases outside the EU as well. The support is great, if your card gets cloned or something. You also can fluidly and transparently transfer between all different currencies at the interbank rate, which I find is great for travelling back home (Most of my cash is in Euros). They are really, really good.…

On top of that you can order multiple physical cards for free on the same account so if one gets stolen you take the next one out and keep going. Needless to say you can disable the stolen one without having to call anyone.

Re: Ask HN: Online banks where I can open account worldwide?

#56

Post by orf »

kyriakos wrote: post #55
orf wrote: post #12

Revolut[1] seems perfect, I cannot recommend them enough. With their premium plan you get 1% cashback on all card purchases outside the EU as well. The support is great, if your card gets cloned or something. You also can fluidly and transparently transfer between all different currencies at the interbank rate, which I find is great for travelling back home (Most of my cash is in Euros). They are really, really good.…

On top of that you can order multiple physical cards for free on the same account so if one gets stolen you take the next one out and keep going. Needless to say you can disable the stolen one without having to call anyone.

Oh yeah, I forgot to mention that. They also have single-use disposable virtual cards which is pretty handy!

Re: Ask HN: Online banks where I can open account worldwide?

#57

Post by orf »

robin_reala wrote: post #54
orf wrote: post #12

Revolut[1] seems perfect, I cannot recommend them enough. With their premium plan you get 1% cashback on all card purchases outside the EU as well. The support is great, if your card gets cloned or something. You also can fluidly and transparently transfer between all different currencies at the interbank rate, which I find is great for travelling back home (Most of my cash is in Euros). They are really, really good.…

I’ve been a bit wary of Revolut after it turned out they were making potential job applicants engage in an MLM to secure an interview: https://twitter.com/mellino/status/1054473108936122368?s=12

That doesn't look great :/

It's not clear what the job was though. It seems it was sales related which makes it a bit better IMO.

Re: Ask HN: Online banks where I can open account worldwide?

#58

Post by gambiting »

ElCapitanMarkla wrote: post #28
huxflux wrote: post #5

Earlier quoted context omitted.

How is your experience with them so far?

Haven’t used their borderless account but I live in NZ and get paid by a UK company into a UK account. I use them to bring all my money back to NZ and have nothing but good things to say about them. I usually have the cash in my NZ the next day but sometimes I’ve had it the same day, they’re really fast.

Yep, I used them so send money every month between EU countries and the money is available literally instantly, compared to 2-3 days for a regular bank transfer. The rates are better too. You can also lock your transfer rate for up to 24 hours, so if you think there's a chance there rate will be better the next day you can lock your transfer rate for a day - if it improves, just schedule another transfer. If it goes down, then send the one planned the day before. It's really good.

Re: Ask HN: Online banks where I can open account worldwide?

#59

Post by dazc »

kyriakos wrote: post #55
orf wrote: post #12

Revolut[1] seems perfect, I cannot recommend them enough. With their premium plan you get 1% cashback on all card purchases outside the EU as well. The support is great, if your card gets cloned or something. You also can fluidly and transparently transfer between all different currencies at the interbank rate, which I find is great for travelling back home (Most of my cash is in Euros). They are really, really good.…

On top of that you can order multiple physical cards for free on the same account so if one gets stolen you take the next one out and keep going. Needless to say you can disable the stolen one without having to call anyone.

You sure those physical cards are 'free'? They were £5 when I had an account.

Re: Ask HN: Online banks where I can open account worldwide?

#60

Post by dazc »

orf wrote: post #56
kyriakos wrote: post #55

Earlier quoted context omitted.

On top of that you can order multiple physical cards for free on the same account so if one gets stolen you take the next one out and keep going. Needless to say you can disable the stolen one without having to call anyone.

Oh yeah, I forgot to mention that. They also have single-use disposable virtual cards which is pretty handy!

They are only disposable if there are no outstanding charges. For example, try to conveniently opt out of a newspaper subscription and you may find your account is closed at no notice, as mine was.
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