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

Post by ValentineC » Sun, Nov 25, 2018, 6:38 PM UTC

akvadrako wrote: post #70

rsync wrote: post #65

Are any of the options listed in this comment thread available to US citizens ? My understanding has been that US "Know Your Customer" laws make it very difficult for these banks to work with US customers and so they just choose not to. For instance, unless you have $10M or more, you cannot walk into Zurich Kantonalbank (for instance) and open up a bank account. They don't want your money. Is that not also true of Re…

I, solely a US person, have accounts with N26, Revolut and Transferwise. None are officially banks. I recommend Transferwise because they support ACH transfers and US$ balances.

Post by IWantIn » Sun, Nov 25, 2018, 6:57 PM UTC

larrysalibra wrote: post #71

Try Neat ( https://www.neat.hk/ ) - they offer both personal and business accounts to people and businesses worldwide and are based in Hong Kong. Businesses get a virtual account number at Standard Chartered. Funds for personal accounts are held at Bank of China Hong Kong. Both types of accounts get debit cards that ship globally. I've signed up for a business account and been approved all online. I think they exclud…

Post by e1g » Sun, Nov 25, 2018, 7:16 PM UTC

lubujackson wrote: post #90

jjevanoorschot wrote: post #2

Transferwise borderless accounts ( https://transferwise.com/gb/borderless/ ) do exactly that. You can open up multiple international bank accounts that are all linked to one debit card. It's free as well.

This is somewhat tangential, but does anyone have a good way to accept money in different currencies with minimal fees? Specifically I'm making money from different international Amazon sites and they all either send a paper check or I need a bank account in the country of origin which is not often possible. I've looked into Payoneer, but they are taking a cut too and only really support a couple currencies. Any good…

Post by rsync » Sun, Nov 25, 2018, 8:31 PM UTC

akvadrako wrote: post #70

rsync wrote: post #65

Are any of the options listed in this comment thread available to US citizens ? My understanding has been that US "Know Your Customer" laws make it very difficult for these banks to work with US customers and so they just choose not to. For instance, unless you have $10M or more, you cannot walk into Zurich Kantonalbank (for instance) and open up a bank account. They don't want your money. Is that not also true of Re…

I, solely a US person, have accounts with N26, Revolut and Transferwise. None are officially banks. I recommend Transferwise because they support ACH transfers and US$ balances.

Post by tim333 » Sun, Nov 25, 2018, 8:50 PM UTC

rsync wrote: post #97

akvadrako wrote: post #70

Earlier quoted context omitted.

I, solely a US person, have accounts with N26, Revolut and Transferwise. None are officially banks. I recommend Transferwise because they support ACH transfers and US$ balances.

How are these more useful/interesting/performant than paypal, which I already use ? Genuinely interested ...