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Wise
Online bank
Australia, +40
Office locations
Australia, Austria, +38
Countries
online banking, business banking, money transfer
Features
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Revolut
Online bank
United Kingdom, +5
Office locations
Australia, Austria, +41
Countries
online banking, money transfer, cryptocurrency, investment
Features
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N26
Online bank
Germany, +1
Office locations
Spain, Germany, +17
Countries
online banking, money transfer, investment
Features
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OFX
Tailored money transfers for wealthy individuals
United Kingdom, +4
Office locations
197
Countries
money transfer, currency exchange
Features
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Monzo
Online bank
United Kingdom
Office locations
Australia, United States
Countries
online banking, business banking, money transfer, lending
Features
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Curve
Online payment
United Kingdom, +1
Office locations
United Kingdom, Germany
Countries
wallet
Features
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Remitly
Money transfer
United States, +1
Office locations
Afghanistan, Antigua and Barbuda, +165
Countries
money transfer
Features
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Bunq
Online bank
Netherlands
Office locations
Australia, Austria, +37
Countries
online banking, business banking, money transfer
Features
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Paysend
Money transfer
United Kingdom
Office locations
+90
Countries
money transfer
Features
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Paysera
Online Banking
Lithuania, +2
Office locations
Lithuania, Estonia, +1
Countries
online banking, business banking, money transfer, wallet
Features
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Qonto
Online bank
France, +3
Office locations
France, Germany, +2
Countries
online banking, business banking, money transfer
Features
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Pockit
Money transfer
United Kingdom
Office locations
+29
Countries
money transfer, wallet
Features
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Latest reviews

Full review
  1. Competitive Rates: Remitly consistently offers cost-effective transfer options, making it an excellent choice for budget-conscious users.
  2. Wide Range of Destinations: With over 85 countries supported, Remitly provides access to numerous global destinations for money transfers.
  3. Variety of Pay-In and Pay-Out Options: Users can choose from multiple funding and receiving methods, including bank deposits, cash pick-up, mobile wallet transfers, and home delivery.
  4. Strong Security Measures: Remitly employs robust security measures, including identity verification, fraud detection, and encryption, ensuring the safety of transactions.
  5. Customer Satisfaction Guarantee: Remitly offers a 100% satisfaction guarantee, providing peace of mind to users in case of issues or delays.
  6. Responsive Customer Service: Users appreciate Remitly’s attentive and helpful customer support.
  7. Mobile App: The mobile app receives high ratings, offering a convenient way to send money from smartphones.
  1. Hidden Fees in Exchange Rate Margin: Approximately 35% of fees are concealed within the exchange rate margin, which can make it challenging to determine the exact cost of a transfer.
  2. Limited Origin Countries: Some origin countries may have limitations on sending money to certain destinations, reducing flexibility for users.
  3. Dated Website Design: Remitly’s website design is considered dated and may not offer the most modern user experience.
  4. Variable Credit Card Processing Fees: Credit card processing fees can vary by location, and users may incur additional charges from their credit card providers.
  5. Additional Bank Fees: Banks may impose extra fees when transferring money, impacting the final amount received by the beneficiary.
  6. Exchange Rate Markups: Remitly’s exchange rates typically range between 0.5% and 2% worse than mid-market rates, potentially leading to slightly higher costs for users.
Full review
  1. Full UK current account – you can do all the stuff you can do with a normal bank and more.
  2. Apply quickly from the app without proof of address – you won’t be credit-checked unless you apply for an overdraft.
  3. Slick, fun app that is packed with cool features.
  4. Spend abroad with no fees at the Mastercard exchange rate.
  5. Open a savings account directly from the app with one of the providers Monzo works with.
  6. Deposit cash into the account at any store which shows the PayPoint logo.
  7. Fully FCA-licensed and FSCS-protected.
  1. No bank branches isn’t great for those who prefer face-to-face customer service.
  2. 3% charge for overseas ATM withdrawals over £200 – some other digital bank accounts (e.g. Starling Bank) have no such charges.
Full review
  1. Competitive fees
  2. Fast and secure transactions
  3. Easy to use
  4. Wide range of services
  5. Regulated by the Bank of Lithuania
  6. Member of the Single Euro Payments Area (SEPA)
  1. Limited availability
  2. Customer support can be slow to respond
  3. Hidden fees
Full review
  1. Effortless Account Setup: Qonto simplifies the account setup process for businesses and contractors, making it accessible for beginners.
  2. Versatile Account Options: Qonto caters to various types of businesses, offering flexibility in account selection.
  3. Real-time Accounting Support: Qonto provides real-time transaction tracking and accounting support, streamlining financial management.
  4. Team Expense Management: Qonto simplifies team expense tracking and reporting, enhancing collaboration.
  5. Customizable Debit Cards: Users can customize debit cards to align with their branding and requirements.
  1. No Physical Branches: Qonto’s online-only approach means there are no physical branches for in-person support.
  2. Limited Availability: Qonto’s availability is subject to geographic restrictions and may not be accessible in every country.
Full review
  1. Diverse Account Options: Bunq caters to a wide audience with three types of accounts – Personal, Joint, and Business.
  2. Fee-Free European Spending: Users can spend within Europe without incurring any fees.
  3. Multiple Sub-Accounts: Bunq offers a generous allowance of 25 sub-bank accounts, each with a unique IBAN.
  4. Global ATM Access: Enjoy free ATM withdrawals worldwide (up to 10 per month).
  5. Cost-Effective International Transfers: Through a partnership with Wise, Bunq offers 8x cheaper international transfers.
  6. Premium Trial Period: Users can experience the premium account for 30 days at no cost.
  7. Built-In Savings: Bunq incorporates interest-earning savings accounts.
  8. Eco-Friendly Initiatives: Bunq stands out as an environmentally-conscious bank.
  1. Limited Geographic Availability: Bunq’s services are exclusively available to permanent residents of the European Economic Area (EEA).
  2. Single Currency Support: The bank only supports transactions in Euros.
  3. Premium Account Costs: Premium tiers can be relatively expensive.
  4. International Transfers Not Free: Free account users do not enjoy free international money transfers.
Full review
  1. Fee-Free ATM Withdrawals: N26 offers 3 free monthly ATM withdrawals, saving you money on access to your cash.
  2. No Monthly Charges: Unlike many banks, N26 provides a free account option, eliminating monthly fees.
  3. English Support: N26’s app, site, and customer service are in English, easing accessibility.
  4. Online Banking: Manage your finances entirely online, no need for physical branches.
  5. Competitive Exchange Rates: N26 provides favorable rates for international transactions, great for travelers.
  6. Instant Transaction Alerts: Receive immediate notifications for all financial activities, aiding spending control and fraud detection.
  7. No Anmeldung Needed: N26 doesn’t demand a registration certificate, making it newcomer-friendly.
  8. Swift Account Opening: You can open an N26 account in about 10 minutes via smartphone and receive your card promptly.
  1. Reduced Features Over Time: N26 introduced fees and limitations, diminishing long-term benefits.
  2. Limited Free ATM Withdrawals: Free withdrawals are capped; exceeding incurs fees.
  3. Account Creation Challenges: Some users face verification delays and post office visits for identity validation.
  4. Two-Factor Authentication Dependency: Access hinges on mobile two-factor authentication, risky if the phone is lost.
  5. Coin Deposits Difficulty: Large coin deposits are challenging; users must exchange coins periodically.
  6. Limited Services: N26 primarily suits daily banking, lacking advanced investment, credit, and mortgage options.
  7. Slow Customer Support: Complaints about sluggish customer support response times persist.
  8. Incomplete Translations: Some app parts may remain in German, despite overall English availability.
Full review

  1. Multi-Currency Support: Revolut allows you to top up and hold multiple currencies, making it ideal for international transactions.

  2. Expanding Features: It offers a growing array of extra features, including crypto trading and disposable virtual cards.

  3. Premium Subscriptions: Revolut offers premium subscription options with valuable perks such as travel insurance.

  1. Account Freezes: Customer accounts can be temporarily frozen for security reasons, potentially causing inconvenience.

  2. No Full Banking Services: While it has a banking license, Revolut doesn’t yet offer full current accounts (no deposit guarantee or standing orders). Direct debits are only available in EUR and GBP.

  3. Customer Support Concerns: Revolut’s customer support has received criticism for being less responsive and effective.