Now your money can travel the world with you on your international bank account …to anywhere!
Recently, I got the news from Wise that they have launched a new account. This is known as the “Borderless Account” or the International Bank Account. I personally signed up for this when it was first introduced into the market.
The Borderless Account is the first platform offering true multi-country banking to anyone who needs it, no matter where they live.
Consumers can get local bank details all over the world instantly. Also can hold and convert money in over 40 global currencies. And a contactless MasterCard debit card for stress-free spending abroad.
Everyone is eligible to have this account long as you have an existing debit card (Visa or MasterCard), and a Passport to open an online account.
Benefits of a International Bank Account
Here are some key benefits of signing up:
1. Free to get the account – no subscription, no sign-up fees, no cost to order a card, no small prints.
2. You could hold money in over 40 currencies. Or convert between them in seconds with the real exchange rate on low and transparent fees.
3. Receive money from 30 countries – EU27 + UK + US + AUS
4. You’ll get personalized local bank account details for GBP, EUR, USD, AUD. And get paid from countries around the world, in the local currency, with zero fees.
4. You’ll get personalized local bank account details for GBP, EUR, USD, AUD. And get paid from countries around the world, in the local currency, with zero fees.
5. You have an option to own a Contactless MasterCard Debit Card in the UK and Europe for stress-free spending in any currency, at the real exchange rate.
Prefer to hold a physical money card?
Once you have an account, you have an OPTION to request for a FREE Debit MasterCard.
You can use it to purchase anything online. Or at the cashier’s counter, local for no extra charge and overseas for cheaper.
Who should have this account?
We brought you this news as its relevant for most people who are :
1. Moving abroad: no need to wait for a Social Security Number, National Insurance Number or proof of address ever again, thank God for that!
2. Students: studying abroad can avoid going through the initial bureaucracy of setting up a local bank account.
3. Buying a second home overseas: take the stress out of the bureaucracy of buying overseas by getting a local bank account in minutes.
4. Getting paid by an overseas client: as a freelancer / sole trader (lots of freelance journalists take work from US companies), you too can be a Digital Nomad!
5. Planning to start a business: you’ve got access to international account details – businesses operating internationally can get access to local account details for the US, UK, Eurozone and Australia without the need for an overseas business address
6. Online sellers: selling across global marketplaces and repatriating earnings back to their local currency and holding currency to pay out to supplier.
…No need to wait for a Social Security Number, National Insurance Number or proof of address ever again!
-Wise Borderless Account with MC Debit Card
For example :
Someone is sending you money in US Dollars (USD), just log-on to your account and enable the USD account.
You’ll get a personalized US Dollar Account Number that also looks like you actually have a local USA bank account.
The sender could skip the old-fashioned TT, WesternUnion or MoneyGram transfer. They’ll just have to perform a local-transfer which is faster and doesn’t cost that extra charge.
To use the received money in another currency, you’ll be charged a very small fee to convert between currencies.
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The bottom-line is, won’t hurt to have this type of account as it would come in handy on your travel trips.
And its secured as you’re using a separate card on your holiday, lowering chances of your card getting fraudulent charges.
Click HERE to signup with Wise and support Snacks In The Backpack!
Wise in the News!
Yes, this new financial management revolution has made international news and featured in Bloomberg, Wired and Business Insider news networks.
Bloomberg -> Click HERE
Wired UK -> Click HERE
Business Insider -> Click HERE
» Here’s some Snacks for you: Wise is now giving GBP£50.00 for anyone that refers 3 friends to sign up …why not?
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