Comments on: Best new banks for travellers, expats, and nomads

By: Ralph

Ralph — Wed, 15 Mar 2023 22:04:32 +0000

This is a really great breakdown of today’s banking and digital payment environment. I am very curious to use WeChat in China. Thanks for the article.

By: Mark

Mark — Wed, 15 Mar 2023 22:02:38 +0000

Thanks for this great article, I’m going to check out one of the virtual banks you mentioned, maybe Bankera. Cheers!

By: Tom Byrne

Tom Byrne — Fri, 10 Sep 2021 01:15:22 +0000

I see people on here saying Transferwise(now Wise in 2021)being good(cheap) for transfers.Not by my experience-Smallworldfs.com is a lot cheaper.CitiBank offer really good rates when I need to accept foreign lodgements into my current account.Unfortunately they do not have any presence where I live for personal customers.

By: Trevor Warman

Trevor Warman — Fri, 09 Jul 2021 02:21:43 +0000

I so need to read this carefully.

UK banks are much a rip off as Ozzie banks are.

But without a job opening a new account with a high street bank is impossible. And of course, being forever away i need virtual bank!

By: Muchacho

Muchacho — Tue, 23 Jun 2020 19:10:38 +0000

Good options for the people of the First World class.

By: Keith Crane

Keith Crane — Sun, 02 Feb 2020 15:15:09 +0000

In reply to soloist. Also Starling bank which is my current choice. Also pays 0.5% interest on current account balances.

By: Alex

Alex — Sat, 20 Apr 2019 04:17:44 +0000

In reply to Myriam Haar. Hi, I agree so much, it feels archaic and restrictive, not to mention insecure, to have this requirement. If you have a second, have you found a bank that doesn't require a physical address?

By: Dustin Wade

Dustin Wade — Tue, 19 Mar 2019 02:13:31 +0000

I’ve used TransferWise many times and I don’t have issues at all. The app was user-friendly, convenient, and secure. Also, the exchange rate is lower compared to other money transfers.

By: Sharyn Nilsen

Sharyn Nilsen — Fri, 02 Nov 2018 15:58:11 +0000

Hey there James,

As an Aussie Nomad with international clients but income from Aus as well, I’ve found the best combination for us with no or low fees is:
* Citibank Everyday account for no annual fee and no ATM fees around the world
* 28 Degrees Credit card through Latitude Financial- No annual fee and NO foreign exchange fees
* Transferwise for taking client payments and sending money home. When us Aussies can have access to the TFW debit card that will mean I can just create different currency accounts in that system and won’t have to send home before I can take it back out again. That combination is saving us well over $2000 AUD in fees each year.

Sharyn

By: Hank

Hank — Tue, 08 May 2018 19:58:44 +0000

I recently changed banks to Charles Schwab! Great to see it’s getting the attentions it deserves.Bering able to withdraw from anywhere is wonderful. Great post!