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I, solely a US person, have accounts with N26, Revolut and Transferwise. None are officially banks. I recommend Transferwise because they support ACH transfer
by akvadrako 8y ago
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.
- joelrunyon 8y agoDoes anyone have a good comparison of something like Revolut v N26 v Simple? What's the main USP of N26?
- ValentineC 8y agoDoesn't N26 hold a German (and very recently, UK) banking licence?
- shanehoban 8y agoYes I believe this to be correct. "N26 has had a full European banking licence since 2016 – and any funds you have with it are covered by the German Bank guarantee (up to €100,000)." [1] [1] http://www.moneyguideireland.com/n26-compared-revolut.html http://www.moneyguideireland.com/n26-compared-revolut.html
- rsync 8y agoHow are these more useful/interesting/performant than paypal, which I already use ? Genuinely interested ...
- tim333 8y agoNot sure you can use paypal to put money in an account and then use a card to withdraw it at cash points and pay for coffee etc. Also I once sent a US friend $500 with paypal and got charged $25. Transferwise would be way cheaper.
- akvadrako 8y agoIf you need these, you know it. For example, if you keep balances in multiple currencies or want to transfer money between EU and US banks or have a low-fee multi-currency debit card. Paypal doesn't allow any of that.