Paytend works?
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To see the fees, you have to go here:
https://www.paytend.com/en/knowledge/fees-and-limits
In any case, it depends on your use case, I personally would not know what I would use this bank for. There are enough banks in the EU for EU residents with many benefits at no cost (no fees, on foreign transaction fees, fre widthdrawals world-wide, etc.). And I have my serious doubts whether they could compete with that while being able to be in the business for longer than Nuri. But again, there will be use cases where this bank comes in handy. Up to you to decide.
https://www.paytend.com/en/knowledge/fees-and-limits
In any case, it depends on your use case, I personally would not know what I would use this bank for. There are enough banks in the EU for EU residents with many benefits at no cost (no fees, on foreign transaction fees, fre widthdrawals world-wide, etc.). And I have my serious doubts whether they could compete with that while being able to be in the business for longer than Nuri. But again, there will be use cases where this bank comes in handy. Up to you to decide.
App is pretty buggy and poorly translated from Chinese
Compliance is literally crazy
Its a Chinese EMI run by Chinese for Chinese should I say more?
Compliance is literally crazy
Its a Chinese EMI run by Chinese for Chinese should I say more?
It's used by Chinese exchanges as well, like Alchemy and MEXC. I am not sure what the company does otherwise.
I have a ticket that I created 3 months ago and is still open (the page says the max reply time is 24 hours). Since I did not receive a response of any kind, I decided to not even begin the process of account opening.
I have a ticket that I created 3 months ago and is still open (the page says the max reply time is 24 hours). Since I did not receive a response of any kind, I decided to not even begin the process of account opening.
very expensive, no free SEPA
% for SWIFT via Manos Bank LT
unfortunately you can see fees only in the App
But what is the use case of this bank? They only serve residents from 19 EU counties. All of them have better alternatives from high street banks with lower fees and better service.
Last edited: Dec 14, 2024
use case is that you can get a UnionPay Card or Mastercard Prepaid with insanse high limits you can load the cards up to 150,000 EUR (!!) and high ATM withdraw limits
Ok bring back cash to China. Sounds legit. I think their business may not be the best now as the money flow is pretty much strongly out of China.
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