Nomo Bank for UAE Residents is finally here

[Alexmorgan]

Nomo only for Kuwait and UAE residents for now

I hope they grow to compete‌ with wise and Revolut

 

[stronco]

How long does it take to get their card delivered?

 

[Au999]

Took 3 days for me. Would've been 2 but my thumb didn't read on their‍ first machine

 

[USDT]

What courier service do they use -Aramex, Emirates Post or other?

 

[Au999]

Aramex

 

[uranium]

Do they open corporate account for fz companies?

 

[Fred]

No -‌ as of now.

 

[RobertNozick]

Do they accept incoming transfers from crypto exchanges?

 

[Checkmelater]

No they‌ don’t

 

[Alexmorgan]

Its great bank as i saw a lot of︈ reviews on them and they are clearly saying they are for big amount of transactions︉ 2

But as they are UK based they are under CRS

 

[SoNewToAllShit]

Are they only for UAE and BIG AMOUNTS or for European citizens and smaller amounts‌ also?

 

[AutoKing]

its been 20 days, i requested a swift transfer, and my funds are on hold,‌ they asked for complete money trail, which i provided, even then their department keeps giving‍ boiler plate excuses, not recommeneded at all, for BIG amounts such as more than 20k⁠ usd.

 

[Alexmorgan]

20k is not big

If they cant handle this⁤ then they are in real problem

And they advertise as they are for big amount⁣ money bank for buying houses and investments

 

[Marshal]

UK based bank that doesn't offer services to UK residents lol

 

[Alexmorgan]

Its Kuwaiti Bank that its belong to Boubyan bank

But they made Nomo in‍ UK to use the UK license to serve worldwide customers due to the flexibility of⁠ the registrations there

Same as Wise which UK and same as Revolut which is Russian⁤ origin bank

 

[Marshal]

Wise and Revolut offer their services to customers in⁤ regions where they are registered, that's what my post was about. Not their origins.

Serve worldwide customers? They are only available in 2 countries.

 

[Alexmorgan]

For now 3 countries they added Saudi⁠ Arabia

They are opening for more soon

 

[AutoKing]

Has anyone done transactions on more than 20kUSD / mo at NOMO bank, kindly share‌ your experience.

 

[JohnLocke]

Is it still not processed?

 

[AutoKing]

so
so after 25 days,‌ of calling them every day, its finally processed, only after i raised a Formal Complaint‍ to the financial Ombudsman, NOMO bank is highly regulated bank, with very strict SOPS.