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It can also help you manage your account without the need to visit a branch, so you can save your time, these reasons mentioned cause customer attraction, on the other hand, there are still some customers who prefer face to face banking. We are going to list Top 12 international banking apps on this text that helps you choose the one you need. As you know each of them has both advantages and disadvantages, we are going to tell you them summarized and let you decide that which one is useful for you

Top 12 international banking apps

1-Revolut:

A financial technology company that we are going to mention is named Revolut , it can attract almost 11 million customers because it has lots of advantages, it provides you a cheap way to transfer your money internationally without hidden fees; otherwise, this process will cost a fortune. You can also control your spending by using this app because it shoes you an alert by receiving notifications while spending money. As a disadvantage, it adds extra fees on weekends.

2-Transferwise:

Transferwise app , money transfer service lets you a cheap transfer like the former one, the price that you should pay for money transfer is obvious, and it lets you know the amount of that clearly. It has the option of sending an email containing the amount of money you have spent. It is also not complicated to use, it is legal and fast, it is more suitable for a small amount of international money transfer; otherwise, it will cost high fees for a larger amount of money.

3-Monese:

Monese app is one of the first online banking apps, it provides a unique ability that makes a difference from other ones which is providing the chance of creating an account from anywhere in the UK without the need of having a fixed UK address, phone number, email address and etc. This advantage makes creating an account easier in comparison with the others. It also has a good customer service as the ability of answering customers" questions in 12 different languages. A disadvantage of this company is not having a branch to solve some problems that needs to be solved by physical presence.

4-Bunq:

Bunq ,online company prepares easy installation because there is no need to fill a form or physical presence, and you should just download the app. It contains 6 languages, you can create numbers of accounts for each field so that you can manage the money you"ve spent in each one, separately. This app provides you a credit card that is more accurate than a debit card, and it can be used in a variety types of places. You have the chance to control your card as you can block your card if you don"t have access to it.

5-Monzo:

Monzo app provides you a card that it can be used freely almost everywhere. You can live chat with their customer service team and solve your problem if needed. Another ability is that if you pay debit more than usual it will aware you for the future. This app can be used worldwide without extra fees, if you travel to another country it will notify you of exchange rate. This app provides a high security , it doesn"t need a password, after logging in, you will be received a link that let you enter the app. You can also manage your money spending with the help of this application to avoid overspending.

6-Transfast:

Transfast app is able to transfer money to more than 50 countries, the fee for each transfer depends on some factors as the amount of money that you want to transfer, the country that you are spending money in and etc. If a customer has a problem, he/she should send an email that can take too long to respond, and they don"t have the ability of live chat. There some delays reported in money transferring, on the other hand this app is trusted by customers that is an important point to attract them.

7-Money gram:

Money gram app , online banking app is one of the biggest ones, this is known for its fast money transfer. If you want to use its services you should pay for it, the amount depends on the location that you are sending money and the one that is ended up. The negative point of this online banking app is the low exchange rates in comparison with other ones. The other advantage in comparison with bank accounts is lower transfer fees. The time that most of the transfers take is about one business day that is faster than doing the same process with online bank accounts.

8-Remitly:

Remitly app allows people who are living in some special countries like US, Canada, European countries, etc to transfer their money to more than 85 countries. It provides customers to know the exact time of delivering. This app is also very fast in money transferring process. The negative point of this app is that it has a low amount of maximum limit that may cause a problem if you don"t increase it. This app"s fees depend on the country that is chosen as your destination. You can be sure of this app"s safety because it verifies all new accounts for protecting you.

9-OFX:

OFX app provides you both cheap and fast ways to transfer your money. The most important benefit of this company is having offices that helps people solve their problems easier without the need of waiting for online responses that may take too long, so it can save you time and energy, the other advantage is that it almost always has good exchange rates. In the other hand like other online services, it has some disadvantages, as you cannot pick up cash by this, and it may charge a fee sometimes.

10-XOOM:

If you want to transfer your money in a fast and secure way, this app may be helpful for you, it has the ability to transfer money to more than 150 countries, it also has the ability to notifies you about your account"s data by sending email or messages. The negative point of this app is that it"s not the cheapest way for money transferring. XOOM app"s exchanging rate is not compatible with other competitors like, Remitly.

11-Ecopayz:

This FinTech company provides its customers to transfer their money in a safe and fast way which you can use an Ecopayz account for your payments too, this account is an in-house one that makes everything easier and faster. This app is free for registering, but you should pay fees for international transfers, on the other hand its fees are lower than some other competitors. The other disadvantage of it, is that it has lots of account limitations. Another positive point of this company is that it provides a high limitation it means that you can transfer more money. It provides customers to have a Mastercard, but the thing is that it is only available in European countries.

12-N26:

It is so important for an online banking app to have a banking license that N26 has this positive point. One of the cons of this company is not having phone numbers to call and solve your problem and the other way that is chatting can be slow and time-consuming. It provides you a cheap way to transfer money internationally. Another good point about this app is you can even freeze your card on your own.

last words:

In the world of technology there is an opportunity for us to save our time by doing tasks online, there is no need to waste our time in bank branches . Online banking is a quick and safe way, there are lots of online banking apps that can provide us this chance, in this text we mentioned some of them that were more popular among customers because of their online services, they have both pros and cons, but we can"t neglect their impact in our lives. On the other hand, it"s not usable for people who want to access to get a huge amount of cash. At the end it has more positive sides than negative ones.

Source: https://www.dotnek.com/Blog/Web/top-12-international-banking-apps