A leading option for those who travel often. Nevertheless, in the UK. Keyword… it may not be able to completely replace your bank.
While at the time of writing it is not running as a bank, it is gradually becoming one, having received a challenger bank license from the European Central Bank in December 2018. In early 2021 it likewise applied for a UK banking license and a bank charter in the US.
today we’re going to be reviewing with the goal to help you respond to questions like should you get a account and how will it benefit you and to do this we’ll be looking at how e rated on our monito score and what led to us providing an 8.6 this will assist us choose whether we can trust with our cash as
Is Keyword the world’s first global financial superapp?
well as get a clear picture of their benefits and services their costs and exchange rates and likewise see how their consumers rate developed in 2015 is a private business with over 2 000 staff members they’re an acclaimed company and in 2020 won the uk tech awards for business of the year as of december 2021 their accounts and cards are readily available to clients living in the uk us eu and eea nations australia singapore switzerland and japan sadly no canada or brand-new zealand nevertheless new zealand is looking likely in the near future if you visit their website they state they have a banking licence which was approved by the european central bank in poland and lithuania this permits them to use banking services in a number of european nations including bulgaria croatia romania slovenia in addition to france italy and portugal and more however they’re yet to be granted a banking license in the uk the us or anywhere else they run however even if they’re not a conventional bank and don’t have a banking license
in certain nations doesn’t mean your cash isn’t safe are really needed to secure your cash with larger financial institutions with a bank like lloyd’s or barclays so if were to fail your cash would be safe and because of this and the reality they’re fully regulated by the fca in the uk and licensed as a bank in particular european countries we scored an 8.9 for trust and trustworthiness with over 16 million clients already trusting with their cash we believe you can certainly trust them with yours has been very innovative when it concerns banking their mobile app unlike conventional banks is distinct wonderfully designed and truly stands out for its different features and offerings when you at first sign up you’ll be asked to pick a strategy there are four readily available standard which is free plus premium and metal these are their rates in the uk however they might differ depending on where you lie the basic offerings of are readily available across all plans that includes a bank account with its budgeting and automatic savings benefits currency exchange
global costs atm withdrawals quick and basic money transfers consisting of expense splitting so you can easily send out and ask for money as well as stocks and crypto trading however the different plans will offer you higher advantages within each of these basics for example the more expensive to prepare the more cash you can withdraw from an atm without incurring a charge with the basic complimentary plan depending which comes first you’re either restricted to an overall of 200 pounds or five