Do you send money overseas frequently using wires? Zenbanx is the new and better way to send money to family and friends. Zenbanx is up to 10-times cheaper than using wire transfer services at the top US Banks**.
*Zenbanx currency exchange rates update every 5 minutes during global foreign exchange market operating hours and remain fixed during non-operating hours. Foreign currency exchange rates are subject to change at any time and without notice.
**Average wire transfer fees taken from MyBankTracker.com as of February 12, 2016
Save in the currency you will be spending in so you can use your Zenbanx Visa Debit Card to pay for items in the local currency. Euro’s in Italy, GBP in the UK – it saves you money every time. Compare the Zenbanx Visa Debit Card to the Top Banks’ Credit Card FX Transaction Fee*. The Zenbanx Visa Debit Card does not charge you a FX Transaction Fee.
* FX Transaction Fee is the Foreign Exchange Transaction Fee charged by the Top US Banks when you are overseas and use their credit card or debit card to access foreign currency at an ATM.
Earning interest on the currencies you live in is as easy as exchanging from your US position into any of the 9 currencies we support. Save in the currency you will be spending in. Try that with your bank. Our website shows our interest bearing currencies.
Deposits in a US account will earn a 1.00% interest rate and 1.00% Annual Percentage Yield (APY). Deposits in other currencies will earn the interest rates and APYs, shown in the below table.
Interest rates and APYs are variable and may change daily or at any time. The minimum balance to obtain the interest rate and APY is $.01 in each currency position you hold. There is no minimum deposit required to open the account. Fees assessed to accounts may reduce earnings.
International money transfers are cheaper using your Zenbanx account than using a bank. Period. And if you’re sending money to another Zenbanx customer in the Zenbanx directory in the USA, there are no send money fees.
*Fees apply for transfers to individuals who are not part of the Zenbanx network. See fee schedule.
Hold, exchange, and transfer money between multiple currencies in an instant through the mobile app, no visits to your bank's branch required and no hidden fees. You can access your Zenbanx account via the web, your iPhone or Android phone anywhere, anytime. It is the future of mobile money.
As a Zenbanx customer you receive a debit card to access your money from ATMs worldwide, or to purchase goods from stores worldwide. Best of all, it even lets you access different currencies from your account when traveling abroad. Now that's convenience.
Your life is social - so is Zenbanx. Say goodbye to impersonal money transfers. Now you can include a message and a photo when you send money to family and friends. Because we could all use some more fun in our lives.
Your Zenbanx account allows you to hold and exchange multiple currencies right from your mobile phone. No more time consuming bank visits. Access your currencies any time, day or night. Your money is ready for you when you need it.
Zenbanx customer accounts in the US are offered by Wilmington Savings Fund Society (WSFS), a regulated financial institution since 1832. The Zenbanx mobile app and website both meet industry standards for security and authentication, to ensure accounts are kept safe.
"Being able to access my money when, where and how I want it thanks to Zenbanx's easy-to-use mobile account means that I can spend more time enjoying my trips back to London and less time worrying about how I'm going to get my money over there."
"Good customer care is so hard to find nowadays....A shoutout to your team Zenbanx. Excellent, prompt service."
"Zenbanx will offer me a streamlined, easy way to move money where I need it without being restricted by the fees and hours of operation of big banks."
"I originally signed up to get the promotion only but am finding myself using the account to transfer money very easily and I imagine it will be very helpful when I travel. I will be recommending this to anyone that asks about global access to funds."
"With the banking landscape dominated for the most part by the so-called Big Banks, Zenbanx is becoming an outlier thanks to its unparalleled customer service, competitive exchange rates, and user-friendly interface."