What are the Advantages of Opening a Foreign Online Bank Account?
The opening of an online account allows us to access a series of advantages that traditional banking does not offer in many cases or, at least, not under the same conditions.
For example, to get an account without commissions in a traditional entity, it will probably be necessary to direct payroll of a minimum amount or contract products that link us, such as mortgages, credits, or insurance.
Both online and digital banks in which we can only operate through our mobile device, not having to pay the costs of maintaining an office network, allow us to open an account without commissions without asking anything in return.
In addition to this advantage, opening an online or mobile account allows us to access the following benefits:
✪ Operational without going to the office. Most enable all operations to be carried out through the banking application or the web (issuing transfers, paying receipts, making direct debits, requesting the issuance of associated cards, etc.)
✪ They require a smaller band. The accounts offered by physical banks usually ask for more requirements to eliminate commissions or offer advantages such as free cards.
✪ They tend to be more transparent when it comes to publicizing information regarding the conditions of their products, opting for a clear and understandable style.
✪ They have more customer service channels, such as social networks, chat, email, telephone, WhatsApp, etc.
✪ Both traditional and online or digital banks offer this type of bank account. In the case of conventional entities, if we want a checking account without commissions, we will have to process the remote account registration and, besides, always operate from the app or web, maintaining a digital profile.