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Comment by jjevanoorschot | Hacker News Reader

Transferwise borderless accounts (https://transferwise.com/gb/borderless/) do exactly that. You can open up multiple international bank accounts that are all linked to one debit card. It's free as well.

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I use them too, but note that they are not a bank, so your money is not protected, also consider Revolut

How is your experience with them so far?

Haven’t used their borderless account but I live in NZ and get paid by a UK company into a UK account. I use them to bring all my money back to NZ and have nothing but good things to say about them. I usually have the cash in my NZ the next day but sometimes I’ve had it the same day, they’re really fast.

Yep, I used them so send money every month between EU countries and the money is available literally instantly, compared to 2-3 days for a regular bank transfer. The rates are better too. You can also lock your transfer rate for up to 24 hours, so if you think there's a chance there rate will be better the next day you can lock your transfer rate for a day - if it improves, just schedule another transfer. If it goes down, then send the one planned the day before. It's really good.

I haven't checked for the UK, but take a look at OFX if you can, I've found a notably better exchange rate from US to NZ when compared to Transferwise.

I got a borderless account about 4 months ago and I am happy with it. I use it to receive my salary in pounds, and I use the bank card to pay in pounds and euro in UK and France. I choose to use this account instead because they let me open the account before I moved to UK and they sent me the bank card in France. Still, I run into few minor problems: it's impossible to change the limitations of the card with the web-based interface, you need to use the android/ios app (which I don't have). Also, I have never been able to pay in Asda and Tesco by inserting the card (but contactless works). I never had any problems with other shop or hotel.

I've been using them for a while now. I have had no issues and everything works as they say it does. I use it to transfer money between bank accounts in various countries as well as their debit card for travel.

This is somewhat tangential, but does anyone have a good way to accept money in different currencies with minimal fees? Specifically I'm making money from different international Amazon sites and they all either send a paper check or I need a bank account in the country of origin which is not often possible.

I've looked into Payoneer, but they are taking a cut too and only really support a couple currencies. Any good options? I haven't looked at Transferwise yet so they might work.

I use TransferWise Borderless to collect payments in USD/EUR/AUD/SGD. They give you routing details for a local bank account created in your name. You can hold cash in the original currency, centralized it to one currency, or send it all back home. I have moved significant sums over the last two years without a single issue. Recommended.

You got my hopes up, but the TW borderless bank doesn't give you local SG bank account details (yet?). SGD is a supported currency of course.

Have a look at transferwise, you don't need a bank account with them to transfer money round different curencies/accounts. I've used them a fair bit and saved hugely on fees and currency conversion rates.

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