Moving countries can be a daunting task, even for the most experienced of expats. Whether it’s for work or pleasure, there’s plenty to think about when you relocate to a foreign country: your visa application and work permits, getting your tax number, arranging your travel and accommodation, registering for healthcare and more. But perhaps the most important thing a foreign national might need to consider is where they’ll keep their money in their new homeland.
As more and more foreign workers adopt a “digital nomad” lifestyle, traditional banks and their archaic processes are becoming less and less attractive. Freelance work is flexible work and some months may be slower or busier than others. Payments may not always come consistently on a set date of the month — as the banks may prefer. High street banks and their minimum deposit thresholds just don’t work for the modern freelance worker. So they’ll threaten to close accounts of self-employed workers who don’t regularly deposit enough or freeze incoming inbound payments.
Our instant mobile money accounts are a fantastic alternative to the traditional banks created for freelancers and nomads on the move. Our on-the-spot mobile money accounts are designed to fit flexible lifestyles like freelancers working at different companies, adventure-seekers travelling the world or foreign nationals working remotely.
You can manage your Monese account right on your phone. This means your money is always with you and accessible to you no matter where you are in the world or where you’re headed next! Count on the real exchange rate when you spend or withdraw abroad with no hidden fees. When you travel, spend, send and receive money like a true local! Make both local or international payments without any extra fees or markups. Finally, rest easy knowing that if you ever lose your card while abroad or on a travel adventure, your money and account will stay safe. Quickly lock your card with your app for extra protection and security.
Easily add money to your account in a variety of ways (choose the method best for you). You can also set a weekly or monthly budget to help you keep track of your money and see exactly where your funds are going with real-time notifications.