If you are a freelancer or digital nomad finding a personal bank account that fits your lifestyle can be a difficult task. You need an account separate from your business bank account for all of your day to day living expenses and personal finances - but regular banks are often hostile toward freelancers because there is no guarantee of ‘regular monthly deposits’.
In some months freelancers can deposit a lot of money and in other months they may deposit nothing. Banks archaic processes and minimum deposit thresholds don’t accommodate these flexible working and payment patterns so they often threaten to close accounts of freelancers that aren’t depositing enough or they freeze the inbound deposits of freelancers that haven’t deposited in some time and deposit a lot in one go.
At Monese we understand that more and more people are choosing a ‘digital nomad’ lifestyle, freelancing at different companies, traveling the world and working remotely and we’ve designed our accounts to be as flexible as those freelance working patterns.
Every aspect of your account can be managed via our mobile app, wherever you are in the world. You can load money into your account in cash or via bank transfer (with no minimum thresholds) and there are no roaming charges when you’re working abroad, you’ll just get the real exchange rate with no hidden fees. You can make local payments, international payments, manage your budget and lock / unlock your debit card in real-time.
Monese is the easier way to manage your personal finances as a freelancer, try it free and see for yourself.