Banking Solutions for Nomads
We knew we would be dealing with a lot of different currencies on our travels so I did some research to find the best banking solutions for nomads. This is what we have put together so far. We knew we would live and work around the world so it was important to have our banking needs sorted before we left.
European Banking for Nomads
For the European zone I did a lot of research and found an amazing bank called N26. You need a European address, which of course I didn't have when I signed up. I used a friends German address and she forwarded my eftpos card to me while we were still residing in Australia. This seemed to be the best banking solution for our nomad family prior to arriving in Europe.
Click here to sign up for N26 with my referral code and see how easy banking can be - My referral code is melissaw8690. This means when you spend €15 with your card, I receive €15. You will also receive a referral link so you can refer your friends too.
America Business Banking
For business to business banking transactions I use Payoneer. If you sign up using my link (click here) both you and I receive $25USD when you've made $1,000 in transactions. This is an awesome service if you are an Amazon Associate or if you need to receive business income into a US bank account!! It's come in handy with many affiliate programs who can only deposit to US accounts. I have found many other nomads use this as a banking solution too.
Australia and New Zealand Solutions for Nomads
My preferred bank any international travellers in these countries is ING! I love they reverse the ATM charges, it's awesome. I watch my savings add up monthly, so far we have saved over $780 AUD with these rebates. That's almost another month accommodation for us. What would that mean for you?
International Banking for Nomads
I love PayPal for the ease it provides. I use this where needed! Some of our affiliate income actually gets paid directly to our PayPal account. I'm also very careful with this as I have heard of other Nomads who have encountered issues with PayPal freezing their accounts. So keep this in mind when you are setting up payment options for your customers (if you are doing this) as you want to have more than one place to receive an income.
I hope these banking solutions for nomads help you a little if you are planning to travel long term. Another really useful resource is the use of a VPN. Click here to read more about VPN services, as these are also very valuable while travelling abroad.
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