Personal accounts in USD, EUR and GBP.
For individuals who are paid in, or pay in, currencies other than their own.
Who can apply
Individuals aged 18 or over, wherever they live, except people connected with countries or jurisdictions we do not accept (see AML, KYC and sanctions).
Clients use a personal account to:
- receive income from employers or clients abroad
- pay tuition, rent or other costs overseas
- hold money in the currency they are paid in
What your account includes
- Three currencies. Hold balances in USD, EUR and GBP.
- International payments. Send and receive payments by SWIFT.
- Currency conversion. Convert between your balances at a fee of 2% of the amount converted.
- Online platform. See your balances and payments, and download statements at any time.
- Support. By email, Monday to Friday, 12:00–19:00 Anjouan time (UTC+3).
What your account does not include
- No payment cards
- No cash deposits or withdrawals
- No interest on balances
- No local payment schemes such as SEPA, UK Faster Payments or ACH; all payments are made by SWIFT
- No overdrafts or credit
How your account works
Your account is a sub-account in the NexusFinX platform, with its own account reference. Your balance is recorded separately in the platform.
The money itself is held, together with the money of other clients, in accounts in the name of NexusFinX at third-party banks. When someone pays you, they pay into a NexusFinX account and quote your account reference. We then credit the payment to your account. Your payment details, including the reference to quote, are shown in the online platform.
Your money is not covered by any deposit protection scheme. Read the important information for what this means.
Keeping your account active
Your account needs at least one payment, in or out, every 12 months. If there is no payment for 12 months, your account becomes dormant. A dormant account is view-only: you can see your balance and statements, but you cannot make or receive payments. You then have two options: close the account and ask us by email to return your balance, which is free, or pay the account opening fee of USD 6,000 again to reactivate it.
Fees
| Fee | Amount |
|---|---|
| KYC review (when you apply, not refundable) | USD 1,500.00 |
| Account opening (only after approval) | USD 6,000.00 |
| Incoming payment | 1% |
| Outgoing payment | 1% |
| Currency conversion | 2% |
What we ask for
We ask for information that confirms your identity, your address and the source of the money you will hold in the account. Requirements differ from country to country, so after you apply we send you a list that fits your situation.
Open a personal accountQuestions before you apply?
Email [email protected]. We answer Monday to Friday, 12:00–19:00 Anjouan time (UTC+3).