Rebank provides a single dashboard for international startup founders and CFOs to manage all their business bank accounts, understand spend and send payments. Users can replace multiple logins with one secure login and see cash balances in real-time across all accounts. Users can make inter-company, bill payments or pay salaries with over 30 currencies. Notifications can be set up to view balances and transactions in apps including Slack and WhatsApp.
$0
per month
Wise
Score 9.4 out of 10
N/A
Wise, formerly TransferWise, from the company of the same name headquartered in London, provides international accounts and payment solutions for businesses. Wise helps businesses pay international invoices, vendors, and employees with the real exchange rate, in 80 countries, boasting cheaper rates than traditional banking options. It also helps to make faster, lower-cost payouts to all business customers, freelancers, employees, investors, and suppliers around the world.
I actually use Wise and Rebank for different things. I have some multi-currency accounts on Wise that I use to get paid by my clients I then connect my Wise accounts and my accounts from other banks to Rebank where I can see all their balances and easily move money across them.
An amazing system that performs effectively enables multiple Banking operations to provide excellent and accurate data and its accounting functionalities are the best and easy to manage assets and track all the project payments and invoicing ability is also very good. For clients' data management and easy creating reports on cash flow and also on the project expense, Rebank offers the best capabilities.
For a small business looking to expand internationally, transferwise offers lower admin fee and no hidden fee which is very important. It also remove the hassle and headache of setting up accounts with the local banks. Other than the low fees, the best part is we can use transferwise safely with a peace of mind as it is being regulated by the MAS. Lastly, any small business can set up their transferwise account within minutes which is very convenient
For large money transfers, the tax is a bit expensive so it would be nice if that was adjusted or if there was some economy of scale.
Ability to schedule recurring transfers could be useful.
Be able to transfer money by using a mobile phone number, like with Mobile Pay or Bizum, when the sender and receiver of the money are in different countries.
I actually use Wise and Rebank for different things. I have some multi-currency accounts on Wise that I use to get paid by my clients I then connect my Wise accounts and my accounts from other banks to Rebank where I can see all their balances and easily move money across them.
We considered PayPal payment, ACH bank transfer, and simply mailing a check. TransferWise's fees were much lower than PayPal and our bank. Postage might have been less than TransferWise's fee, but payment could have taken more than a week rather than hours (or days in the case of a new payee).
