IBAN accounts in different currencies are your best assistant when making payments in your country or abroad. Unfortunately, opening a bank account in a currency different from the official currency of the country you live in can be a challenge – you need to provide a bunch of documents, the procedure in the bank is tough, and the fees are high. Luckily, your favourite digital wallet iCard is here for you. Opening a new account in all of the 7 available currencies in the iCard app is easy and completely free.
With the iCard digital wallet, you can have up to 21 accounts in different currencies. Sounds too good to be true, right? You also get free debit cards – the first plastic card in a given currency (you can have up to 5 free or premium cards in the digital wallet) and 2 free virtual cards (you can have up to 20 of them). We have prepared for you a list of part of the functionalities you can take advantage of when opening an IBAN account in iCard.
Оpen up to 21 IBAN accounts in different currencies
When you download the iCard mobile app on your phone, register, and provide us with a valid identity document (because, as a financial institution, we need to require it), a free account will be opened in your new digital wallet. The first one will be in the official currency of the country where you live. But with iCard, you always get more. That is why we are happy to give you the advantage of the easy opening of an account in foreign currency.
You can open free IBAN accounts in iCard in 7 currencies: EUR, GBP, USD, BGN, CHF, RON, HRK. You can open up to 3 accounts in each of them. In other words, with iCard digital wallet, you can have up to 21 accounts at a time. Manage your finances 24/7 with your mobile phone.
Make free and instant internal transfers
Every client of iCard digital wallet can make free internal money transfers to another iCard user. All you have to do is enter the recipient’s phone number and select the amount you want to send. The customers can also receive instant transfers. The process takes seconds, and the money arrives immediately. If you do not want to provide your phone number to strangers, you can generate your QR code for sending and receiving the money to another iCard user.
Internal transfers are also an easy way to pleasantly surprise your friends and relatives, to make a gift for a colleague, or to send money to someone to share the bill in a restaurant. You can also surprise a loved one with or without a reason with a virtual GiftCard. Select a unique design that they will like and send it to them via the iCard digital wallet.
Make advantageous money transfers all over the world
In addition to internal transfers, with iCard digital wallet, you can also easily send and receive funds to bank accounts, both in your country and abroad – SEPA and SWIFT transfers. To send money to a bank account, you will need the names of the recipient and his or her IBAN. Fees are low and the time for receiving the money is short.
If you want to receive funds in one of your iCard accounts, you just need to provide your name and IBAN to the sender. You can receive money not only from relatives and friends but also from other people and organizations. You can accept all kinds of payments in your iCard accounts: salary, scholarships, rents, loans, profits, etc.
Money transfers from an iCard account to a bank account can be made to almost every country in the world. Enjoy this convenient way of sending and receiving money, where you don’t even have to leave your home. Everything happens in the mobile app with which we want to make your life as easy as possible and save you valuable time.
Manage the statements of all your accounts
One of the numerous advantages of your digital wallet is the opportunity to manage all your accounts at any time and place in the world. For a few seconds, you can check your account balance, order a new card, open or close your accounts, send money, etc.
Here’s how you can download a statement in the iCard mobile app:
1. Open the menu and choose “Accounts”;
2. Press the dots at the right corner of the account you want the statement of;
3. Choose “Statements” and then the month.
Check the PIN codes of your cards easily
Once you verify your identity and open an iCard account, you can order your first plastic debit card completely free of charge. Manage all your payment instruments in just a few taps. If you lose your card or NFC wearable, you can freeze and unfreeze it back whenever you want. If you forget your PIN code, you can easily see it. Select the “PIN” function of the debit card in the digital wallet, and we will immediately send you the code as an SMS.
With plan Standard, you will also receive 2 free virtual cards. You can have up to 20 virtual cards (including those you have already removed), and the price for issuing each additional card after the first two is 1 EUR. You can connect each of them to the selected account you want. Use them for safe online shopping or for making contactless payments with your phone (if they are Visa cards) at retail stores by adding them to Apple Pay or Google Pay.
Automate your regular payments in euro with direct debits
You can now take advantage of the service called direct debit for your regular payments in euro. You no longer need to wait for your new invoice. The transaction will be made at the moment the merchant issues the document. All you have to do is provide the institution, merchant, or service provider with the details of your IBAN account in euro in advance and a written agreement for iCard to automatically make payments to it on your behalf.
Such an automatic process for making regular payments saves you time and effort. It gives you more convenience and security that you will not forget to make any payment – utility bill, payment of a monthly sports subscription, credit instalment, etc. Please note that the service is available only in the countries in the Single Euro Payments Area (SEPA) – only in euro. The fee we apply for SEPA direct debit processing is 1.00 EUR.
How to open an account in another currency?
Do you need a free IBAN account in the currencies available in iCard? Here’s how to open one in no time with the digital wallet:
1. Open the iCard app and select the “Menu” tab;
2. Tap “Accounts” and press the button “Add new account”.
3. Choose a currency and pick a name for the account.
Done! You just opened a free IBAN account in just a few seconds!