Compare Neat Global vs TransferWise

Neat Global Limited Logo
Trustpilot Rating
Reviews 431 | Good
 (3.8)

Neat Global Limited is an electronic money distribution agent, focused on providing alternative banking solutions for entrepreneurs. Neat Global Limited offers personal IBAN accounts, business IBAN accounts, prepaid cards. Neat Global Limited is in progress of obtaining its e-money institution licence from the Financial Authority of the United Kingdom.

Transferwise Ltd Logo
Trustpilot Rating
Reviews 94,805 | Excellent
 (4.6)

Transferwise Ltd is an electronic money institution focused on international money transfers. Transferwise Ltd offers prepaid cards, international money transfers, virtual accounts with IBAN to individuals, businesses. In 2019 Transferwise Ltd had total assets of 1,108.80 mln GBP, Transferwise Ltd generated net income of 10.30 mln GBP. Incorporated in the United Kingdom, Transferwise Ltd is authorized and regulated by the Financial Conduct Authority.

Neat Global Business Focus
alternative banking for entrepreneurs
Neat Global Products
  • personal IBAN accounts
  • business IBAN accounts
  • prepaid cards

View Neat Global Profile +

TransferWise Business Focus
international money transfers
TransferWise Products
  • prepaid cards
  • virtual accounts with IBAN
TransferWise Services
  • international money transfers
TransferWise Clients
  • individuals
  • businesses

View TransferWise Profile +

Compare Business Accounts

Neat Global TransferWise
CurrencyHKD, USD, EUR
and 1 more
EUR, GBP, AUD
and 43 more
Payment Cards physical
virtual
physical
virtual
Personal IBAN available available (BE, GB IBAN)
UK Account Number not available available
Customer GroupsEurope, Asiaall countries
Pricing Planssingle for all customerssingle for all customers
Open Account Open Account
 

Currency

Neat Global

Neat Business Account is a multi-currency account, allowing the account holder to have funds in HKD, USD, EUR, GBP.

TransferWise

Business Account is a multi-currency account, allowing the account holder to have funds in EUR, GBP, AUD, AED, ARS, BDT, BGN, CHF, CLP, CNY, CZK, DKK, EGP, GEL, HKD, HRK, HUF, CAD, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, USD, PEN, PHP, PLN, PKR, RON, RUB, SEK, SGD, THB, TRY, UAH, VND, ZAR.

Payment Cards

Neat Global

A payment card can be ordered together with Neat Business Account. Virtual cards are not available.

TransferWise

TransferWise Business Card (MasterCard) can be ordered together with Business Account. Virtual cards are not available.

International Transfers

Neat Global

n/a

TransferWise

  • SWIFT Transfers
  • SEPA Credit Transfers
  • SEPA Instant Transfers

Personal IBAN

Neat Global

n/a

TransferWise

  • available for verified customers
  • appears automatically for EUR balances
  • UK sort code and account number available for GBP balances
  • ABA and account number available for USD balances
  • BSB and account number available for AUD balances
  • account number available for NZD balances
  • account number available for PLN balances

IBAN Countries

Neat Global

n/a

TransferWise

Personal IBANs assigned to TransferWise Borderless accounts belong to:

  • Belgium for EUR balances
  • the United Kingdom for GBP balances

Account Security

Neat Global

n/a

TransferWise

TransferWise uses HTTPS encryption, and two-factor authentication to protect all customer transactions and make sure everything is secure. TransferWise will never misuse or sell customer data.

Pricing Plans

Neat Global

Neat Business Account is offered with a single pricing plan for all customers.

  • Business Account
  • offered to: Europe, Asia
  • Initial Fee 0.00 USD
  • Monthly Fee 0.00 USD
  • Closing Fee 0.00 USD
  • SEPA Outgoing 0.00 USD
  • SEPA Incoming 0.00 USD
  • SWIFT Outgoing 12.00 USD
  • SWIFT Incoming 13.50 USD
  • Open Account

TransferWise

Business Account is offered with a single pricing plan for all customers.

  • Business Account
  • offered to: all countries
  • Initial Fee 0.00 EUR
  • SEPA Outgoing 0.60 EUR
  • SEPA Incoming 0.00 EUR
  • SWIFT Outgoing 0.60 EUR
  • SWIFT Incoming 0.00 EUR
  • Batch payments
  • Xero integration
  • Open API
  • Monthly statements
  • Open Account

How to Open Neat Global Account

Opening Neat Business Account
1.
Provide your details online
2.
Upload your copy of passport
3.
Upload your business registration certificate
4.
Account is ready to use in a few days
Passports. Neat requires copies of passports of a company's directors and shareholders.
Corporate Documents. Neat does not require to provide corporate documentation such as annual returns or a certificate of incorporation because these documents can be downloaded by Neat directly from corresponding companies registries.
Legal Forms. Neat accepts limited companies, registered sole proprietors and partnerships.


How to Open TransferWise Account

Opening Business Account
1.
Provide your details online
2.
Upload your company details
3.
Upload your proof of identity
4.
Account is ready to use in 4-7 business days
Company Details. To open a TransferWise Business Account, a client needs to provide company details, including business registration, the industry which the company operates in, any online or social presence, name, date of birth, and country of residence for all legal business owners and directors.
Personal Details. Customer applying for opening TransferWise Business account, should provide his/her personal details and describe the role in the business.
The application is submitted for review, and TransferWise team will contact the customer back to clarify additional details.
It usually takes between 4-7 days to open a business account.
Country-Specific Requirements. If the business is registered in the United States, Singapore, Japan, Hong Kong, or New Zealand, there may be additional things TransferWise needs before having the account verified.