A Yachtie's Guide to Personal Finance

Banking

Alright folks, I’ve got 2 top shelf options for you! Of course, alternatives are available but the two featured below offer some damn good features.


The people behind this fin-tech company are legends. This service provides international money transfers at great rates with transparent fees. You’re also able to open up ‘local’ bank accounts in selected countries to make transferring even easier. I use them myself and 100% recommend them.

Learn more here


Also a bunch of legends behind this company. It has very similar offerings as TransferWise but has some cheeky extras. It allows a user to invest in cryptocurrency (not recommended by themoneydock) and buy insurance, among some other differences.

Read more here


There are a couple of differences between these two, such as fees, currencies held and fringe services. Revolut offers a more of a package compared to TransferWise which is more focussed on foreign currency exchange, although they are developing new features.

This video will explain some differences between both services

Again, it’s your responsibility to undertake proper research. The way I see is you can’t go wrong with either of them.

And hey, why not just get both? It’s what I do.

*Note, some affiliate links are included here, this is to support my work and presents no extra cost to you.

Hit me up with any questions!

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