ZenBanx is the perfect tool for Canadian travellers.
In the past, I’ve gone directly to my local bank branch, filled out a long paper form, and paid some hefty administration fees to send my precious euros back home.
The bank employees were often puzzled about how to handle the transaction, resulting in errors and delays in the funds being transferred.
As frustrating as the process itself was, it was those administration fees that bothered me the most. I often ended up paying upwards of €30 every month! Over the course of time, this added up to be a ridiculous amount of money.
Money that I could’ve used to travel. For close to that amount, I could’ve flown to Budapest for the weekend or hopped on the train and visited Szczecin for the day in the pursuit of Polish pierogies and beer.
As a frequent traveller, I often need to access other currencies, and this too can be a complicated affair.
You begin by calling your bank and credit card company to inform them that you’re travelling, and even then, it’s not guaranteed that your cards will work once you reach your destination.
When you use your card to withdraw money, you end up paying even more exorbitant fees. That €100 you withdraw could end up costing you €125.
This is when ZenBanx helps, as they offer the first ever multi-currency bank account that allows you to hold up to five different currencies.
Using their mobile app, you can securely save, exchange, and send money, both domestically and internationally, without ever visiting a branch or paying expensive administration fees. In fact, their transfer fees are up to 5x cheaper than what most banks offer.
There’s no need to ever visit a bank, and you can use your ZenBanx bank card at many ATMs around the world to withdraw cash.
There’s no better time than now to sign up with ZenBanx, as you embark on your summer holidays!
The Skinny on ZenBanx
Are you curious about ZenBanx but need to know more before giving them a try? Start by watching this video.
Some other relevant information:
- ZenBanx is open to Canadian residents only.
- Supported currencies include AUD, CAD, EUR, GBP, HKD, INR, JPY, SGD and USD.
- You need to deposit a minimum of $25 to open an account.
- Transfers are typically processed in 1–3 business days. These transfers are also insured.
- You can earn interest on the money in your account.
- They have a friendly customer support staff that you can call for assistance.
For more details, check out the ZenBanx FAQ page.
Get Started With ZenBanx
Head on over to their website or download their app to your phone to sign up now. The process is fairly simple, and you’ll be set up within minutes.
I’ve signed up myself and found everything to be straightforward. I can’t wait to try it out when I make a visit home to Toronto this summer.
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- Twitter – https://twitter.com/zenbanx
- Facebook- https://www.facebook.com/Zenbanx
* Disclosure – This post was done in partnership with ZenBanx.
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