❓Who does nsave partner with for business accounts?
nsave partners with regulated financial institutions in the UK and Switzerland to provide secure, multi-currency business accounts. Your funds are held with trusted partners like ClearBank, J.P. Morgan, and others — all under strict FCA UK and Swiss compliance frameworks.
For international payments, we also work with a network of correspondent banks to ensure smooth and reliable transfers across borders - we’ve included more information here.
❓Are there any minimum requirements to open a business account?
No! We don’t require a minimum balance, but we do ask that you activate your account by transacting at least once within the first 10 days of opening it. This helps us keep your account in good standing.
❓What currencies does nsave support?
nsave Business Accounts currently support USD, GBP, and EUR. Each account comes with local banking details for sending and receiving in the account’s native currency.
❓How do I send or receive funds internationally?
Send: You can send funds via SWIFT (USD) or FPS (GBP) directly from your business account. EUR transfers via Wire.
Receive: You can receive funds in USD (SWIFT), GBP, or EUR using your unique IBAN and account details.
❓How much does it cost to send money?
USD (SWIFT): $15 per transfer
GBP (FPS): £1 per transfer
EUR (Wire): €10 per transfer
nsave-to-nsave: Always free
Currency exchange (within same entity): 1.5%
❓Are there any hidden fees?
Nope. We believe in simple, transparent pricing. You’ll always see the exact amount being sent or received, with no unexpected charges.
❓Can I open accounts for more than one entity?
Yes, you can open accounts for multiple business entities (e.g., Cayman, Delaware). Each entity will go through a separate KYB review process.
❓Who can I talk to if I have an issue with my business account?
We’ve set up a dedicated business support channel just for you.
📩 Email us directly at business@nsave.com