
imm germ
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The fees are too high and not transparent. You charge $1 to receive, $1 to send, plus around 4% hidden fees in the exchange rate. For example, if I receive 100 EUR and then send it again, the final amount delivered is only about 94.5 EUR. This means I lose around 5.5 EUR (≈5.5%) in just one round transaction. It would be much fairer if the fixed fees and exchange margin were shown clearly upfront.
24 people found this review helpful
Hello Germ
We understand your frustration. Exchange rate fees are set by our partners and can change over time depending on market conditions. Moneco works best for receiving money and spending it with the card, but “round transactions” may result in higher costs. We’re working with our partners to try and offer better rates.

OMAR Fissah
I do not recommend creating an account. It does not support the US dollar currency, and at the beginning it claims that creating the account is free, but you will not even complete filling in your information; it will ask you to pay $4.

Ammar AbdelWahhab
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NOT A BANK BUT A BUNCH OF SCAMMERS you will lose your money. Support team is so bad, if i could rate this with 0 star i would've done it. No usd ach account as they say, but only euro iban, when you receive money to iban they convert it to usd automatically under their conversion rate and when you transfer to euro account it will be converted from that usd balance under their rate, no separated euro balance. they deduct 1$ on every transfer and benefits from converting under their "marker rate"