While Amina Group provides a blend of traditional banking and digital asset services, factors like non-public pricing or specific service needs might lead you to explore other options. This article will explain what Amina Group offers, examine the reasons you might seek an alternative, and present other global payment and banking solutions tailored to different requirements.
What is Amina Group?
Amina Group is a Swiss-licensed financial institution integrating traditional banking with digital asset services for professional investors and institutions. The bank provides a vertically integrated service model with high security standards, bridging the gap between conventional finance and the digital asset world.
Its offerings include current accounts, custody, lending, and investment solutions for both fiat and cryptocurrencies. Headquartered in Zug, Switzerland, the bank operates globally from regulated hubs in Abu Dhabi and Hong Kong.
What to Consider When Selecting a Amina Group Alternative?
When searching for an alternative to Amina Group, it's helpful to weigh several key aspects to find the right fit for your business needs:
- Digital and Traditional Asset Integration: Evaluate how well a platform handles both fiat currencies and digital assets for transactions and management.
- Fee Structure and Transparency: Examine the platform’s pricing model, including transaction fees, monthly costs, and any potential hidden charges.
- International Capabilities: Consider the platform's support for multi-currency accounts and efficient, low-cost global payment processing.
- Business Management Tools: Look for features that simplify operations, such as payroll processing, expense management, and accounting software integrations.
- Customer Support and Reliability: Assess the quality and responsiveness of customer service, as this is vital for resolving financial issues quickly.
If one or more of these factors resonate with you, check out the alternatives we've detailed in the next section.
10 Best Alternatives to Amina Group
1. OneSafe
OneSafe is a finance platform designed to streamline and modernize banking for businesses, particularly those operating in the Web3 and crypto sectors. We provide essential tools for effortless fund management, quick payments, and access to both traditional and digital assets.
Our platform enables a direct 1:1 conversion from USD to USDC on Polygon, which simplifies payroll and expense management for global teams. We also offer streamlined onboarding, frictionless transfers, rapid account setup, and responsive customer support tailored for businesses in the digital asset space.
Pricing
Here's a look at our straightforward pricing:
- Free Account Basics: Get started with no fees for account opening, maintenance, or card issuance, and no minimum balance requirements.
- 0.1% US Domestic Transfers: Move money within the US via ACH and wires for a low percentage fee, with a flat $25 option for Fedwire.
- Competitive International Payments: Manage global transactions with a 0.2% fee for SEPA payments and a 0.2% fee plus a $50 SWIFT charge for international wires.
- Transparent Crypto Transactions: Handle USDT transactions with a minimal 0.1% fee, and enjoy fiat-to-crypto conversions with no hidden charges beyond market rates.
- 3% Corporate Card FX: Spend globally on your corporate card with a clear 3% foreign exchange fee on non-USD transactions.
Reviews
Our clients consistently praise our responsive customer support and how our platform effectively solves banking and payroll headaches, particularly for companies in the Web3 space.
- Amit Chu, Investments @ Celo Foundation: “OneSafe has the best customer support I've ever experienced from a bank.”
- Marco, CEO of Ensuro: “OneSafe is a game-changer. They solve so many headaches for our company. Finally a banking solution that gets it.”
Want to see for yourself? Check us out here.
2. Airwallex
Airwallex is a financial technology company that originated in Melbourne, Australia, in 2015 and is now headquartered in Singapore. The company offers a suite of financial services, including cross-border payments, multi-currency business accounts, expense management, and corporate cards.
The platform enables businesses to hold funds in over 20 currencies and provides foreign exchange rates with a markup of 0.5% to 1% above interbank rates. It also offers corporate cards with no international fees and integrates with accounting software such as Xero, QuickBooks, and NetSuite.
Pricing
Here is a look at their pricing plans:
- Free Explore Plan: This plan is for small businesses and is free for users who meet certain deposit or balance requirements. It includes multiple business accounts and free transfers to over 120 countries.
- $99/month Grow Plan: This plan includes all features of the Explore plan, adding international batch transfers, expense management, and bill pay services.
- $499/month Accelerate Plan: This option offers all Grow Plan features, plus centralized management of finances across global entities and single sign-on capabilities.
- Custom Plan: Pricing is tailored for high-volume businesses or those that require custom API implementations.
Reviews
User feedback on Airwallex is mixed, with some customers pointing to issues with customer service, account suspensions, and the onboarding process. Check out more Airwallex reviews here.
3. Ampere
Ampere is a UK-based financial services provider that offers a business current account designed for startups and small to medium-sized enterprises. The platform provides features such as multi-currency accounts and the ability to create invoices directly from the bank account.
The service facilitates currency exchange at a rate of 0.35% and offers business loans and commercial mortgages with adaptable plans. Additionally, Ampere provides merchant accounts with acquiring fees starting from 0.65% and settlements twice a week.
Pricing
Here's their pricing at a glance:
- £35 Business Account: The setup fee includes the first month's maintenance and card issuance, with a recurring £20 monthly fee.
- £25 Private Account: The setup fee covers the first month's maintenance and card issuance, with a recurring £10 monthly fee.
- £25 International Transfers: SWIFT transfers have a flat fee, while local GBP and EUR transfers are free of charge.
- 0.35% Currency Exchange: This fee is applied to the exchange amount for GBP and EUR transactions.
- Merchant Account Fees: Setup is free, and acquiring fees begin at IC++0.35% for low-risk merchants.
Reviews
User reviews frequently mention the platform's interface and multi-currency capabilities, while also pointing to a desire for more advanced business features, additional currencies like USD, and inconsistent customer service experiences. Check out more Ampere reviews here.
4. Reap
Reap Technologies Limited is a financial technology company founded in 2018. It offers a suite of products designed to manage financial operations for businesses of various sizes.
The company’s main offering is the Reap Card, a corporate credit card that facilitates bill repayments in both fiat and digital currencies. Reap also provides Reap Pay for making payments in preferred currencies, along with API and embedded finance solutions for card issuing and automated global payouts.
Pricing
Here's their pricing at a glance:
- No Annual Fee: The Reap Card is available with no annual or hidden service fees.
- 1.2% Stablecoin Repayment Fee: A handling fee is applied for repayments made with stablecoins.
- 2% Transaction Fees: ATM withdrawals and foreign exchange transactions incur a 2% fee.
- Custom API & Issuing Packages: Pricing for card issuing, payment APIs, and compliance APIs is based on product usage.
Reviews
User feedback indicates a mixed experience, with some customers reporting issues related to credit limit changes without notice. Other concerns have been raised regarding customer service and the company's financial standards. Check out more Reap reviews here.
5. Wallester
Wallester is a financial technology company that specializes in corporate expense management through the issuance of virtual and physical Visa cards. Its services are built to help businesses of all sizes manage their financial operations.
The platform provides features like real-time expense control, detailed financial reporting, and integrations with accounting software. It also supports instant virtual card issuance, multiple currencies, and offers advanced API integration.
Pricing
Here's a look at their pricing:
- Free Plan: Includes up to 300 virtual cards and unlimited physical cards, with no account or minimum balance fees.
- €0.20 per Additional Virtual Card: A monthly fee is applied for each virtual card over the 300-card limit.
- Premium Plans: Custom plans are available for businesses that require more cards; pricing is not publicly listed.
Reviews
User feedback indicates some customers have reported challenges with platform integration, transaction issues, and occasional delays in support. Check out more Wallester reviews here.
6. Revolut
Revolut is a British financial technology company established in 2015 that provides a range of banking services. It offers current accounts, debit and credit cards, stock and cryptocurrency trading, and peer-to-peer payments.
The platform facilitates international transactions by allowing users to manage and exchange over 25 currencies at the interbank rate. Additionally, it includes team management tools for issuing cards and setting spending controls, along with integrations for accounting software.
Pricing
Here's their pricing at a glance:
- From £10/month Basic Plan: Provides essential features for running a business.
- From £30/month Grow Plan: Offers additional tools to manage spending and operations.
- From £90/month Scale Plan: Designed for businesses with higher transaction volumes and advanced needs.
- Custom Enterprise Plan: Pricing is tailored to specific business requirements.
Reviews
User feedback indicates challenges with customer support, limitations in certain banking functionalities, and occasional difficulties with the account verification process. Check out more Revolut reviews here.
7. Bunq
Bunq is a Dutch fintech company founded in 2012 that provides mobile banking services across 30 European countries. It offers personal and business accounts with features such as multiple International Bank Account Numbers (IBANs), multi-currency support, and a public API for developers.
The company incorporates a sustainability initiative by planting trees based on the user's subscription plan and allows customers to invest in environmental projects. The platform also includes budgeting tools and options for cryptocurrency exchange and other investments.
Pricing
Here's their pricing at a glance:
- Free - bunq Free: For sole proprietors, includes 3 bank accounts with IBANs.
- €7.99/month - bunq Core: Includes 3 bank accounts with IBANs.
- €13.99/month - bunq Pro: Includes 5 bank accounts with IBANs.
- €23.99/month - bunq Elite: Includes 25 bank accounts with IBANs.
Reviews
User feedback indicates some customers have reported issues with customer support, including slow response times and challenges resolving problems, as well as concerns about hidden fees. Check out more Bunq reviews here.
8. Blank
Blank is a French company that offers online professional accounts designed for freelancers and small businesses. The service provides a French IBAN, a Visa Business card, and tools for accounting and managing invoices.
The platform includes automated Urssaf declarations and integrated tools for creating quotes and invoices. Blank also provides professional insurance solutions and partner offers to address various business needs.
Pricing
Here's their pricing at a glance:
- €6/month (excl. tax) Simple: Includes 30 SEPA transfers, tools for creating quotes and invoices, automated Urssaf declarations, and expense tracking.
- €17/month (excl. tax) Confort: Contains all Simple plan features, plus phone support five days a week, 30 additional SEPA transfers, higher card limits, and income maintenance insurance.
- €39/month (excl. tax) Complète: Offers all Confort plan features, along with unlimited SEPA transfers, email and phone support six days a week, and higher card limits.
Reviews
User feedback on Blank is varied, with some reviews pointing to difficulties with account closure and delays in transferring funds. Check out more Blank reviews here.
9. Wise
Wise, formerly TransferWise, is a UK-based financial technology company founded in 2011. It specializes in international money transfers by using the mid-market exchange rate.
The platform offers a multi-currency account to hold and manage funds in over 40 currencies, along with a debit card for spending worldwide. Its services cater to both individual and business needs through Wise Business and Wise Platform.
Pricing
Wise operates on a pay-as-you-go pricing model with no monthly subscription fees. Costs include a one-time $31 fee for business account setup, a $9 fee for the multi-currency card, and variable fees for sending money, which start at 0.57%.
Reviews
User feedback indicates some customers have reported issues with account freezes and delayed fund transfers. There are also reports of unresponsive customer support when attempting to resolve these problems. Check out more Wise reviews here.
10. RelayFi
RelayFi is a financial technology company that offers an online banking platform designed for small businesses. The service provides tools to help companies manage their financial operations.
The platform enables users to open up to 20 checking accounts, offers banking with no monthly fees or minimum balances, and includes high-yield savings accounts. Additionally, it supports the Profit First methodology, provides debit cards with spending controls, and integrates with accounting software like QuickBooks and Xero.
Pricing
Here's their pricing at a glance:
- $0/month Starter Plan: This plan is for solopreneurs and new businesses and includes banking features, automated savings, and integrations with QuickBooks and Xero.
- $30/month Grow Plan: This plan is for small teams and includes all Starter Plan features, plus multi-step bill approval rules, customizable bookkeeping automation, and branded invoices.
- $90/month Scale Plan: This plan is for larger teams and includes all Grow Plan features, in addition to AI-powered automation, cash flow insights, and faster customer support.
Reviews
User reviews discuss the platform's customer service, interface, and connection to accounting tools, while some also report transaction delays, account freezes, and issues with support responsiveness. Check out more RelayFi reviews here.
Which One Should You Go With?
Navigating the world of digital and traditional finance can be complex, and any of the platforms listed can serve your business well depending on your specific needs. If you're looking for a modern solution that bridges the gap for Web3 companies, we believe OneSafe is an excellent choice. Sign up today to see how OneSafe can streamline your financial operations.
