Bankera logo
Bankera logo

Bankera Review 2023 - Is It Safe?

Contact
Site: bankera.com
Expert Review
Mar 15, 2022

Bankera is a digital bank that was founded in 2017 with the aim of providing affordable and innovative banking services to its customers. The bank is owned by SpectroCoin, which is a cryptocurrency exchange that was launched in 2013. Bankera is a fully licensed bank that is regulated by the Lithuanian Central Bank, and it offers a range of services that are designed to cater to the needs of both individuals and businesses. In this review, we will take a closer look at Bankera's features and services and evaluate how they stack up against the competition.

Account Opening Process

Opening an account with Bankera is a straightforward process that can be completed online in a matter of minutes. The bank requires customers to provide some basic information, such as their name, address, and date of birth, as well as a valid ID. The bank also uses an automated identity verification system to ensure that all customers are legitimate.
One of the unique features of Bankera is that it allows customers to open both personal and business accounts using the same process. This is particularly useful for entrepreneurs who need to keep their personal and business finances separate.

Fees and Charges

Bankera is known for its low fees and charges, which is one of its most significant selling points. The bank does not charge any monthly fees for its personal accounts, and it offers a range of features that are typically associated with traditional banks, such as free debit cards and online banking.
In terms of transaction fees, Bankera charges a flat rate of 0.1% for SEPA transfers, which is significantly lower than what traditional banks typically charge. The bank also offers competitive exchange rates for foreign currency transactions, which can save customers a significant amount of money compared to using traditional banks.

One area where Bankera could improve is in its ATM fees. The bank charges a fee of 2% for ATM withdrawals, which is higher than what some other digital banks charge. However, it's worth noting that Bankera does offer a large number of free ATM withdrawals per month, which can help offset the cost.

Features and Services

Bankera offers a range of features and services that are designed to meet the needs of both individuals and businesses. One of the most significant advantages of Bankera is its ability to integrate with other digital services. The bank offers an open API that allows third-party developers to create apps and services that can be used in conjunction with Bankera accounts.
In terms of banking services, Bankera offers both personal and business accounts, as well as a range of payment options. The bank's payment options include SEPA transfers, SWIFT transfers, and payment cards, which can be used both online and in physical stores.

For businesses, Bankera offers a range of services that are designed to make managing finances more accessible. This includes invoicing tools, payment processing, and payroll services. The bank also offers multi-currency accounts, which can be beneficial for businesses that operate in multiple countries.

Security and Privacy

Bankera takes security and privacy seriously and uses a range of measures to ensure that customer data and finances are protected. The bank is regulated by the Lithuanian Central Bank, which requires the bank to meet strict security and data protection standards.
The bank also uses state-of-the-art encryption technology to protect customer data and transactions. This includes two-factor authentication and SSL encryption, which helps to prevent unauthorized access to accounts.

Bankera is also committed to protecting customer privacy and has a strict privacy policy in place. The bank does not share customer data with third parties without their consent, and it takes steps to ensure that customer data is only accessed by authorized personnel.

banner-image
Write review
Rating
Please choose your rating.
Your review

Leave your review about Bankera here. Please note that your feedback may be crucial for the user when choosing a product, so try to avoid inaccuracies and unreasonable criticism.

Your Name
Your Email

Your Email will not be published

User reviews

Here are no reviews yet. Be the first!

Site: bankera.com
Similar companies
TradeSanta is a crypto trading bot, that can be employed for trading with several exchange platforms. TradeSanta is a software used to automate trading strategies. Its interface is based on the cloud. Using this tool, you’ll be able to set up a trading bot within a few minutes. Ready templates are also available.
BitcoinGet is a platform where people are paid in BTC for completing simple tasks such as taking surveys or even for shopping. The website has quite a simplistic design. The platform is accessed without logging in or registration. The only data requested by BitcoinGet is the Bitcoin address for rewards receiving. However, the execution of certain tasks can require registration on the third side platforms as BitcoinGet only aggregates these tasks from other platforms.
ImmuneBytes is a startup providing security solutions in the blockchain sphere. The company's headquarters can be found in Janakpuri, India. The company is capable of conducting penetration tasks and audits of smart contracts. Another service provided by ImmuneBytes is consulting on blockchain security. The company has solid experience in the industry. Among the companies that were audited by the ImmuneBytes security experts, there are such established brands like Uniswap, 0x Protocol, DeCenter, AAVE, Compound, and dydx. Currently, the list of companies that worked with ImmuneBytes contains over 20 blockchain projects.