I think wise may do this
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Seconded - it’s pretty trivial to set up a Wise account; I’ve already moved a small emergency fund there and converted it into euros
Are all conversions done manually, or can it be done automatically? Have you done any kind of direct deposit with your account?
I would advise you to look at their own documentation.
I haven’t linked it to direct deposit.
Thank you. Do you have any experience with them? My initial reaction (not saying it's justified, just what it is) is concern about the fact that they are a fintech that is still relatively new in banking terms. Given the issues other fintechs have had and the general tech bro vibe around them I don't think it's entirely unreasonable to be weary of them, but I also know I can be overly cautious in my thinking with these things.
Regardless, the service appears to be exactly what I was thinking of so I will dig into them.
I created an account with them, but haven't had a chance to use it quite yet, so I don't have any real experience with them as of now.
Yep, I was going to say the same thing. Wise (formerly TransferWise) is a pretty big player in this space.
You get a bank account in each currency you want, and you can do transfers between currencies all within their service.
I use them to move money between USD and EUR for bills, and the service fees are reasonable.
Revolut allow you to have multiple currencies.
https://www.revolut.com/en-US/
It is very popular in the EU has a bankling licence and deposit guarantees.