The Nomad checking account is a U.S. account opened in partnership with Evolve Bank & Trust - a member of FDIC. With this partnership, the funds in your account are insured for up to $250,000 in U.S. dollars.
Nomad doesn't charge account opening fees or account maintenance fees. When you download the Nomad app and complete your registration, your checking account is opened within 1 business day. If additional information is needed to verify your identity, it may take a few days more. Find out more about the Registration Process by clicking here.
Nomad may charge fees for certain account features. Please check the full fees table here.
With a Nomad account, you can make exchange transactions, receive and send transfers, have a virtual debit card, and much more!