Here are some of the advantages of opening a spending account with Nomad:
- No opening fee;
- No yearly or monthly fees;
- Virtual and physical cards;
- Exchange your money from Brazilian reals to U.S. dollars at a commercial rate instead of paying the tourism rate. All on the app;
- Receive ACH and WIRE transfers, domestic or international, directly into your account;
- Send transfers to other Nomad checking accounts instantly and at no cost;
- Send transfers to other U.S.-based accounts, whether individual or business, via Wire;
- You can also apply for a U.S.-based investment account;
- No inactivity fees.
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