Working as a freelancer is an experience like no other. For one, you are not bound to one company and workspace and free to choose the task that suits you better. But, on the other hand, you still need to pay a lot of attention to your income flows and ensure it’s secure at all times. To keep your finances in check, you may consider opening a bank account for freelancers. And here’s where Genome’s team comes to help! In this article, we will list what things you need to take into account when choosing the best business bank account

Article was last updated on May 8th, 2024 Money transfers are one of the first features you look for when choosing a financial provider. So, it was crucial for our team at Genome to design and offer you the most essential and convenient options for sending funds.  Let’s go over our money-transferring services and answer your questions about our features. Where to find Genome’s transfers? You can access all Genome’s transfer options from the main dashboard. If you use the web version, the Transfers section will be in the left-side menu. And for the app users, the Transfers section is

If you are starting a company, chances are the thought of opening a business account must have crossed your mind at least once. But what if your business is a small one, and you aren’t exactly sure what you need? Well, Genome has all the answers! In this article, we will explain what a small business bank account is and what attributes the best bank for small businesses must possess.  What are business accounts for small businesses? When it comes to financial services for small businesses, a business account is the first thing you will need. On the surface, it

Security is the backbone of all financial institutions, including internet banking, and they have to constantly update their safety features to keep up with existing threats of today. But people should also remember that security is a two-way street, so they also need to be proactive in making sure their funds are safe. Genome is here to explain how to keep your bank account safe online and how safe digital banking is.  Digital banking and banking apps: what are all of these? Before answering the “How safe is online banking” question, let’s first understand what it is.  First and foremost,

The Autumn is over, but the updates from Genome’s team can’t be stopped! That’s right, we come right back at you with a blog on what’s new at Genome. Please read on to find out! New transfer limits for Genome’s accounts If you didn’t know, we at Genome have different levels of account limits for transfers you make and receive. It means you cannot send or receive more money than your limit dictates within a certain period. You can read all about how our account transfer limits work in this article.  Recently, our team has increased the sum of funds

Money transfers are integral to any person that uses the financial services of banks or payment service providers.  It is no wonder that there are many types of transfers, such as ACH or wire payments. So, our team at Genome decided – why not explain what ACH and wire transfers are and the difference between wire transfers and ACH? Let’s get to the bottom of this right away! What you need to know about the ACH bank transfer The ACH money transfer is an electronic payment method made with the help of the Automated Clearing House network. This way, the

Not so long ago, the Genome team published a blog dedicated to our virtual and physical cards and contactless payment features. And, as promised, it’s time for part two of the topic. This time, we will focus more on the card features within Genome. Learn what you can do with your cards in this blog.  Card activation Now, before using the card’s services, note that your virtual card is activated within 5 minutes after you order it. The same applies to your physical card if you want to use it for online payments. To activate your physical card for contactless

Please note that Genome’s merchant services have been temporarily unavailable since September 2024. For many, their financial journey starts when they open a bank account – a gateway to multiple banking services. However, today we witness an abundance of banks and fintech companies, which is overwhelming for some when picking a new bank or financial provider.  Thus, some people need guidance when they choose a bank for the first time. And Genome is here to help! Our team is here to explain how to select a bank account depending on your needs, the types of accounts, and what features are

When you sell products and services, you need to know your client base. It includes research on what payment methods they prefer. And, as it is an extensive topic, we will get to it country by country. So today, Genome takes a look at the most used payment methods in Germany so merchants know what to expect from their customers in this market.  What is a payment method? Before discussing the popular payment methods in Germany, let’s first dissect the term.  It is a payment option a client chooses to purchase goods or services either in-person or online. There are

One of the main goals of Genome’s team is to make financial services as accessible and user-friendly as possible. And we commit to this goal completely.  That’s why you are now reading this article, as we wanted to clarify some of the questions you might have regarding our cards. This topic is actually pretty vast, and we will break it into several parts. So be on the lookout for part two pretty soon! How to order Genome cards? Genome provides virtual and physical debit Visa cards for personal and business wallet owners. Virtual cards can be used for online and