Hello, everyone! Welcome back to the month in a review, as it is time to take a look back at July and what was going on during the month. Let’s see, what topics we have covered during the second month of summer! Transfers, transfers, transfers!  Money transfers are a focal point for many people when it comes to financial services. And no wonder! The ability to send and receive funds quickly and securely is crucial.  That is why our team continued to explore different ways you can transfer funds. And now, when browsing Genome’s blog, you can find out how to

After Covid-19 outbreaks and the following lockdowns, most businesses had to shift to and focus more on e-commerce. Undoubtedly, it was not the only reason for moving most of the sales online. During the past decade, the tendency for purchasing and buying all goods and services online has been only increasing. As most stores (except for the grocery ones) were closed all over the world during lockdowns, it only resulted in a push for all the companies to concentrate on online orders and sales, accordingly.  Every business that operates online needs an efficient payment system. The question is: how do

We’ve all been in situations where we need to share expenses: with friends, family members, partners, etc. Doesn’t matter if it’s paying bills with your flatmates or saving up with the loved ones for holidays or some large purchases like a car or real estate. Here joint bank accounts come in handy. Join us at Genome today and let’s take a closer look at how they work and what are the risks of opening and managing such an account. How joint bank accounts work These are special accounts in the name of 2 and more users. They work like regular

The SEPA network has been in place for more than 10 years now. And, what’s more, it has been working perfectly well. Due to globalization and the Internet, the world does not seem so huge now. The same goes for transactions: everybody needs to know what the best payment options are there.  That’s why today we’re talking about SEPA transfers in our blog post. We will cover everything connected to this topic step by step: types of SEPA payments, charges, timeframes, and how to use Genome to send them. No worries, you won’t get lost. We’ve prepared detailed but concise

Once you need money urgently, there’s not much time to think about the best way to get it. No wonder that people often make hasty and costly decisions. That’s why we prepared today’s Genome blog post to tell you all about balance transfers and money transfers so that you can send money between your credit cards and bank accounts safely and with low charges. What is a balance transfer? A balance transfer is moving funds between different credit cards. The reason is the different interest rates on each card. If you send money to a credit card with a lower

Imagine you need some funds urgently. A bank loan can take too long, and borrowing from friends or family members is not an option. What are you gonna do? There’s a solution: transfer money to your bank account from a credit card. It’s not the most popular decision, but it can save you for some time. Is there anything you need to know before making a credit card payment to your account? Yes, there are a few important things to be aware of, and Genome‘s team is gonna talk about them further. Credit card vs money transfer credit card First

PayPal is a popular tool that is widely used both as a payment method by millions of people every day. You can send money in different currencies, pay for subscriptions, and even withdraw cash from your account. However, it’s not as simple as it seems at first sight. If you want to move funds from PayPal directly to your bank account, there are a few ways to do so. We will talk about them in this article and provide all the necessary details.  Different ways to transfer money from PayPal to a bank account Even though you can use a

The article has been updated on 28.08.2024 Depending on the type of your bank account, the range of services you receive will vary. Yes, different accounts come with various pricing, offers, and, of course, functionality.  In this Genome article, we will dwell on the particularities of current accounts. We will answer the “what is a current account” question, their benefits, how they differ from savings accounts, and many more things you should consider before deciding how and where to do your banking.  What is a current account? So, what is a current account? A current account is a no-interest basic

Mobile banking is a simple and easy-to-navigate service that has become an inevitable part of our everyday life. No matter whether you’re a student or a senior, mobile banking applications take our financial experience to a whole new level. Fast, user-friendly, and convenient – all these adjectives are about banking apps on our smartphones. But how safe is mobile banking? Just like with most digital technologies, mobile banking is a powerful tool that uses sensitive information. In this case, it has to do with finances. Unfortunately, similarly to mobile financial technologies, hackers’ attacks are also evolving and developing with time. 

The time has come again! That’s right, we are doing another “month in review” blog, where we talk about the latest updates in regards to Genome. Without further ado, let’s see what new exciting things our team has in stock for you this June! Exploring the standing orders It has already become a good tradition of ours – we educate people and businesses on different aspects of financial services and explain their benefits. This month we were extensively talking about standing orders. If you didn’t know, a standing order is a type of recurring payment that is sent automatically to