Aeldra offers its own “Zero Fee” bank account

Mumbai (Maharashtra) [India]July 5th (ANI / NewsVoir): Silicon Valley-based pioneering “digital neobank” Aeldra Financial Inc. is supposed to accommodate Indian students preparing to enter the United States. Offers its own US bank account with Mastercard Global. A debit card that can be opened and operated from India even before students can get an F-1 visa.

Students can top up their accounts and receive debit cards so they can have a working US bank account before they leave for the US. With free accounts, thousands of customers can exchange various bank charges, overseas transaction fees and overseas surcharges, and no longer carry cash with them. In addition, the account pays up to 50 times the interest rate compared to other banks in the USA.

Students do not need to submit a US Social Security number, proof of address, or even a US visa to open an Aeldra bank account. All you need is a valid Indian passport and you can open your digital account within 10 minutes of a simple application and an automated KYC verification process. Instead of waiting for your contactless physical debit card to arrive, you can use your account immediately via mobile banking and make purchases using your virtual debit card.

Created for Indian students, professionals and investors, this account includes 24/7 customer service through a “concierge” who understands the needs of Indian customers.

“For Indian students preparing to start their school year in the US, easy access to money in the new country is a major concern. At Aeldra, we understand and shape their core team’s needs for international students. Aeldra offers students unmatched convenience, a high-tech mobile banking experience, friendly 24/7 support with no USD 1 fee and also sets up a bank account for students. It simplifies the time and complexity of the process. Once all of the banking requirements are clarified before leaving India, you can focus on the more important aspects of your student experience in the United States. “Said Sukeert Shanker, founder and CEO of Aeldra.

Aeldra students can take full advantage of the Global Challenger Bank. Ability to transfer funds from India to your USD account to protect against falling exchange rates Multi-layered information security, fraud prevention, phone fraud protection or more secure in-app messaging service 24/7, understanding India US cross-border Bank Transactions FDIC Guarantee Bank Account Security With Up To $ 250,000 In Deposits Blue Ridge Bank, NA, 128 Year Old US Bank Debit Cards With App Locked / Unlocked Aeldra Financial Inc, founded in 2019, shares bills and rents with friends on the go with free Real-time peer-to-peer payments with no foreign currency surcharge fees to unlock and use cards. A pioneer of digital neobanks based in Silicon Valley. “It democratizes global banking. The world’s first truly global retail banking platform offers limitless banking for anyone who needs it in all regions. In India, Aeldra is based in Bangalore.

Associated with Blue Ridge Bank, NA and Mastercard in the US, the company was founded by three global banking and industry supporters, Sukeert Shanker, Anil Kumar NS and Venkat Gopalakrishnan, who hold senior positions at McKinsey’s Goldman Sachs were. it was done. Cargill and Accenture.

They are also prominent alumni from the University of Chicago Booth, Hanga Roa, the Institute of Management of India, and Dartmouth College. In the first few months of its launch on the corridors in the US and India, Aeldra gained 18,000 customers in 350 cities in India, adding more than 2,000 new customers every week.

The company plans to expand its product offering for HNWI and HNWI customers around the world, including investment, credit card, insurance and personal finance management.

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