Send money abroad without a bank

Using Freebnk's worldwide transfer tools, this step-by-step guide shows how to send money overseas whether your payment is to remote workers, family, or friends abroad.

The Rise of the Virtual Account

In today’s fast-moving world of digital currencies, remote work, and global commerce, traditional banking systems are falling behind. That’s why more people (especially freelancers, digital nomads, and remote teams) are switching to virtual accounts to manage their finances across borders without friction. But what exactly is a virtual account? And why is everyone suddenly talking about it? Let’s break it down.

Opening a Virtual Account Using IBAN

Opening a bank account used to be an arduous process full of paperwork and long waits. But thanks to digital banking and crypto-friendly platforms like Freebnk, you can now open a virtual account with international account details in just a few minutes—right from your phone.