Arival Bank
arival.comSummary
Arival Bank provides digital banking solutions for global businesses, offering multi-currency accounts and international payment capabilities. It focuses on simplifying complex business banking needs with features like team access, online onboarding, and robust security.
Features9/15
See allMust Have
3 of 5
Transparent Low Fees
Multi-Currency Account
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Borderless Debit Card
Other
6 of 10
Business Account Features
Invoice Creation
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Batch Payments
API Integration
Real-Time Rate Alerts
Spending Analytics
PricingTiered
See allStandard
- Global banking features
- Efficient way to manage business finances
- Required average balance: $25,000
- 5 Teammates
- Application fee: $100-$250
- Onboarding fee: $150-$2,250
- Minimum balance fee: $100
- SWIFT (USD) inbound: $60
- SWIFT (USD) outbound: $70
- SEPA (EUR) inbound: $30
- SEPA (EUR) outbound: $35
- FedWire (US only) inbound: $35
- FedWire (US only) outbound: $40
- ACH (US only) inbound: $35
- ACH (US only) outbound: $40
- FPS (UK only) inbound: $15
- FPS (UK only) outbound: $15
- Enhanced monitoring transaction fees: 0,06% of transaction value
- Transfers within the Arival network: $5
- Bank letter: $100
- Audit request letter: $200
- Transaction confirmation receipt: $75
- Returned transaction: $50
- Additional account fee (per additional account): $100
- Foreign exchange conversion fee: 0,47% of transaction value
- Customer service: Standard
Silver
- Premium enterprise tool, which scales as you deposit
- Wider team, more accounts, premium support and less fees
- Required average balance: $100,000
- 7 Teammates
- Application fee: $100
- Onboarding fee: $400
- Minimum balance fee: $200
- SWIFT (USD) inbound: $30
- SWIFT (USD) outbound: $35
- SEPA (EUR) inbound: $25
- SEPA (EUR) outbound: $30
- FedWire (US only) inbound: $20
- FedWire (US only) outbound: $25
- ACH (US only) inbound: $20
- ACH (US only) outbound: $25
- FPS (UK only) inbound: $12.5
- FPS (UK only) outbound: $12.5
- Enhanced monitoring transaction fees: 0,05% of transaction value
- Transfers within the Arival network: $3
- Bank letter: $100
- Audit request letter: $150
- Transaction confirmation receipt: $75
- Returned transaction: $50
- Additional account fee (per additional account): $100
- Foreign exchange conversion fee: 0,47% of transaction value
- Customer service: Premium
Gold
- Premium enterprise tool, which scales as you deposit
- Wider team, more accounts, premium support and less fees
- Required average balance: $350,000
- 10 Teammates
- Application fee: $100
- Onboarding fee: $250
- Minimum balance fee: $300
- SWIFT (USD) inbound: $30
- SWIFT (USD) outbound: $35
- SEPA (EUR) inbound: $20
- SEPA (EUR) outbound: $25
- FedWire (US only) inbound: $20
- FedWire (US only) outbound: $25
- ACH (US only) inbound: $20
- ACH (US only) outbound: $25
- FPS (UK only) inbound: $10
- FPS (UK only) outbound: $10
- Enhanced monitoring transaction fees: 0,05% of transaction value
- Transfers within the Arival network: $3
- Audit request letter: $100
- Returned transaction: $50
- Additional account fee (per additional account): $100
- Foreign exchange conversion fee: 0,47% of transaction value
- Customer service: Premium
- Dedicated account manager: Yes
Platinum
- Premium enterprise tool, which scales as you deposit
- Wider team, more accounts, premium support and less fees
- Required average balance: $1,000,000
- Unlimited Teammates
- Application fee: $100
- Onboarding fee: $150
- Minimum balance fee: $450
- SWIFT (USD) inbound: $30
- SWIFT (USD) outbound: $35
- SEPA (EUR) inbound: $15
- SEPA (EUR) outbound: $20
- FedWire (US only) inbound: $20
- FedWire (US only) outbound: $25
- ACH (US only) inbound: $20
- ACH (US only) outbound: $25
- FPS (UK only) inbound: $7.5
- FPS (UK only) outbound: $7.5
- Enhanced monitoring transaction fees: 0,04% of transaction value
- Transfers within the Arival network: $3
- Returned transaction: $0
- Additional account fee (per additional account): $100
- Foreign exchange conversion fee: 0,47% of transaction value
- Customer service: Premium
- Dedicated account manager: Yes
Rationale
Arival Bank offers digital banking services for global businesses, including multi-currency accounts and international payments. While it emphasizes transparent fees and global reach, it does not explicitly mention mid-market exchange rates or a borderless debit card. It does, however, offer many 'other' features like business account features, invoicing, mobile app, regulatory compliance, multi-user access, and customer support.
