Genome.eu review.

[diatessaron]

Quick review for future reference as there's almost no information on them here in the forum.

Account creation was quick and easy. Got approved in 20 minutes.
Limits were low, 1k EUR a year. Made an appeal and got that increased to 10k a year. Will do another one and hopefully take it to 50k a month.
They support FPS for GBP payments and SEPA Credit Transfer for EUR.
LT IBAN.
App can be better. Web access pretty good, would like them to support OTP 2FA instead of sending those OTP's to my number.
Will update after I make my first transfers.

 

[I'mRobot]

You mean you can only get 10K to the account? please explain what is this 10K a year?

 

[polonieth]

What's the use case vs Wise, Revolut, Bankera etc?

 

[diatessaron]

You mean you can only get 10K to the account? please explain what is this 10K a year?

10k limit. Once you deposit 10k and get it out that's it. You have to wait 1 year to deposit another 10k.

What's the use case vs Wise, Revolut, Bankera etc?

I was told they don't annoy you as much as the above.

 

[lonizzita]

I don't recommend Genome! They closed my personal account after 1 month. I had requested to raise the limits and they decided directly to close it, be careful

 

[diatessaron]

Update on this:

Can easily increase limits to 10k a month.
Wise won't let you send to Genome.
Now you can only fund GBP account with a card.

 

[Buratino]

I have corporate accounts there
looks not bad
more or less adequate compliance, payments are not made quickly (usually the next day), in general, with a small turnover, you can use it. Works only with SEPA payments