How to open US, UK and Euro bank accounts in Germany

As digital payment solutions compete to connect countries across currencies by simplifying international payments, choosing an option becomes trickier. So, when Monieworld entered the game in April 2025, the platform expectedly made its mark in simplifying remittances from the UK to Nigeria.

Choosing the right cross-border payment platform can be a game-changer for individuals and businesses who deal with multiple currencies, international clients, or subscription-based services. Monieworld, Juicyway, Cleva and Grey are four widely recommended options for global payments.

This article evaluates these popular platforms across key considerations such as account features, virtual card availability, exchange rates, ease of use, transfer reliability, security, and customer support.

Also read: The best international bank accounts for freelancers and remote workers

Grey

Grey is a fintech platform that provides financial services for individuals and businesses globally. It benefits those who need to manage money across borders and in multiple currencies. It offers services like opening foreign currency accounts, sending and receiving international payments, and providing virtual USD debit cards. It makes it easier for users to receive payments from clients overseas, shop on international websites, and manage finances while travelling.

Features:

• Multi-currency virtual accounts: USD, GBP, EUR
• Ideal for freelancers, remote workers, and digital nomads
• Versatile virtual USD cards for global transactions
• Transparent fees with fair exchange rates to local currencies
• Smooth mobile and web interface
• Easy to set up and swift international transfers.
• Regulated by FinCEN (USA) and FinTRAC (Canada)
• Strong KYC/AML enforcement
• Reliable support via live chat and email

Limitations:

• Virtual card is only available in USD

Monieworld

Monieworld is an international payment platform recently introduced by Moniepoint Inc. for UK residents. The solution focuses on facilitating remittances from the UK to Nigeria. It simplifies GBP transfers to Nigeria with quick processing and at a competitive conversion rate. Monieworld offers a transparent fee structure with a user-friendly web interface, allowing straightforward transactions.

Unfortunately, Monieworld is currently restricted to UK-to-Nigeria transactions and doesn’t offer a multi-currency account or conversion to other currencies. It also does not provide a dollar card.

Features:

• Competitive conversion rates
• Transparent fee structure
• User-friendly web interface
• Compliant with UK financial regulations

Limitations:

• Only supports UK to Nigeria transactions
• No multi-currency account
• No USD card available

Juicyway

Juicyway is emerging as a reliable platform for cross-border payments that focuses on connecting Africa with the global economy. The platform is designed to be user-friendly, with a simple app and a streamlined international transaction process. Transactions are processed quickly, and the fees are transparent. Users can set their preferred exchange rate with limit orders, giving them more control over transactions.

Features:

• User-friendly app for cross-border transactions
• Transparent fees and quick processing
• Multi-currency accounts (USD, NGN, CAD, GBP, EUR)
• Supports USD payments through linked US bank accounts
• Offers fiat-to-crypto and crypto-to-fiat conversions using real-time rates
• Seamless and intuitive user experience
• Supports online and offline payments
• Instant currency conversion and fast payouts

Limitations:

• Limited currency support
• No physical dollar card

Cleva

Cleva is a platform that enables African individuals and businesses to receive international payments in US dollars (USD) and manage their USD accounts. It essentially provides a way for Africans to access banking services, specifically in USD, without needing a US residency or a US bank account. The Cleva Card is a virtual USD card designed to facilitate online purchases and subscriptions, providing a convenient way to spend USD without needing physical cards or a traditional US bank account.

Features

• Virtual USD account for holding and managing dollars
• Instant issuance of virtual USD cards suited for online subscriptions and purchases
• Low fees and competitive rates
• Accessible via app and web
• 24/7 account management
• Fast withdrawals to Nigerian bank accounts
• Real-time alerts and encryption

Limitations:

• Only supports USD accounts (no GBP or EUR)
• No support for receiving funds in other currencies
• No physical cards available yet

Also read: Best mobile banking apps for freelancers in Africa

Choosing the best international payment solution

Monieworld, Juicyway, Cleva and Grey are remarkable global payment platforms with transparent fee structures and swift processing. However, choosing the best platform depends on your intended use, whether that’s freelancing, international shopping, studying abroad, or running a global business.

Grey is a robust fintech solution that offers competitive rates, fast withdrawals, and value-added tools like invoicing and a virtual dollar card. Unlike many other popular payment tools, Grey allows users to open USD, GBP, and EUR accounts within minutes and supports exchange across multiple currencies.

Sign up today on Grey to enjoy seamless international payments.

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Owning a US bank account as a non-US resident gives you valuable financial flexibility. Whether you’re managing international business transactions, receiving payments from US clients, avoiding high currency conversion fees, or simply looking to build financial history in the United States, having access to a US bank account can be a smart move.

However, opening a US bank account as a non-resident can be cumbersome and often unsuccessful if you don’t know the proper steps or documents to provide. In this article, we’ll walk you through what you need to open a US bank account at a major bank and introduce you to a more accessible digital alternative for non-residents.

Also read: How non-US Residents can open accounts at Chase, Wells Fargo, and Bank of America

Requirements for opening a US bank account at major banks as a non-US resident

Most traditional US banks, such as Bank of America, Chase, and Wells Fargo, require in-person applications for new accounts, especially for non-residents. These banks typically don’t allow you to open an account online without a US Social Security Number (SSN) or a valid US address. If you’re still determined to open an account at a major bank, you’ll generally need the following:

• Proof of US address: This is often a non-negotiable requirement. Some banks accept lease agreements, recent utility bills, or official mail addressed to you in the United States.
• Proof of foreign address: You may also be required to provide a document showing your residential address in your home country, such as a utility bill or bank statement.
• Valid government-issued ID: A passport is the most widely accepted form of identification. A second form of ID, like a national identity card or foreign driver’s license, may sometimes be required.
• Tax Identification Number (TIN): An Individual Taxpayer Identification Number (ITIN) may be necessary if you don’t have a US Social Security Number. Some banks may accept a foreign tax identification number, but this varies.
• Debit or credit card from your home country: This may be used to verify identity or fund your initial deposit.
• Initial deposit: US banks often require a minimum deposit, ranging from $25 to $500, depending on the institution.

Also read: How to open a Bank of America account as a non-resident (complete guide)

Tips for a smoother application process

Opening a bank account as a non-resident is not impossible, but it requires preparation. Here are some tips to help you navigate the process more effectively:

• Contact the bank directly: Requirements vary by bank and branch. Call ahead or visit the bank’s website to confirm what documents are needed and whether they accept applications from non-residents.
• Be prepared for in-person verification: Most major US banks require you to visit a branch in person to complete the account opening process. Remote applications are rarely approved for non-residents.
• Bring original documents: Copies or scans may not be accepted. Always bring original documents or certified copies when applying in person.
• Consider international or multi-currency accounts: If opening a traditional US bank account proves too complex, consider alternatives such as multi-currency digital wallets or international banking platforms catering to non-residents.

Opening a U.S. bank account as a non-U.S. resident with Grey

If you’re looking for a more accessible alternative, Grey offers a convenient digital solution. With Grey, non-US residents can open virtual U.S. bank accounts online, without needing a US address, SSN, or in-person appointment.

Grey provides virtual bank accounts in USD, GBP, and EUR, making it ideal for freelancers, remote workers, and digital entrepreneurs who receive payments from foreign clients or platforms like PayPal, Amazon, Shopify, and Upwork.

Once you create a Grey account and complete identity verification, you can request a U.S. account that includes your personal account number and routing number.

You can receive USD payments directly into your Grey account and then convert them to your local currency at competitive exchange rates. The funds can be withdrawn to your local bank account or spent using Grey’s virtual USD card.

Here is how non-US citizens can open a US bank account online

International banking made easy with Grey

While opening a US bank account at a traditional bank as a non-resident is possible, it often involves navigating complex requirements and may require a physical presence in the U.S. If you’re not currently based in the US or prefer a simpler alternative, platforms like Grey offer a modern, borderless way to receive and manage your US earnings.

Sign up on Grey today to obtain a US bank account with ease.

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Somewhere in the world right now, there’s a student frantically revising for their exam. After procrastinating over the past few months, they now have 72 hours to learn an entire semester’s worth of content. What’s their plan? Binge-watch a series of crash course TikToks from a witty Indian tutor.

This scenario might sound dramatic, but it happens every day. Indian creators — tutors, dancers, comedians, chefs, fashionistas — are educating and entertaining global audiences through TikTok. The platform has become a powerful space for sharing creativity and making money. And while creators can earn through the TikTok Creator Fund, brand sponsorships, and live gifts, there's a catch: you usually need a UK or US bank account to get paid.

If you're a creator in India, Grey allows you to receive TikTok payments in USD, GBP, or EUR and convert them to INR seamlessly. Here’s everything you need to know.

Also read: How to receive payments from Toptal in India in 2025

How do Indian creators earn money on TikTok?

TikTok has expanded far beyond viral dances and lip-sync videos. It's now a viable income stream for Indian creators across niches. Here are the main ways they get paid:

• TikTok creator fund: This is TikTok’s in-house monetisation programme. Once you meet the eligibility requirements (age, follower count, engagement), you get paid based on the performance of your videos. It is based on views and interactions.
• Brand sponsorships: Companies, both local and international, often reach out to creators to promote their products or services. These deals are usually negotiated off the platform and paid out in USD or GBP.
• Live gifts & tips: During livestreams, fans can send virtual gifts that translate to real money. The more engaging your content, the more support you receive.
• Affiliate links & product sales: Some creators build thriving businesses by promoting their own products or affiliate links, using TikTok as a powerful funnel.

However, all these payment methods typically rely on international payout systems, and that's where the challenges begin.

Also read: Earn from TikTok in Nigeria without a UK bank account

Why can’t you use a regular Indian bank account for TikTok payments?

Here’s the reality: TikTok’s payment processors don’t support direct INR deposits for most monetisation channels. That means Indian creators must link a US, UK, or EU bank account to access their earnings. This comes with several issues:

• Limited access: Most Indians can’t open a traditional foreign bank account unless they’re physically present abroad, or go through a lengthy (and expensive) process.
• High fees: Some workaround services come with painful conversion charges or middlemen that eat into your earnings.
• Delays: International transfers through traditional banks can take days or even weeks to clear.
• Rejected payments: If account details don’t match exactly, payments might bounce and recovering them is often a bureaucratic nightmare.

So what’s the best alternative? Let’s talk about Grey.

How can you earn from TikTok in India without a UK bank account?

Grey is a digital banking platform that gives Indian creators free virtual accounts in USD, GBP, or EUR. This makes it easier to receive international payments like a local.

Here’s how it works:

• Open a free Grey account from India and access a virtual foreign bank account in minutes.
• Link your Grey USD or GBP account to TikTok or share it with brands for sponsorship payouts.
• Convert your earnings to INR inside the app at competitive rates.
• Withdraw your funds to your regular Indian bank account.

You don’t need to jump through hoops, use a VPN, or worry about rejected payments. With Grey, your TikTok income flows just like your content: smoothly.

Also read: How freelancers in India can invoice abroad clients easily

How to set up Grey and start getting paid from TikTok in India

Here’s a step-by-step guide to get started:

Create a Grey account

Visit grey.co or download the Grey app from the App Store or Play Store.

Verify your identity

Upload a valid Indian government-issued ID (like your PAN or Aadhaar card), proof of address, and a selfie for verification.

Open your USD or GBP account

Once verified, you can generate your virtual foreign bank account details instantly — including IBAN/SWIFT codes.

Link to TikTok or brand deals

Enter your Grey USD or GBP account details into the TikTok Creator Fund payout system or share them with brands for direct deposit.

Receive your earnings and convert to INR

When payments land in your Grey account, you can monitor exchange rates and convert your funds to INR with a few taps. Withdraw directly to your Indian bank account.

Why Grey is the best solution for Indian TikTok creators

Still on the fence? Here’s why thousands of remote workers, creators, and freelancers trust Grey:

• Multiple currencies, one account: Hold and manage USD, EUR, and GBP from one app.
• No hidden fees: Transparent pricing with excellent currency conversion rates.
• Fast transfers: Receive and withdraw your money quickly, without the delays of traditional banking.
• Built for global creators: Whether you’re monetising TikTok, YouTube, Upwork, or selling online, Grey works across platforms.

Also read: How to receive money from UK clients in India

Start earning from TikTok with Grey

As TikTok continues to empower creators globally, Indian talent is leading the charge by teaching, entertaining, and inspiring millions. But what’s the point of creating content that pays if the payment system doesn’t work for you?

You just need a phone, your creativity, and the right payment partner.

Create your Grey account now and start earning from TikTok.

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Sending US dollars from the United States to China can be tricky. Traditional banks often charge high transfer fees, use poor exchange rates, or take several days to complete transactions. Additionally, China’s strict currency regulations make some payment routes less effective or unavailable.

Digital payment platforms now provide faster, simpler, and more cost-effective ways to send money abroad. Whether you’re paying freelancers, supporting loved ones, or making cross-border business payments, here are the most reliable and affordable methods to send USD from the USA to China.

Read also: The easiest way to receive international payments as a freelancer

Sending USD from the USA to China

The total cost of sending USD internationally depends on multiple factors: transfer fees, currency conversion margins, delivery speed, and recipient payout options. Many services also include hidden charges, so choosing a platform with transparent pricing and favourable rates is crucial.

Here are the most reliable and cost-effective ways to send USD to China:

1. Grey – Affordable and hassle-free USD transfers to China

Grey offers a seamless way to manage international payments with its multi-currency accounts. Users can create and use USD accounts to send and receive funds globally. If your recipient also uses Grey, sending USD becomes instant without relying on slow or expensive intermediary banks.

Why choose Grey:

• Fast, direct USD transfers
• Transparent pricing and no hidden fees
• Multi-currency wallet (USD, GBP, EUR)
• Virtual USD cards for online payments
• Smooth interface for both web and mobile
• Ideal for freelancers, remote workers, and international clients

If both parties use Grey, this is one of the cheapest and fastest ways to send USD from the USA to China.

Learn how to open a USD account on Grey.

2. Wise

Wise offers low-cost and transparent currency conversion with no hidden markups. You can transfer USD to China, typically through UnionPay-enabled bank accounts, AliPay, and WeChat. However, users might need to convert to CNY first.

3. Remitly

Remitly supports transfers from the USA to China via bank deposits or mobile wallet options to Alipay and WeChat accounts. It offers two modes: Express (fast, with higher fees) and Economy (slower, lower cost). It’s a convenient option for those prioritising flexibility and speed.

4. WorldRemit

WorldRemit provides a secure platform for sending USD to China through bank deposits or mobile wallets. It’s easy to use and supports various currencies and payout options**.** It has a simple interface, multiple delivery methods and competitive fees

5. Western Union – Cash pickup in USD

Western Union is a longstanding player in international money transfers. It’s one of the few platforms that allows recipients in China to collect USD in cash, especially in major cities. However, they charge higher fees and poor exchange rates. It might also be less convenient for people who prefer digital options.

Also read: Fastest way to receive USD freelance payments in China

Affordable international payment with Grey

Grey offers transparent pricing, USD transfers, and a user-friendly experience when sending money from the US to China. You can easily open a USD account, send money to another Grey user in China, or use the platform to manage cross-border payments. With no surprise fees and fast transaction times, it’s one of the most affordable ways to send money globally.

Whether you’re paying for services in China, managing freelance payments, or supporting family, Grey makes the process simple and stress-free.

Sign up on Grey today and enjoy seamless, cost-effective USD transfers from the USA to China.

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India and China are two countries in close proximity. However, this doesn’t necessarily make it easier to send US dollars across their borders. Traditional banks often charge high fees, offer poor exchange rates, and take several days to process USD transactions.

Fortunately, new digital payment platforms have made international money transfers faster, cheaper, and more transparent. Whether you’re paying for goods, supporting a student, or making business payments, this guide outlines the most affordable ways to send USD from India to China.

Also read: How freelancers in India can invoice abroad clients easily

Things to consider before sending USD

Before choosing a transfer method, keep in mind the following:

• Total cost (fees, exchange rate margins, and hidden charges)
• Transfer speed
• Delivery method (bank deposit, digital wallet, etc.)
• Compliance with Indian regulations under FEMA and RBI
• Recipient preferences in China (USD vs CNY)

Sending USD from India to China

Now, let’s explore various options for sending USD from India to China.

1. Grey – The affordable way of sending USD from India to China

Grey is a reputable fintech solution that offers multi-currency wallets, including USD, GBP, and EUR. You can directly deposit Indian rupees (INR) into your Grey account and have it automatically converted to USD at the best exchange rates. Once your USD account is funded, you can send it to the recipient. If the recipient in China also uses Grey, transfers can be done instantly at no cost. Grey remains a cost-effective international payment solution because there are no hidden fees or intermediary bank charges.

You may also like: How to open US, UK and Euro bank accounts in India

2. Wise

Wise is another affordable way to send USD from India to China. The emerging global payment platform allows users to transfer USD from their Wise account in India to a recipient’s USD bank account in China.

3. Payoneer

Payoneer is widely used for B2B and freelancer payments. If you or your business already uses Payoneer, you can transfer USD to another Payoneer user or link it to their bank account in China. It is a business-friendly platform that simplifies USD payments. It works well for service payments, imports, and remote team payrolls. Onboarding can, however, take time for new users.

4. SWIFT

Traditional Indian banks can wire USD to China via the SWIFT network. However, this is usually the most expensive and time-consuming option. It could take up to 5 business days to complete the transactions. It is better recommended for large-volume transactions or if your recipient requires a direct bank-to-bank SWIFT transaction.

Also read: How to get paid by Amazon in India with Grey

Making international payments with Grey

The cheapest way to send USD from India to China depends on how both the sender and recipient manage their money. Grey remains a reliable and affordable international payment option for sending USD from India to China. You can fund your account with INR and convert to USD at the best rates and hassle-free.

Sign up on Grey today to enjoy seamless international transactions.

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Shopify is a global e-commerce platform where anyone can create and manage an online store. It offers product listings, secure payment processing, marketing and customer engagement tools. The platform also supports developers, designers, and affiliate marketers through its Partner Programme by offering earnings for app development, theme creation, store setup services, and referrals.

For merchants and partners, receiving Shopify earnings in foreign currencies like USD, GBP, or EUR can be challenging due to banking restrictions and high conversion fees. Grey solves this problem by offering virtual foreign accounts that allow users to receive international payments as if they had a local bank account abroad. This article explains how to link your Grey account to Shopify’s payout system, powered by Hyperwallet, so you can receive your funds quickly, safely, and at competitive exchange rates.

Also read: How to receive USD payments on PayPal in countries with currency restrictions

Understanding Shopify payouts via Hyperwallet

Shopify has partnered with Hyperwallet to provide flexible payout options for partners and merchants. These include local bank transfers and international wire transfers in various currencies. This collaboration enables you to receive earnings directly into your local or virtual bank accounts without the delays and fees associated with traditional international transfers.

Setting up your Grey account

By following these steps, you can sign up on Grey and receive your multi-currency bank details within minutes.

1. Create a Grey account: Visit Grey’s website or download the mobile app and sign up with your email address.
2. Verify your identity: Complete the KYC process by uploading a valid government-issued ID and a selfie to verify your identity.
3. Request virtual foreign accounts: Once verified, you can request virtual accounts in USD, GBP, or EUR. Each account comes with unique banking details that function just like a local account in the respective country.

Linking Grey to your Shopify partner dashboard

Once you’ve created an account on Grey, you can now link your account to your Shopify partner dashboard.

1. Access payout settings: Log in to your Shopify partner dashboard and go to the ‘Payouts’ section.
2. Add a new payout method: Choose ‘Add Payout Method’ and select the appropriate currency (USD, GBP, or EUR) that matches your Grey virtual account.
3. Enter Grey account details: Input the account number, bank name, and other required details exactly as they appear in your Grey dashboard.
4. Save and confirm: Double-check all entries and confirm. Shopify will now send future payouts to your Grey account.

Shopify also allows you to receive your earnings via PayPal. So, if you integrate your PayPal account with the payment gateway, here is how to withdraw your funds from PayPal.

Receiving and managing your earnings

After linking your Grey account, Shopify will disburse your earnings according to your payout schedule. Once funds arrive:

• Convert funds: With Grey, you can convert your USD, GBP, or EUR earnings to your local currency at competitive exchange rates.
• Withdraw to local bank: Send your converted funds to your local bank account quickly and securely.
• Use Grey’s virtual USD card: If needed, you can also spend directly online using Grey’s virtual USD card. This is useful for paying for subscriptions or international services.

Using Grey with Shopify

With Grey, you no longer have to worry about delays in getting your payout from Shopify or the hassle of withdrawing into your local bank. Grey helps you:

• Receive direct payouts in USD, GBP, or EUR seamlessly.
• Avoid traditional banking delays and intermediary fees.
• Convert foreign currency at better rates.
• Manage all your international earnings from one simple dashboard.

By integrating Grey with your Shopify Partner account, you gain control over how and when you access your hard-earned income.

Sign up on Grey today for a reliable, efficient, cost-effective way to manage your international e-commerce business.

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