I decided to share a short Arival Bank review based on my personal experience running an e-commerce business in Toronto https://arival.com/ When I first signed up six months ago, I was a bit skeptical because they are a digital-only institution. However, my experience has been very positive so far. The main advantage is their smooth online platform. Sending international wires is fast, and they do not charge crazy hidden fees like traditional Canadian banks do. Their compliance process can be a bit demanding during onboarding, but that is actually a good sign because it shows they take security seriously. The only downside is that their customer support can sometimes take a couple of hours to reply if you write to them late at night. Other than that, everything works perfectly. If you are looking for a reliable corporate account for international transactions, they are definitely a solid alternative to traditional banks. It has simplified our bookkeeping and saved us a lot of transaction fees.
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I decided to share a short Arival Bank review based on my personal experience running an e-commerce business in Toronto https://arival.com/ When I first signed up six months ago, I was a bit skeptical because they are a digital-only institution. However, my experience has been very positive so far. The main advantage is their smooth online platform. Sending international wires is fast, and they do not charge crazy hidden fees like traditional Canadian banks do. Their compliance process can be a bit demanding during onboarding, but that is actually a good sign because it shows they take security seriously. The only downside is that their customer support can sometimes take a couple of hours to reply if you write to them late at night. Other than that, everything works perfectly. If you are looking for a reliable corporate account for international transactions, they are definitely a solid alternative to traditional banks. It has simplified our bookkeeping and saved us a lot of transaction fees.