Type of Bank Accounts

Bank Account Types

1. Basic Account (Free Tier)

   Description: The Basic Account offers essential banking services for individuals needing straightforward financial management tools. This account type provides access to standard banking features with minimal fees.

   Features:

   • Standard checking & savings accounts

   • Free virtual debit card

   • Limited ATM withdrawals (e.g., 1-3 per month)

   • Basic customer support (chat or email)

   • Digital wallet integration (Apple Pay, Google Pay)

   • Basic account alerts (notifications for transactions)

2. Plus Account

   Description: Designed for individuals who require a more comprehensive banking experience, the Plus Account includes all features of the Basic Account along with additional perks and lower fees for standard banking services.

   Features:

   • Enhanced plastic debit card

   • Increased ATM withdrawals (5-10 per month)

   • Crypto wallet integration (viewing and storage, no trading)

   • Low-fee international transfers & currency conversions

   • Customizable account alerts

   • Priority customer support

   • AI-powered budgeting tools

3. Premium Account

   Description: The Premium Account is tailored for high-net-worth individuals seeking comprehensive financial services and exclusive benefits.

   Features:

   • Premium metal debit card with cashback and travel rewards

   • Unlimited ATM withdrawals globally

   • Crypto trading with low fees

   • Personalized financial insights from AI-powered tools

   • Higher transaction limits

   • Travel perks (e.g., no foreign transaction fees)

   • Higher-interest savings & low-fee investment products

   • Dedicated support with personal banking advisors

4. Business Account

   Description: Specifically designed for businesses, from startups to established corporations, offering tailored solutions to help manage and grow financial assets efficiently.

   Features:

   • Multi-user business banking accounts

   • 1 metal card and 25 plastic cards for business use

   • Advanced invoicing and payment solutions

   • Payroll management for employee payments

   • Business loans and lines of credit

   • Real-time expense tracking and reporting tools

   • Automated tax reporting

   • Crypto payments integration

   • Dedicated business support with account managers

Summary

Each POV Digital Banking account type is structured to provide targeted benefits, ensuring that customers, whether individuals or businesses, receive tailored financial solutions to meet their needs. The Basic, Plus, and Premium accounts cater specifically to individual clients with varying levels of engagement and financial activity. At the same time, the Business Account addresses the unique requirements of business operations and growth.