Nomo Bank for UAE Residents is finally here



Its great bank as i saw a lot of reviews on them and they are clearly saying they are for big amount of transactions 2

But as they are UK based they are under CRS
 
its been 20 days, i requested a swift transfer, and my funds are on hold, they asked for complete money trail, which i provided, even then their department keeps giving boiler plate excuses, not recommeneded at all, for BIG amounts such as more than 20k usd.
 
Reactions: JohnLocke and jafo

20k is not big

If they cant handle this then they are in real problem

And they advertise as they are for big amount money bank for buying houses and investments
 
Its Kuwaiti Bank that its belong to Boubyan bank

But they made Nomo in UK to use the UK license to serve worldwide customers due to the flexibility of the registrations there

Same as Wise which UK and same as Revolut which is Russian origin bank
Wise and Revolut offer their services to customers in regions where they are registered, that's what my post was about. Not their origins.

Serve worldwide customers? They are only available in 2 countries.
 
Has anyone done transactions on more than 20kUSD / mo at NOMO bank, kindly share your experience.
Is it still not processed?