BNKA Blog

Borderless money

Clear guides on paperwork, money and security for people who moved from Latin America to Europe. Written by the team that runs the platform.

Borderless moneyAugust 28, 20265 min read

The CBU is the key that lets any institution transfer money to you. What it contains, how it differs from a CVU, and why it never changes.

Borderless moneyAugust 28, 20265 min read

An alias is a readable name pointing to an account. You choose it, which makes it the only one of the three identifiers that can stop being true.

Borderless moneyAugust 28, 20265 min read

A clearing house does not process operations one at a time: it groups them and settles them in batches. That explains why things sometimes arrive…

Borderless moneyAugust 25, 20268 min read

Forms call it SWIFT or BIC and ask for the same field. That code identifies the institution, not your account, and the right one comes in writing…

Borderless moneyAugust 27, 20267 min read

You arrived two weeks ago, you have no NIE, and you need an IBAN to get paid. What works, what does not, and why most verification rejections are…

Borderless moneyAugust 27, 20267 min read

The same word, transfer, describes completely different processes. Understanding which rails your money travels on explains the timings, the costs…

Borderless moneyAugust 27, 20266 min read

A European IBAN is not a bank account, and that distinction explains almost every question about it. What you can do with it, what you cannot, and…

Borderless moneyAugust 27, 20263 min read

The euro has been drawing attention recently due to its movement against major currencies, including the U.S. dollar. While currency markets are…

Borderless moneyAugust 27, 20265 min read

More and more people are working with clients or companies from other countries. Whether as a freelancer, freelancer, digital nomad or just as…

Borderless moneyAugust 27, 20262 min read

Sending money between countries is a daily necessity for many people. But doing so through the traditional system is usually slow, expensive and…

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