Higlobe

Higlobe provides a global account that lets users receive US dollar payments from the United States and the European Union and withdraw them to a local bank account. The account is offered free of charge, with withdrawals priced at a flat $1.99 USD per transaction, no transaction commissions, no minimums and no cap on transfer volume, available around the clock. The company advertises a lowest-cost guarantee, stating that recipients obtain more Mexican pesos per dollar than with alternative services.

Beyond transfers, the account includes a Higlobe Earn feature paying a 3% annual rate that accrues daily and is paid weekly, a Visa Signature card for local and international spending with travel benefits and concierge services, payment-request functionality for billing counterparties anywhere in the world, and integrations that let users connect the account to platforms and marketplaces so earnings are deposited directly. Higlobe states that it is audited against security and privacy standards used by banks, publishes an audit report, and offers a $10,000 loss guarantee and human customer support.

Business model

Higlobe operates a free-to-open global USD account and charges a flat $1.99 USD fee per withdrawal to a local bank account, with no per-transaction commissions, minimums or volume limits.

Per-withdrawal flat fee of $1.99 USD; the company states there are no transaction fees and guarantees the lowest cost on transfers.

Latest developments

The account, initially created for professionals and businesses, has been opened to all users, and the product now bundles the Higlobe Earn 3% annual yield and a Visa Signature card alongside transfers.