Moneybase is proud to announce the release of its new Joint Accounts feature, which enables its customers to open a joint account with up to two more Moneybase users.
The account comes with its own IBAN and Mastercard, and the funds in the joint account are held separately from users’ personal accounts. The functionality enables users to make separate transactions using their joint account without having to transfer money from their personal Moneybase account. Joint account holders can also choose to receive their salary or a portion of their income on their joint account.
Individual joint account beneficiaries can order a separate Mastercard, which would be linked to the joint account and which can be ordered through the app itself, to make direct withdrawals from their joint account. Each user can control their card’s security features from their phone to freeze or unfreeze their individual card and customise other transaction settings.
Moneybase Joint Accounts allow users to manage their shared expenses or savings, which can be monitored through the app’s real-time notifications and fully visible transaction history. Moneybase has also made it easy for users to set up their joint account and bypass paperwork and appointments. Moneybase users can simply use the app to contact the customer support team, who will then set up the joint account for the beneficiaries involved.
As a next-generation financial platform, Moneybase provides investments and payments in a single ecosystem backed by local ISO-certified customer support. Customers can send and receive person-to-person payments, as well as make both domestic and international transfers. Users may also opt to receive their salary, pension or stipend directly onto their Moneybase IBAN. Moneybase customers save when travelling or making international payments thanks to the platform’s competitive currency rates and the multicurrency capabilities of the Moneybase card, which may be ordered for free from the app itself.
With Moneybase Invest, users can invest locally on the Malta Stock Exchange or tap into over 40 international markets with over 20,000 stocks, ETFs, bonds and funds through the award-winning platform. The platform also offers fractional shares and extended hours trading, which provide an additional 9.5 hours of US market access.
Moneybase is part of the Calamatta Cuschieri Finance Group. The app may be downloaded from the App Store or Play Store.
