DiPocket review

Conversion costs 0.5%, which matches the site median of 0.5% and sits above the everyday accounts median of 0.22%. Movement between your own accounts is often the cheaper route, since transfers between DiPocket customers are free and a same-currency sub-account transfer costs nothing.

DiPocket is an e-money provider, licensed by the Bank of Lithuania in Lithuania and registered as PSD_EMI 305599375. The legal entity behind the service is DiPocket, UAB, and balances are covered by EU DGS up to EUR 100,000. It also holds authorisation from the Financial Conduct Authority in the UK under 900439.

Transfers between DiPocket customers are free, and a same-currency sub-account transfer costs nothing. A cross-currency sub-account transfer is charged at 0.5%, so the currency you hold in each sub-account matters for what moving money costs you.

Delivery runs 1-3 working days according to the provider. That makes it a reasonable fit for supplier and payroll payments where a short delay is acceptable, but less suited to same-day needs.

Payouts are available through bank, cash pickup and wallet. Paying a supplier or staff member by bank transfer is the simplest route, while card, wallet and cash pickup cover cases where the recipient is elsewhere.

You get iban for receiving payments, which covers the euro area and other places that pay by IBAN. Local details cover 73.8% of the accounts compared here, so it is the common setup rather than the exception.

Support runs on email, phone and help centre, so you can reach a person by phone or email, or use the help centre for routine questions. A help centre is available on 86.1% of compared accounts and phone support on 79.5%.

It is aimed at business users, and business is the audience for 56.5% of compared accounts, ahead of expats at 25.1%. The account is built around business money movement, with a licence type of e money and euro area payment details.