T Bank review

The savings deposit pays 4.5% and the rate type is variable, so the figure can move with the bank's pricing rather than being locked for a term. The account is easy-access, so money can come out whenever you need it. The savings median on the site is 3.08%, which puts the quoted rate above the middle of the table.

Yes. The account places no restriction on the amount you deposit or withdraw, and there is no restriction on the maximum balance. The account kind is easy-access, so withdrawals are not tied to a notice period or a fixed term. Interest comes from the variable rate of 4.5% rather than from a locked deal.

The debit card includes free ATM withdrawals with an allowance of BTN 5. Free ATM access sits among the account's listed features, and the allowance applies to the card rather than to the savings balance itself. Across the site, 52.9% of the brands compared also advertise free ATM access, so it is a common perk rather than a rare extra.

Outward telegraphic transfers and SWIFT payments are charged on a stepped schedule that rises with the amount sent, with a minimum and a maximum charge in each band, and SWIFT adds a transmission charge. Inward telegraphic transfers and SWIFT remittances are free of charge. Payouts reach a bank account, since bank is the payout method listed.

T Bank Ltd is a licensed commercial bank in Bhutan, where its headquarters sit, and it has operated since 2010. A commercial bank holds your money as a deposit rather than as a prepaid balance. What any deposit protection scheme would cover here, and up to what level, is worth confirming with the bank before you rely on the balance.

The bank lists 12 currencies for exchange, and its currency conversion fee is 1.5%. That sits above the median conversion fee of 0.5% across the savings accounts on the site, so currency exchange is where the cost lies. The fee is quoted alongside the card services, so confirm which card it applies to before you budget for it.

Support runs on email, phone and help centre, so you can reach T Bank by phone, by email, in live chat or through the help centre, and those are the only channels listed. Across the savings accounts compared, phone support appears on 82.6% and a help centre on 76.7%, so a call is a sensible first step when a transfer goes wrong.