Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie settingsCookie policy

Zinli review

Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Zinli suits people moving money in or out of Panama who want a fee-free digital account and quick payouts. The monthly fee is $0 and transfers between Zinli accounts cost $0, though 1 supported currency is the catch for anyone holding several balances.

Key facts

Best for
Expats and business owners in Panama who need a fee-free digital account and cheap local payouts.
Monthly fee
$0↗
Currencies
1↗
Free ATM withdrawals
$0↗
Transfer fee
Zinli to Zinli free; ACH Xpress to Panamanian banks USD 0.40 per transfer plus 1% when sent from another country; 2.5% (min USD 2) to send dollars to a credit or debit card↗
Legal entity
MFTECH S.A.↗
Headquarters
Panama↗
Founded
2020↗
Support channels
Chat, Email, Help-centre↗
Audience
Expats, Business, Teens
Pricing model
No monthly fee
Features
Digital-only
Official website
zinli.com

Money transfer

Delivery time
Instant↗
Payout methods
Bank, Cash-pickup, Wallet, Card↗
Fee to send 1,000
$0↗

Facts checked September 26, 2026, 3 sources

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
LinkedInXfacebook.com

Pros and cons

Pros

  • Monthly fee of $0 and a transfer fee of $0 on Zinli to Zinli payments
  • Payouts cover bank, cash pickup and wallet with Instant delivery
  • Support runs on chat, email and help centre
  • Zinli serves expats, business and teen

Cons

  • A single currency, 1, sits well under the site median of 5
  • The service is digital only, so there is no branch to visit
  • Support runs on chat, email and help centre only, with no phone line among the options
Zinli

Ready to try Zinli?

Scored 8.7 / 10 by VaultCue.

See alternatives

Who it suits

  • Expats in Panama who receive money from elsewhere and pass it on
  • Business owners paying staff and suppliers locally through bank payouts
  • Teen account holders opening a first digital account

Who should look elsewhere

  • PayPal Colombia, if you hold several currencies, since it covers 24 against 1 here
  • Plazo ES, if you want euro costs rather than the single currency Zinli covers, with a monthly fee of €0
  • Skrill, if you would rather hold a wallet balance, since its monthly fee of €0 is free as well

Where it sits among rivals

Zinli ranks 1 of 500 brands on monthly fee, so a free account is common on this list rather than an exception. On currency coverage it sits much lower at 338 out of 379 brands, which is where rivals with wider currency ranges pull ahead.

Who runs it

Zinli is run by MFTECH S.A., registered in Panama and supervised by the Superintendencia de Bancos de Panama (SBP). The company was founded in 2020. Customer queries go through chat, email and help centre, so a help centre, email and live chat carry most of the load.

How Zinli compares

Where Zinli is available

Available
Colombia, Panama, Venezuela
Licence in Panama
Superintendencia de Bancos de Panama (SBP), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to keep a Zinli account?+

The monthly fee is $0, and moving money between Zinli accounts costs a transfer fee of $0. Sending dollars to a credit or debit card is charged at a percentage of the amount, with a minimum charge, and transfers sent from another country add a further percentage.

Is my money protected?+

Zinli operates under the Superintendencia de Bancos de Panama (SBP), the Panamanian regulator on record. The account is held with MFTECH S.A., registered in Panama, and the company was founded in 2020. Read the licence terms for your own balance rather than assuming a protection scheme applies.

How do I get money out?+

You can pay out to bank, cash pickup and wallet. Delivery is Instant on Zinli's own transfers, payouts to Panamanian banks by ACH Xpress carry a flat charge plus a percentage when sent from another country, and card payouts carry a percentage with a minimum charge.

How many currencies can I hold?+

1 currency is supported, against a site median of 5. Holding a range of currencies in one account is not part of this offer, so anyone who needs several balances side by side should compare accounts with wider coverage.

Can I use it in a branch or by phone?+

The service is digital only, so everything is handled in the app rather than in a branch. Support runs on chat, email and help centre, which means chat, email and a help centre, and a phone line is not among the options.

Who is Zinli built for?+

Zinli lists expats, business and teen as its audiences. Expats who receive money from abroad and business owners paying local suppliers in Panama are the clearest fits, and payouts to bank, cash pickup and wallet cover how that money leaves the account.

How fast do transfers arrive?+

Zinli states delivery as Instant for its own transfers, so passing money between Zinli users involves no waiting. The monthly fee stays at $0 whatever the route, and speed matters most for payroll and family support.

What does the free ATM allowance include?+

The free ATM allowance is $0, so no cash withdrawals come as part of the account. Anyone who needs cash regularly should price that separately, since the account is digital only and the app is the only channel.

Sources

  • superbancos.gob.pa/otros-sujetos/medios-pago checked September 26, 2026

    Backs: Licences

  • zinli.com checked September 26, 2026

    Backs: Headquarters, Legal entity

  • zinli.com/preguntas-frecuentes checked September 26, 2026

    Backs: Free ATM withdrawals, Audience, Currencies, Delivery time, Features, Pricing model, Monthly fee, Payout methods, Support channels, Transfer fee, Fee to send 1,000

    “The cost for withdrawals under USD $30 is USD $1.5 and over USD $30 it is 5% on the amount withdrawn”

  • zinli.com/quienes-somos checked September 26, 2026

    Backs: Founded

    “We were born in Panama in 2020 to transform financial services”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Licence type, Deposit protection, Currency conversion fee.

Zinli

Zinli

Expats and business owners in Panama who need a fee-free digital account and cheap local payouts.

8.7/10See alternatives