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Glide vs a traditional bank
Choose an account by the currencies you use, how you receive payments, and the protection that applies to your balance.
Where Glide wins
- ✓Most accounts open in about ten minutes.
- ✓Send USD or EUR with the rate and the fee shown before you confirm.
- ✓Wallets and vaults you control; fiat held at regulated partners
Where Traditional bank still wins
- ·Deposit guarantee schemes on eligible fiat deposits
- ·Branch / cash / cheque legacy products
- ·Long credit history products (mortgages, large credit lines)
- ·Local brand recognition for non-crypto counterparties
| Dimension | Glide | Traditional bank |
|---|---|---|
| Hold USD | Global USD account | Depends on the account and country |
| Receive EUR | EUR receiving rails through partners | Depends on supported currencies and receiving details |
| Pay locally | Local payment rails where available | Domestic rails; international options vary |
| Account opening | Most accounts open in about ten minutes. | Timing and required documents vary by institution |
| Rate and fee disclosure | Send USD or EUR with the rate and the fee shown before you confirm. | Check the quote and fee schedule before sending |
| Custody and protection | Wallets and vaults you control; fiat held at regulated partners | Deposit protection depends on the institution and eligible balance |
Hold USD, receive and send Euros, pay like a local in 100+ countries. Most accounts open in about ten minutes. Send USD or EUR with the rate and the fee shown before you confirm.