Sendwave Pay could be perfect for you. Sendwave Pay is banking designed for Sendwave users. It understands the unique needs of those who call more than one country home. With Sendwave Pay you get benefits like:
Sendwave Pay is still in limited pre-release but given the recent announcement of Passbook’s closing, we’re offering former Passbook account holders access to join Sendwave Pay’s waitlist. We add Sendwave users each week from the waitlist to experience the product.
To be eligible to Sendwave Pay, please create a Sendwave account and enter your information below. If your Sendwave account is eligible for Sendwave Pay, we'll add you to the list.
* Sendwave is a financial technology company and is not a bank. Banking services provided by Piermont Bank; Member FDIC. The Sendwave Visa® Debit Card is issued by Piermont Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.
** You can join waitlist if you meet the eligibility criteria: currently living in the US, in the supported countries listed below, and have completed a money transfer with Sendwave
in foreign exchange rates when you send a money transfer through Sendwave with your Sendwave Pay account from the US to the following countries:
when you send a money transfer through Sendwave with your Sendwave Pay account from the US when you send to the following countries:
Sendwave Pay is a checking account provided by Sendwave in partnership with Piermont Bank, Member FDIC. Like any other checking account, you could save, spend, and send funds within the account.
Sendwave Pay is available for those who reside in the USA, have sent money with Sendwave before, and currently send to our supported countries listed above.
The biggest benefit of Sendwave Pay is that you save on transfers you send with Sendwave. For example, if you regularly send money home to Kenya and create a Sendwave Pay account. You’ll get a better rate every time you use it to fund your transfers home. It’s an account built for immigrants and understands how important being able to send money home affordably is :)
The most up to date information on savings can be found on the Sendwave Pay page (the one you’re on right now :). Scroll up to the discount section to see the current discount.
No, Sendwave Pay is available for free :) There may be charges for ATM usage, chargebacks or overdrafts. But the Sendwave Pay account and debit card are all free.
No, you can deposit funds into your Sendwave Pay account or complete a direct deposit at no cost to you.
Yes, you can swipe your card internationally with no charges :)
Yes! You will get a debit card with your Sendwave Pay account so you can use it just like any other debit card.
Once your account is approved, we’ll send your debit card to the mailing address you included in your application. It usually takes 7-10 business days for your debit card to arrive.
If your debit card has not arrived in 7-10 business days, please reach out to us by calling our number at 1-888-966-8603 (US/Canada) or emailing us at sendwavepaysupport@sendwave.com.
You can withdraw cash from any ATM for a fee. If you would like to withdraw cash for free, we recommend doing cash back after making a purchase at your local store. We do not enable cash deposit for the time being, but we are actively working on adding it.
If you lose your card, it is important to reach out to us quickly to prevent fraud on your account. You can reach us by calling our number at 1-888-966-8603 (US/Canada) or emailing us at sendwavepaysupport@sendwave.com.
If you notice anything suspicious with your account, please reach us by calling our number at 1-888-966-8603 (US/Canada) or emailing us at sendwavepaysupport@sendwave.com.
If you would like to cancel a transaction, please reach us by calling our number at 1-888-966-8603 (US/Canada) or emailing us at sendwavepaysupport@sendwave.com.
You can set up your direct deposit by logging into your employer’s payroll system and changing the bank to Piermont Bank, who Sendwave is partnering with to provide you the bank account. You can do a direct deposit for some or all of your pay. If you have questions, we can help you if you reach us by calling our number at 1-888-966-8603 (US/Canada) or emailing us at sendwavepaysupport@sendwave.com.
Piermont Bank is a trusted bank! It’s fully accredited and you can learn more about Piermont on their website.
Plaid is a program that enables Sendwave Pay to quickly and easily connect directly with bank accounts, without needing to store the account’s information anywhere. This helps keep you and your account secure. Plaid also utilizes industry leading security measures so you can rest easy knowing your data is safe. You can learn more about how Plaid works here and more about their security here.