Hi,
I have a company in Bulgaria where I charge clients globally for freelancing work.
I am looking for an online bank (i.e. revolut, wise, etc) where my companies deposits are protected against potential bank failure. Does this exist?
I am struggling to find an online bank that offers this except for traditional banks.
Thank you
Wise and Revolute is very different. Wise does not protect your money and hence should always only be used for small amounts. Revolute does:
https://www.revolut.com/en-DE/legal/deposit-insurance-information/