By Editorial Team 
nSave is a multicurrency digital account, like Wise, that allows receiving payments from clients in USD, GBP, and Euro. It allows easy conversion and transfer to Pakistani banks in PKR at lowest fee.
5 reasons to choose nSave for International Business Payments
Get Personalised Account Details and IBAN
nSave offers accounts in USD, GBP, and Euro. Users get accounts in their name with sort code, account number, IBAN, and other necessary details. These details can be shared with customers and clients who can easily transfer money to account in their currency.
Zero-fee on incoming transfers
nSave has zero fee for incoming transfers on any currency. You are not charged when a client makes payment to your nSave account in USD, GBP, or Euro. It reduces the cost of receiving transfers from other clients in multicurrency account.
Fast transfers to Pakistani Bank accounts
nSave takes a time of ten minutes for processing foreign currency payments and sending them to Pakistani account in PKR. Users also reported completion of transfers in 1-5 minutes. It makes nSave one of the fastest ways for converting and transferring money to PKR accounts in Pakistani banks.
Low Fee on PKR transfers
nSave does not charge fee on PKR transfers in percentage like other service providers. For GBP, it has a fixed charge of £0.50 per transaction irrespective of the amount of transaction. It allows transferring foreign currency to PKR account in a fast and economic way.
Invest in Shariah Compliant investment options
nSave also allows to invest in several funds in multiple currencies that are Shariah Compliant and offer Halal returns to investors. Investors can invest even $1 taking the benefit of micro-investing facility offered by nSave. The app allows investment in stocks, ETFs, gold indices, and bonds.
How to open account in nSave?
How to open account in nSave?
The process of opening individual account in nSave is simple.
- Download the nSave application from Google Play store for Android and Apple store for iOS users.
- Sign up using email or Pakistani phone number.
- Verify the email or phone number through the verification code sent by the app.
- Upload the CNIC/Passport for identity verification.
- Upload Bank statement/utility bill for address verification.
The app takes around one working day to complete the verification process. Once the verification is complete, USD account is available by default. The first transaction in the USD account should be in USD through a USD currency account. Once the transaction is complete, the account is ready for use. Users can also request to open GBP and Euro account that is opened within few minutes from the dashboard.
How to download nSave application in Pakistan?
nSave can be downloaded from Google Playstore or Apple Store using the following links.
Google Playstore: https://play.google.com/store/apps/details?id=com.nsave.app&pcampaignid=web_share
Apple Store: https://apps.apple.com/us/app/nsave-global-usd-accounts/id6471736519
Is nSave available on web for Desktop?
nSave is available on web as a Desktop application. However, for personal and individual accounts, most of functions are managed through the app. nSave allows managing crypto payments and business accounts through the web-based desktop portal.
Does nSave multi-currency account allows receiving business payments in Pakistan?
nSave allows receiving business payments in Pakistan in USD, GBP, and Euro. The purpose of nSave is to assist Pakistani freelancers and remote workers in receiving business payments in foreign currencies and easily transferring them to Pakistani bank accounts in PKR. There is no need to provide false information and claiming business-related payments as personal remittance when using nSave. For certain transactions, nSave may ask documents like emails, contracts, or invoices to verify payments as legitimate transactions.
Is nSave an international bank?
nSave is not an international bank. It is an electronic platform for sending and receiving payments. However, it is a regulated platform which operates several regulated Electronic Money Institutions (EMIs).
Customer Support
nSave has an automated customer support. Users can reach customer support representatives through Support Hub available in the app. It allows sending messages and attachments in the form of images or documents. Tickets are resolved usually within a period of twelve hours in working days. Compliance check is strict in initial few transactions to monitor and evaluate the legitimacy of transactions. After this, compliance check does not ask for verification of every transaction and transfers are smooth.