App Profile: Aeldra Global Bank

Meet Aeldra – an exclusive U.S. Mobile Bank for the Global Citizen. Open an FDIC-insured full functionality U.S. bank account digitally and manage the account through your mobile from anywhere in the world. Social Security Number is not required. Our services are currently available India and all applicants need is an Indian passport to apply for an Aeldra account. We are expanding to additional countries soon.

Our mission is to provide safe, secure and convenient banking & investment services through a single App to fulfill all your needs. We are currently offering a Student Account and a Premier Account. These are interest-bearing U.S. bank accounts with an global Mastercard debit card.

We will soon offer a Platinum account that our customers can upgrade to, which will enable access to U.S. stocks, ETFs and bonds, as well as a Robo-advisor and exclusive investment opportunities. In addition, we will soon offer a U.S. credit card for customers without a FICO score.
Rigorous compliance with all regulatory and tax requirements is a core commitment of Aeldra.

KEY HIGHLIGHTS

1) SAFETY & SECURITY

● Insured by the FDIC: We partner with Blue Ridge Bank, N.A. an exclusive regulated U.S. bank founded in 1893 to offer our services. Customers’ funds are FDIC-insured and protected up to USD $250,000 per customer. FDIC insurance is backed by the full faith and credit of the United States Government.

● Debit Card Security: Lock and unlock the Aeldra debit card from our App. Feel confident that your debit card will not be misused.

● Mastercard Zero Liability: Have peace of mind knowing that the Aeldra (through its partner Mastercard) won't hold you responsible for “unauthorized transactions.” As a Mastercard cardholder, Zero Liability applies to your purchases made in the store, over the telephone, online, or via a mobile device and ATM transactions.

● Mastercard Identity Check: Mastercard Identity Check leverages the latest authentication standards of EMV® 3-D Secure (replacing 3DS 1.0) to ensure a secure payment experience.

2) UNMATCHED VALUE

● Earn more: Earn up to 20X the interest compared to large U.S. banks.

● Have Control: Get real-time alerts and notifications to make it easy to monitor and manage your account, and feel completely secure.

● Transfer and Spend Easily: Send and receive money through ACH, wire, and P2P channels, pay bills and schedule direct salary deposits from your mobile through our intuitive App. Get delighted by the simplicity and low cost of our money transfers.

● Deposit Checks on Mobile: Deposit checks in the App using your cell-phones camera.

● Enjoy Exceptional Service: 24X7 call center with our Concierges trained to understand your needs and go above & beyond to serve you. Our Platinum customers get a dedicated Concierge for an unmatched experience.

3) TRANSPARENCY AND TRUST

The Aeldra Founders and Senior Executives have more than 2 decades of experience in leading banks and global companies such as Goldman Sachs, ANZ Bank, Ernst & Young, McKinsey & Co. and Booz & Co. They bring deep expertise in regulatory and compliance. Their motivation for starting Aeldra is to make financial services ethical, easy and accessible to everyone, wherever they live in the world.