¿MB Way funciona internacionalmente?

MB Way Beyond Borders: Sending Money Internationally (With a Catch)

MB Way, Portugal’s popular mobile payment app, offers a convenient way to transfer money, pay for purchases, and even split bills with friends. But what happens when you need to send money to someone outside of Portugal? The answer is a qualified “yes,” MB Way can be used internationally, but with a crucial limitation.

The International Transfer Caveat:

Unlike some international money transfer services that allow you to send money to anyone with a bank account in a participating country, MB Way’s international functionality is restricted. You can only send money to recipients who are already registered with MB Way. This means the recipient must have a Portuguese bank account and be actively using the MB Way app.

Think of it as an exclusive club for MB Way users. If your friend living in Spain or France doesn’t have an MB Way account tied to a Portuguese bank account, you won’t be able to send them money directly through the app.

The ActivoBank Advantage:

If you’re an ActivoBank customer, you might be in luck. ActivoBank offers fee-free transactions within the MB Way ecosystem. This can be a significant benefit, especially if you frequently send money to other MB Way users, whether they are in Portugal or abroad (and, again, already registered with MB Way). This advantage makes MB Way a particularly attractive option for ActivoBank customers with family or friends who also use the service.

Important Considerations & Language:

Before relying on MB Way for international transfers, it’s crucial to be aware of potential limitations and the availability of information.

• Registration Requirement: As mentioned, the recipient must be a registered MB Way user with a Portuguese bank account.
• Exchange Rates & Fees: While ActivoBank customers might avoid transaction fees, be sure to investigate the prevailing exchange rates offered by MB Way. These rates can impact the overall cost of the transfer. Compare them to other international money transfer services to ensure you’re getting the best deal.
• Language Barrier: It’s essential to understand that not all legal documents and terms of service are available in languages other than Portuguese. For complete clarity and to ensure you fully understand the terms and conditions, especially regarding international transfers, consult the Portuguese version of the relevant documentation. This is particularly important if you’re unfamiliar with Portuguese law and regulations.

Conclusion:

MB Way offers a convenient solution for sending money internationally, but only within its own user base. If you need to send money to someone without a Portuguese bank account and MB Way registration, you’ll need to explore alternative international money transfer services. However, for existing MB Way users, especially those affiliated with ActivoBank, it can be a cost-effective and efficient option. Just remember to check the exchange rates, understand the terms and conditions (preferably in Portuguese), and confirm that your recipient is already part of the MB Way community.