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EQ Bank
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EQ Bank

medium
Mobile friendly
Dot

Trustpilot Rating

Reviews 20

Great

★★★★★

(3.7)

3.8

Entity type

Online Bank

Client type

Personal/Business

Country

1

Canada

Year

"2016"

Employee Count

501-1000

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Services

Mass PayoutsSafeguarding/Custiodian AccountsSavings AccountSWIFT TransactionsWire Transfer AcceptanceWealth Management
3.8

Total Score

Pricing of the services

3

Social media presence

4

Popularity of the service

3

Onboarding difficulty

4

Support quality

5

About EQ Bank

EQ Bank is a digital bank from Canada founded in 2016. EQ Bank focuses on savings accounts, investments, international payments, and borrowings. EQ Bank offers two the most essential products required for building a sturdy financial foundation: high-Interest Guaranteed Investment Certificates (GIC) and its saving accounts. EQ Bank is powered by Equitable Bank, Canada's Challenger Bank. Equitable has grown to become the country's eighth largest independent bank by providing diversified personal and commercial banking services.

Pricing

Setup Fee

0 CAD

Monthly Maintenance Fee

SEPA Incoming

SEPA Outgoing

SWIFT Incoming

SWIFT Outgoing

3.26-3.91

FX Fee

Currency

  • EUR

    (Euro)

  • USD

    (United States dollar)

  • INR

    (Indian rupee)

  • CAD

    (Canadian dollar)

Trustpilot reviews

OB

Apr 6, 2022

Fashion that is both affordable and…

Fashion that is both affordable and stylish has arrived. There are so many meeting outfits, and mine is the comfiest.

GP

Mar 12, 2022

Bad service

Bad service. No CST to answer my question.

KK

Mar 3, 2022

Yes sir please send rupees

Yes sir please send rupees

TR

Feb 17, 2022

good but need informations

ok, so I went to the site but I didn’t find all the info on the rates. I had to call and even there are procedures. but its a good service

LI

Oct 26, 2021

Scope of Improvement

I do banking with many banks but EQ bank is my favourite one. I have been using it for the last year. I really enjoyed their services and their professionalism. There is a scope for improvement. So. you should work on it. I am in edtech industry and I need some more services. You should consider edtech industry also.

DS

Sep 22, 2021

Nothing but problems

Nothing but problems. Technical issues with basic operations, slow transfers, the platform will log you out of your account frequently - meaning you'll have to restart whatever you were originally doing. Their customer service is severely lacking. Their customer service is the banking equivalent to "did you try turning it on and off again". Banking with them truly is just an overwhelmingly frustrating experience.

VI

Sep 13, 2021

My experience with EQ bank has been…

My experience with EQ bank has been fantastic so far. Savings account with higher interest than their competitor banks. RSP and TFSA account that also allows to buy GIC with higher interest as well. USD Account that gives you a great exchange rate, better than the competitors and interest-earning when saving. Keep it up.

Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.

On this page, you can see a detailed review of EQ Bank Banks with reviews from real users and our experts. EQ Bank provides the following services: Mass Payouts, Safeguarding/Custiodian Accounts, Savings Account, SWIFT Transactions, Wire Transfer Acceptance, Wealth Management.

At the moment, EQ Bank rating on Finscanner is 3.8 and on Trustpilot is 3.7.