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Never worry about your money again
Fraud & Account Protection
Parallax complies with strict standards to protect accounts from fraud.
Human, World-Class Customer Support
Parallax provides responsive, human support that’s always there when needed, as we’ve experienced firsthand at Enterocity.
Create Your Account, Securely
They verify every identity securely, ensuring safety for all users.
MFA and security
Parallax secures accounts with MFA and encryption, keeping funds protected.
Global from Day One
They support remote workers and freelancers worldwide, from Asia to LatAm. Learn more here.
Alright, But Why Parallax?
We get it—there are tons of options out there for managing your money. So why Parallax? Because it’s not just another app; it’s a smarter, faster, and safer way to handle your finances. Here’s why we love it:
Global Reach: Send money anywhere with competitive rates that won’t break the bank.
Built for Humans: A sleek, intuitive design that makes managing finances stress-free.
Instant Transfers: Your money, where you need it, when you need it.
No Hidden Fees: Every transaction is transparent, just the way it should be.
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Do you have any deposit or withdrawal limits? How do I raise my limits?We do not have any deposit limits! We do have a default monthly withdrawal limit of $5000. However, we understand you may be earning money (which we love!) so there's a straightforward process for raising limits. Learn more about raising limits and other individual account withdrawal limits here.
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What are your fees?We currently have no fees for receiving deposits. We keep very competitive exchange rates (equal to or sometimes better than when you search it on Google, Wise, or Payoneer!) We don’t currently charge markups on these exchange rates. Fees and exchange rates will always show transparently as part of a transaction, unlike other applications. We have only one transfer fee, which you will transparently see for every transaction—no extra hidden conversion fees. Our goal is to reduce these over time, until fees are near zero!
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What are the requirements to open a Parallax account?For freelancers or remote workers, we need basic information such as your legal first and last names, date of birth, address, identification number and email. We also confirm how you will use Parallax (which should be for freelancer or salary purposes), and your sources of funds. We then securely verify your information with your passport or driver’s license and other government IDs soon, and a selfie liveness check to make sure you're a real human! The entire process can be as quick as 5 minutes if no additional reviews are needed.
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How quickly can I receive my funds through Parallax?Sending and receiving money to other Parallax users using our Send product is instant! Get your money in seconds! Actually. Once you have your money in Parallax, depending on your transaction size and withdrawal destination, it takes as quickly as 1-2 minutes to see your money in your accounts or wallets. Deposits from external USD accounts use the ACH or Wire transfer method, which are outside of Parallax' control and can take anywhere between 1-5 business days.
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How do I know my account is secure?We enable MFA for every user that signs up. We log you out every 12 hours and you have to sign back in with an OTP or through your Google log-in to ensure it's you and only you who as access to your account. Also, we have a unique security setup. When you sign up, you will create a PIN and download a Security File. Keep those safe as those will be required to make any transaction. Your funds are held in self-custodial wallet that you have ownership and control over, meaning we or our partners will not be able to access or run away with your funds and only you would have authorization to make transactions. Read more here.
Start Saving with Parallax
No credit check. No minimum balance. No hidden fees.
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