I became a member of Bulder Bank…
I became a member of Bulder Bank expecting free and simple banking, but my experience has been disappointing.
SWIFT transfers in NOK are the only way to avoid the 2% currency surcharge+other fees, but even then the transaction can be blocked if sending to family with a foreign bank. You can only send it to yourself .
Their advertised SWIFT fee of 60 NOK was not applied; it was 75 NOK.
SEPA transfers NOK/EUR always incur a ~2% fee.
Transfers on behalf of third parties are not allowed, which makes using the bank for regular international payments very restrictive.
Customer support sometimes gives inconsistent answers and doesn’t clarify these limitations clearly.
In addition, no notifications about receiving payment, slow transactions even to Norwegian accounts.
Expensive physical and digital card
Slow display of account movements