Starling Bank vs Placid - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like Starling Bank and Placid have emerged as leading choices. Both Starling Bank and Placid online platforms offer efficient and cost-effective and secure international money transfers from Starling Bank and Placid.

We compare Starling Bank vs Placid into the unique features and benefits that distinguish Starling Bank vs Placid, empowering you to make an informed decision based on your specific transfer needs like Starling Bank vs Placid fees, currencies available, available payment methods on Starling Bank compared to Placid, support options offered by Starling Bank vs Placid, speed and more.

Starling Bank vs Placid: Quick Feature Comparison

  1. Visit Starling Bank alternative Starling Bank Visit Starling Bank

    Used By: 2500000
    Currencies Available: 20
    Transfer Fees: 0.4%+local fee
    Payment Methods: standing orders, withdraw money through an ATM machine with a debit card and deposit money via bank transfer
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 25000 GBP/day
    Year Founded: 2014

  2. Visit Starling Bank alternative Placid Visit Placid

    Used By: 500000
    Currencies Available: 10
    Transfer Fees: none
    Payment Methods: debit ard, credit card, placid express
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 2900 USD/day, 7000 USD/month, 20000 USD/3 months
    Year Founded: 1895

Starling Bank vs Placid: Pros and Cons

Starling Bank vs Placid
Advantages

Starling Bank Advantages Placid Advantages
  • Starling Bank is available internationally.
  • Starling Bank has multiple currency options.
  • Starling Bank provides phone customer support.
  • Starling Bank provides email customer support.
  • Starling Bank is available to iOS Apple device users.
  • Starling Bank is available to Android mobile device users.
  • Placid has been in operation for over 129 years.
  • Placid operates in numerous international countries.
  • Placid offers an extensive range of currency options for money transfers.
  • Placid provides phone support.
  • Placid offers registered customers email support.
  • Placid has a Apple iOS app on Apple app store.
  • Placid offers a Android Google Play Store mobile app.

Starling Bank vs Placid
Disadvantages

Starling Bank Disadvantages Placid Disadvantages
  • Starling Bank has no PayPal support.
  • Starling Bank has no Neteller payments support.
  • Starling Bank has no Skrill payment support.
  • Starling Bank does have a mobile digital wallet like some others.
  • No home delivery with Starling Bank.
  • No cash pickups with Starling Bank.
  • No money order support with Starling Bank.
  • No live chat support with Starling Bank.
  • Placid has no PayPal option.
  • Placid has no Neteller option.
  • Placid has no Skrill option.
  • No digital wallets with Placid.
  • No Placid home delivery.
  • No Placid Cash pickups.
  • No Placid money order option.
  • No Placid Livechat.

Starling Bank vs Placid Fees and Other Costs

Fee type Starling Bank Fees Placid Fees
Transfer Fees 0.4%+local fee none
Min Transfer none none
Max Transfer 25000 GBP/day 2900 USD/day, 7000 USD/month, 20000 USD/3 months
Payment Methods standing orders, withdraw money through an ATM machine with a debit card and deposit money via bank transfer debit ard, credit card, placid express
Currencies GBP, EUR, USD, BGN, CZK, DKK, PLN, HKD, HUF, MXN, NZD, NOK, QAR, RON, SGD, ZAR, SEK, CHF, THB, TRY BDT, INR, IDR, NPR, PKR, LKR, PHP, VND, EUR, FIM

Starling Bank vs Placid Restricted Countries

Starling Bank Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Placid Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Starling Bank vs Placid Transfer Speeds

Transfer Speed Starling Bank Placid
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Starling Bank vs Placid Languages

Starling Bank Supported Languages

English

Placid Supported Languages

Starling Bank vs Placid Verdict - Which is better?

Which is best out of Starling Bank and Placid depends on your needs.

  • Starling Bank vs Placid Transfer Fees: Transferring money with Starling Bank costs 0.4%+local fee while Placid charges none.
  • Starling Bank vs Placid Supported Currencies: Starling Bank deals in over 1, where as Placid offers transactions in 1.
  • Starling Bank vs Placid Payment Methods: Starling Bank accepts standing orders, withdraw money through an ATM machine with a debit card and deposit money via bank transfer, while Placid allows transactions via debit ard, credit card, placid express.
  • Starling Bank vs Placid Transfer Limits: Starling Bank allows transfers between none and 25000 GBP/day. Placid's range is none to 2900 USD/day, 7000 USD/month, 20000 USD/3 months.
  • Starling Bank vs Placid Minimum Age for Account Creation: Starling Bank requires users to be at least 18 years old, where as Placid has a minimum age requirement of 18.
  • Contact Number: You can reach Starling Bank at 0207 930 4450 and Placid at 1-718-392-3500.
  • Starling Bank vs Placid Countries of Operation: Starling Bank operates in over 1 countries but has restrictions in over 1 countries. Placid serves 1 countries and restricts operations in 1 countries.
  • Starling Bank vs Placid Client Base: Starling Bank is used by 2,500,000, where as Placid serves 500,000.
  • Starling Bank vs Placid Year Founded: Starling Bank was established in 2014 and Placid began its operations in 1895.
  • Starling Bank vs Placid Customer Rating: Starling Bank holds a rating of 3, in contrast, Placid has a rating of 3.
  • Starling Bank vs Placid Headquarters: Starling Bank has its headquarters at London (GB), while Placid is based at New York, US.
  • Starling Bank vs Placid Employee Count: Starling Bank employs 1,245 individuals, where as Placid has a team of 250.
  • Starling Bank vs Placid Estimated Annual Turnover: Starling Bank turnover stands at 125200000, while Placid boasts a turnover of 20,000,000 USD.
  • Starling Bank vs Placid Founder: Starling Bank was founded by Anne Boden, holding the position of CEO. On the other hand, Placid was the brainchild of Marcy Miller,, currently holding the position of CEO.
  • Starling Bank vs Placid Supported Languages: Starling Bank offers support in over 1 languages. Placid communicates in 1.

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Starling Bank vs Placid Alternatives Guides

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Screenshots

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Placid Screenshot

Starling Bank Screenshot