UGLYCASH 3.0.22

UGLYCASH is a U.S.-based banking application that extends its services to users in Latin America. It provides checking account options through an FDIC-insured banking partner, alongside Mastercard debit functionality, allowing users to send USD both domestically and internationally to various Latin American countries, with a minimum transfer of $1. Its advantages in coverage and cost position it competitively against other platforms such as Venmo, Cash App, and PayPal.

Benefits for Members:

• Send USD Locally or to Latin America for $0: UGLYCASH functions as an international counterpart to Venmo, permitting users to send money not only within the U.S. but also across several Latin American nations, including Argentina, Colombia, Mexico, and more. This feature allows for seamless transactions via various messaging apps including WhatsApp and Messenger.
• No Conversion Fees: Transactions are straightforward, as recipients receive funds in USD without the hassle of currency conversion.

Open a U.S. Checking Account with Ease:

• Opening an account is free with no monthly fees or minimum balance requirement.
• Funds are protected up to $250,000 by FDIC insurance through Bangor Savings Bank.
• The account can be opened using U.S. identification (state ID or driver's license) alongside foreign identification (passport), with no Social Security Number required.
• Account holders can receive bank transfers, manage online bill payments, and access statements clearly labeled with their name.

Mastercard Debit Services:

• UGLYCASH offers both virtual and physical debit cards usable anywhere Mastercard is accepted.
• No credit checks are required for application, and users benefit from $0 monthly fees and balance requirements.
• The option to connect with Zelle, Venmo, and Cash App is available for added convenience.
• Debit cardholders may also access cash from ATMs, although local fees may vary.

Cash Deposits: Members can deposit cash at over 90,000 retail locations across the nation. Funds can be utilized via the Mastercard Debit while also enabling fee-free remittances to Latin America.

Visa Card Availability for Latin America:

• Recipients in Latin America can access their funds immediately using their Ugly Visa card, available in both physical and virtual forms for usage wherever Visa is accepted.

Member Advisor Support:

• A dedicated member advisor will be assigned to each user, fostering a personalized experience throughout their interaction with the app.
• This individual will provide support through chat or scheduled meetings as needed.

Additional Information:

*UGLYCASH operates as a financial services platform rather than a traditional bank. Banking services are provided by Bangor Savings Bank, a member of FDIC. Understanding the nuances of FDIC insurance coverage is crucial, as it protects against institutional failures under certain conditions.

*The UGLYCASH Mastercard® Debit Card is issued by Bangor Savings Bank under license from Mastercard International Incorporated. Notably, Mastercard is a registered trademark."

1. The service availability may vary based on jurisdictional regulations.