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Review summary

Created with AI, based on recent reviews

Looking at 68 reviews, most reviewers were somewhat happy with their experience overall. Many customers appreciate the prompt and efficient support, highlighting quick responses and helpful assistance. People also find the service convenient for purchases and transfers, noting the ease of use and straightforward processes. The ability to open European IBANs and use SEPA transactions, especially for clients from Ukraine, is a significant positive for many. However, some people were dissatisfied with payment issues, including delays and unexpected fees. Several reviewers experienced difficulties with account verification, reporting excessive documentation requests and blocked transactions. There are also concerns about customer service, with some describing it as unhelpful or providing generic responses, leading to frustration and a feeling of being treated unfairly.

What people talk about most

Payment

Users describe negative interactions with payment. Many customers report that their money is blocked or held... See more

Service

Clients share ambiguous opinions on service. Many customers praise the service as fast, reliable, and... See more

Customer service

Customers consistently note ambiguous experiences with customer service. While some reviewers praise the... See more

User experience

Customers had ambiguous experiences with the user experience. Many reviewers found the Android app and web UI... See more

Response time

Reviewers mention ambiguous feedback about response times. Some customers praise quick reactions and... See more

Reviews shaping this summary

Rated 4 out of 5 stars

my personal account was solved with my right address updated thanks for that genome. but the business department still asks me again all about my company that I sent last week. so I need to fill the... See more

Company replied

Rated 5 out of 5 stars

I have used the wallet for several months and I am very thankful for very prompt support in real time, truly fast SEPA instant modality and what is really cool - visa debit card with visa OCT option.... See more

Company replied

Rated 5 out of 5 stars

I am a citizen of Ukraine, and Genome with their team give me an opportunity to create European IBAN and use SEPA transaction around the world, despite all restrictions in my country. They are nearly... See more

Company replied

Rated 5 out of 5 stars

Affordable and no-frills banking experience. I like the service rates. Web UI of the online banking is clear and straightforward. The Android app also looks good.

Company replied


Company details

  1. Payment Service
  2. Card Processing Service
  3. Currency Exchange Service
  4. Financial Institution
  5. Money Transfer Service
  6. Non-Bank Financial Service

Written by the company

Genome is a licensed Electronic Money Institution regulated by the Bank of Lithuania since 2018. We provide online financial services for businesses, merchants, and individuals across Europe and globally. Our services include dedicated IBAN accounts, SEPA Credit and Instant transfers, SWIFT transfers for businesses, multi-currency accounts, currency exchange, and virtual and physical Visa debit cards. For merchants, Genome offers pay-by-bank payment acceptance through open banking, enabling fast, secure, and cost-efficient transactions without cards. Genome brings payments, accounts, and merchant services together into a single, regulated financial ecosystem designed for international operations and growth.


Contact info

3.6

Average

TrustScore 3.5 out of 5

227 reviews

5-star
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1-star

Replied to 74% of negative reviews

Typically replies within 1 week

How this company uses Trustpilot

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Rated 3 out of 5 stars

only opened account

only opened account, but never used it and had to pay 110€ meaningless fee.
Literally every other bank is better.

January 1, 2023
Unprompted review
Genome logo

Reply from Genome

Dear Samuel,

We are very sorry to hear about your negative experience.

We would like to mention that by pressing "I agree" with the Terms and Conditions, you acknowledge that you have carefully read, fully understood, accepted, and agreed to all of the provisions contained in these terms, including Genome Fees and Charges. Please be informed that all fees are indicated in our pricing, which is in open use here: https://genome.eu/low-risk-business-account-pricing#general. Please note that 100 EUR is an IBAN opening fee applied regardless of account usage. A 10 EUR periodic fee is applied in advance, and if the wallet was not actively used, the fee is not charged next month. If you have any additional questions regarding Genome fees, please do not hesitate to contact us at support@genome.eu

Rated 1 out of 5 stars

Deposited few hounderds and they dont…

Deposited few hounderds and they dont let me withdraw even 1€😡😡😡😡

January 1, 2023
Unprompted review
Genome logo

Reply from Genome

Dear client,

Thank you for your feedback! We are sorry to hear about your negative experience. We try to solve each client's situation individually, so please contact us at support@genome.eu so we can assist you further.

Rated 5 out of 5 stars

Good mobile app and card design

I have been using Genome for more than a year, I have opened IBAN and cards. Love the card design. Also a well-implemented mobile application, a simple and convenient design. It is very convenient to pay by card, use currency exchange and send Sepa payments.

April 11, 2022
Unprompted review
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Rated 4 out of 5 stars

I ve been using Genome for almost a…

I ve been using Genome for almost a year. Fast money transfers, untill now i had no problems. Costumer support is best possible, answering in less then few minutes every time i needed. Only what i think is missing short to perfect is that frequent security checks (blocking transfers for a check even with a supersmall 10-20 payments) are annoying and will cause costumer to choose different financial operater for serious private and business transfers.

December 28, 2022
Unprompted review
Rated 5 out of 5 stars

Very good customer support - trustfully company

I had my first experience with the Customer Support via chat support. The Customer Support agent answered me very fast. I told the agent my problem and in a very short time my problem was favorable solved. I advice you to trust and make transactions with this company.

December 26, 2022
Unprompted review
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Rated 5 out of 5 stars

A convenient platform for money transfers

A very convenient platform for working with money transfers, everything is clear and convenient, there is feedback, which is very important. There are answers to any questions, for which many thanks to the Genome team! I recommend!

December 20, 2022
Unprompted review
Rated 5 out of 5 stars

Easy understandable and very approachable

I found Genome to be a very good platform if you have a business and you want to manage both personal and business funds. User-to-user payments work extremely well and fast and it's convenient to have both EUR and SWIFT payments on one platform, plus a Visa card. Although I had to contact Support several times to understand some processes, the Support Team actually replied pretty fast and helped a lot. Hope they keep improving and expanding their services and payment destinations though.

December 18, 2022
Unprompted review
Rated 1 out of 5 stars

Unexpected and very negative experience

I opened this account to receive my pension and once the first transfer arrived, a withdrawal transfer was stopped without any explanation. Luckily support reply my email mentioning, I would need to fix the limits first and then it will work. Once done, again it was stopped. Again need to email them, and by then, I need to prove where the 3000 euros in the account come from. So upload the document and tried again, but again stopped. Now, need to face an interrogatory online: where are you now? Are you using a VPN? Why use one? Have you given someone else your account to use it? etc!! After answering it, I asked how long this compliance process is going to take. The answer: 5 working days!! OMG!!! Maybe, I should have said, I am a Ukrainian citizen to deserve the "normal treatment". What really pisses me off, is that the bank knows all these steps, but nobody informs you about it in advance. Seems that anyone using money or having a bank account these days is either a criminal, money launder or drug trafficker. You don't own your money anymore, banks do. And like when we were kids, we need to ask them permission. Soon, they are going to ask you, how do you spend it and why? I am done with it. Don't recommend anyone to open an account here. Revolut or Wise are 1000% better options.

December 13, 2022
Unprompted review
Genome logo

Reply from Genome

Dear valued client,

We are very sorry to hear about your negative experience. Please note that the starting limits of the wallet are 1000 EUR per year. They can be increased at any time according to your needs by filling in the KYC increase questionnaire as per the 8.1 Clause of our Term&Conditions. Usually, limits are increased within 1 business day, as with your case. However, when there's a high number of requests, it can take longer than the mentioned timeframe. Please note that to ensure the safety of your account, we might ask some additional questions strictly due to security reasons. Please be assured that we will take your feedback into consideration to improve our services in the future.

Rated 1 out of 5 stars

Closed my account with no reason

Closed my account with no reason. Sec.3 and 20 due their FAQ, but none of rules can be applied to me

November 29, 2022
Unprompted review
Genome logo

Reply from Genome

Dear client,

Thank you for your feedback. We are sorry to hear that your experience with Genome was not pleasant. Please be informed that if the application does not meet our Terms and Conditions, we reserve the right to close the account immediately. Please contact us at support@genome.eu to find out more information regarding your wallet closure.

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Rated 2 out of 5 stars

Still no in-app 3DS confirmation for…

Still no in-app 3DS confirmation for business users...Support told me in August that 3DS will bi available in 2 month and still nothing...

November 12, 2022
Unprompted review
Genome logo

Reply from Genome

Dear Gabor,

Thank you for your feedback! Please be informed that unfortunately, the implementation of the mentioned functionality takes longer than expected. Therefore, we will notify you once in-app 3D secure confirmation for Genome users will be available for use.

We are very sorry for the inconvenience and hope for your understanding.

Rated 5 out of 5 stars

The feeling of the brilliant service…

The feeling of the brilliant service keep me engaged to write this simple review!
The team of Genome is something different in a absolute positive way , this people are so service orientated that the professionalism is unbelievable !!! I write this with a full heart of honesty ! Accurate , Focused , Compassionate and Caring !
I'm absolutely amazed about everything they perform from software to team response !
Wish you all best and keep up the incredible service !
Thank you !

....
.

November 10, 2022
Unprompted review
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Rated 1 out of 5 stars

i really really suggest you to stay away from this bank

I opened an account on 16/03 and on 15/07 I received an email that my account is on investigation, and it's written like this : Please note that, in accordance with our Terms and Conditions (Clauses 12 and 20), your personal wallet is now under investigation.
The investigation can take up to 30 days, yet it usually takes us 10-15 days to gather all the necessary information and documents and come up with a decision.
NB: you can receive money, but you can't send it out or pay with the card ( what smart people in there ) one month later I did contact theme they told its taking as a little longer, and until today my account still on investigation, when I did contact again and again the support he told that they have the right to extend the time, and it's mentioned on Clause 20.6 after I read it, it's about after they close your account they can hold your money up to 180 days, but it's not the investigation and now 3 months and my money is held in their more than 5k that I can't use till they finish their investigation that i don't know when it will finish, and they don't mention that in their email or their Terms and Conditions!! I will give my case to a lawyer better to pay some money to the lawyer to solve this than wait, i don't know how long 1-2-3 years!

July 15, 2022
Unprompted review
Genome logo

Reply from Genome

Dear Customer,

Thank you for your feedback! We’re incredibly sorry to hear about the experience you had.

Please note that Genome, as a financial institution, has the right to temporarily restrict accounts and investigate cases that meet the specified criteria based on the laws of the Republic of Lithuania. Please be informed that unless the account is under investigation, no restrictions are applied to the wallet. Therefore, we kindly ask you to wait until the end of the investigation and its final decision. You will be informed personally via email once any updates regarding your case appear.

Rated 1 out of 5 stars

Awfully!

I'm from Ukraine, I'm found article about Genome in the news where was said that it is "nice app" to have. I never received or send payment via Genome and now they don't want to close my never used account before I pay a monthly fee. And they don't care that I can't do it because all payments on foreign services are banned in Ukraine. Horrible service! Also Genome horrifying me that "debt" is going to grow and the case is going to be forward to debtors! It is look like Genome are company of people without soul! Awfully!

October 10, 2022
Unprompted review
Genome logo

Reply from Genome

We are very sorry to hear about your negative experience. We would like to mention that all Genome rates are listed on the website, and each customer agrees with the fees applied to their account during registration (Terms&Conditions). The fees are automatically applied inside the system. We also try to solve each client's situation individually, so please contact us at support@genome.eu so we can assist you further. What is more, our company is trying to help Ukraine and Ukrainian citizens as much as possible by applying discounts to our services, donating money to the Ukrainian army, and providing an opportunity to open FOP accounts in the Genome system for the Ukrainian sole proprietors.

Please be assured that we will take your feedback into consideration to improve our services in the future.

Rated 5 out of 5 stars

I'm writing this review to express my…

I'm writing this review to express my gratitude to the team of genome. I have not yet started fully using the services however the amount of attention and detailed thoughtful review and solution of my problems really made my impression very good so far. I'm really hopeful that my personal and business usage of the service would be on the same level. So far very much well done!

September 1, 2022
Unprompted review

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