Zil

Zil is an online banking solution that offers a range of services for freelancers, startups, and corporations. They provide free instant money transfers between Zil accounts, as well as free international wire and ACH transfers. They also offer free eChecks, check drafts, and checks by mail, along with 100 check papers with the first $1,000 deposit into your account.Zil also offers custom expense cards for businesses to help manage employee expenses. They allow users to open multiple bank accounts for different purposes or aspects of their business. Zil’s mobile apps are available for both Android and iOS users, providing access to all banking functions and services.It’s important to note that Zil is not a bank itself. The banking service technology is provided by Evolve Bank & Trust. While we couldn’t find any irregularities with Zil, it’s worth mentioning that they present themselves as a bank to the public, but they do not have a banking license. Instead, they offer their banking products through white label licenses.Due to this fact, we rate Zil on our “Orange Compliance” list.