United States
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Arival
Puerto Rico IFE for global SMEs. Not FDIC. Cannot serve Puerto Rico residents.
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6.4Mixed
AlternativesFive questions
At a glance
Is it a bank?
Yes — International Financial Entity — Arival Bank International Corp., licence #IFE-065 (Puerto Rico OCIF). Still read the entity on the statement.
If it fails?
Not FDIC, FSCS or DGS. Arival Bank International Corp. is not directly insured. Settlement-partner FDIC is a pitch — read the live pricing FAQ, not the homepage.
Salary?
Not listed. An IBAN or sort code is not automatically a salary account.
Open from abroad?
Residency and KYC are gated. An App Store listing is not proof you can onboard.
Monthly fee
Business plans — confirm live
Account number
No IBAN-class local rail on this file.
NeoBankDB Verdict
Licence first · score second
6.4
/10 · Mixed
Arival is a Puerto Rico International Financial Entity. OCIF licence IFE-065. That is not a national bank and it is not FDIC. The pricing FAQ says so. The licence also bars Puerto Rico residents and PR-incorporated firms. Use it as a foreign-SME rail if the file fits. Keep salary and treasury at a chartered bank.
What it is
Arival Bank International Corp. sits at 1250 Ponce de León, San Juan. OCIF IFE, not OCC. Directories dump it next to SoFi because the word ‘Bank’ is on the tin. This desk does not. Settlement-partner FDIC language is a pitch, not a scheme. If the homepage says ‘US-licensed bank’, read the IFE number.
Best for: Non-PR companies that want a named Puerto Rico IFE and already keep operating cash at a real bank.
Last checked 2026-08-28. Not advice.
What it does well
- +Named OCIF IFE #IFE-065
- +Honest on the FAQ that it is not FDIC
- +Built for foreign SMEs
- +Not pretending to be Chase
What to watch
- −Not FDIC / FSCS / DGS
- −Cannot serve Puerto Rico residents
- −IFE is not a national bank
- −Partner-settlement literacy required
Who holds the money
The account
- Platforms
- Web
- Account types
- Business USD / multi-currency
- Partner bank
- Arival Bank International Corp. (OCIF IFE #IFE-065)
- Minimum balance
- Plan-dependent
- Lowest monthly fee
- Business plans — confirm live
- Who can open
- Non-PR companies; cannot serve Puerto Rico residents or PR entities
- Availability
- Remote SME onboarding where the jurisdiction policy allows
How money actually moves
- Who holds the cash
- Insured bank deposit
- How money moves
- ACH / USD
- Built for
- Business
- Settlement
- App-ledger instant; bank rails per corridor
- Freeze risk
- Bank-grade; still not freeze-proof
- Card
- Arival lists a physical card and a virtual card on visa. Confirm the live product in the app — a card is not a current account.
Licence first
Safety
Not FDIC, FSCS or DGS. Arival Bank International Corp. is not directly insured. Settlement-partner FDIC is a pitch — read the live pricing FAQ, not the homepage.
Who holds the money: Arival Bank International Corp. (IFE, not a national bank)
- Puerto Rico OCIFInternational Financial Entity — Arival Bank International Corp., licence #IFE-065 · Puerto Rico / United States
Fees
- Monthly
- Business plans — confirm live
- FX markup
- Corridor pricing, not mid-market magic
- ATM
- Not a consumer ATM product
Features
- –IBAN
- –Fee-free core
- –Multi-currency
- –Apple Pay
- –Google Pay
- ✓Virtual card
- ✓Physical card
- –Metal card
- –Crypto
- –Stocks
- ✓Business
- –Kids
- –Halal
- Business USD account
- Remote onboarding (pitch)
- Multi-currency rails
- Cards
- OCIF IFE named
Score
- Safety25%
- 5.6
- Fees20%
- 6.4
- Features15%
- 7.0
- App15%
- 6.8
- Global15%
- 7.2
- Support10%
- 6.0
Change log
Full logLicence
OCIF IFE #IFE-065 — not FDIC
Arival Bank International Corp. Puerto Rico. Cannot serve PR residents. Settlement-partner FDIC is a pitch.
Available in
Straight answers
FAQ
01Is Arival a bank?
Arival holds a banking-style licence (Puerto Rico OCIF). Still read the legal entity on the statement, not the app icon.
02How is money protected?
Not FDIC, FSCS or DGS. Arival Bank International Corp. is not directly insured. Settlement-partner FDIC is a pitch — read the live pricing FAQ, not the homepage.
03Where is Arival available?
We list 1 market on NeoBankDB. Residency and onboarding rules still sit with Arival.
04Card and wallets?
Arival lists a physical card and a virtual card on visa. Confirm the live product in the app — a card is not a current account.
05Can I open Arival remotely?
Residency and KYC are gated. An App Store listing is not proof you can onboard from your country.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
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